Arbitrum selling pressure is done
🟢 Channel = Breakout
🟢 OBV = Bullish Divergence
🚀 $2.00 price target to the 0.618 golden ratio seems reasonable
🟢 OBV = Bullish Divergence
🚀 $2.00 price target to the 0.618 golden ratio seems reasonable
Note
ARB is still looking good.OBV = above previous resistance
Trade closed: target reached
Appears to be a Double Top.1H is a Head & Shoulders reversal pattern
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.