ARBITRUM - POTENTIAL $3 AFTER THIS RETRACEMENT

I am expecting a bounce from here on ARBUSDT since I am also confident that we are in a wave 3-cyan whereby the wave 4-yellow is almost in completion after the liquidity below is grabbed.

The invalidation level is clearly on the chart and a clean minimum of 3 risk reward presents itself if this plays out.


PREVIOUS ANALYSIS

OTHER ANALYSIS

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ARBUSDT filled at average price of $1.451 and has seen increase of 4% now let's see our target hit. Anticipated first target is $3.3 (127%)

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We will finally be out of the bear hands when 4arbusdt crosses $1.88 (previous swing high) an make a new swing high.

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ARBUSDT is very sluggish but I still believe in this though until otherwise

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ARB considered to be one of my worst prediction. This scenario has been invalidated and considered void. I will be updating the next possible move coming days.

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UPDATE