Arbitrum / USDT
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#ARB/USDT Ready for a Major Breakout!

264
#ARB

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We are seeing a bounce from the lower boundary of the descending channel. This support is at 0.3500.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.

There is a major support area in green at 0.3050, which represents a strong basis for the upside.

Don't forget a simple thing: ease and capital.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

We are looking to hold above the 100 Moving Average.

Entry price: 0.3640
First target: 0.3828
Second target: 0.4009
Third target: 0.4229

Don't forget a simple thing: ease and capital.

When you reach your first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.