๐ฅ ARB is showing a strong bounce from the key support at 0.4235 โ this level is crucial for a potential rebound toward Resistance 1 at 0.5606 ๐ช
โก The yellow line = breakout line, needs to be broken to confirm a reversal into a bull trend ๐
Once it breaks out, the path toward Resistance 2 (1.1845) looks wide open ๐๐
โ Invalidation: if price falls below 0.3726 (red line) โ watch out for further downside ๐ฉธ
โก The yellow line = breakout line, needs to be broken to confirm a reversal into a bull trend ๐
Once it breaks out, the path toward Resistance 2 (1.1845) looks wide open ๐๐
โ Invalidation: if price falls below 0.3726 (red line) โ watch out for further downside ๐ฉธ
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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.