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✴️ Arbitrum Will Eventually Get There... The Wait Is Over!
Arbitrum / USDT
Long
✴️ Arbitrum Will Eventually Get There... The Wait Is Over!
By AlanSantana
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Jul 9, 2023
3
0
6
6
Jul 9, 2023
Arbritrum has been doing so, so... It has been consolidating since May with no real action, nothing of interest.
The 3-down pattern though can signal that the consolidation/correction is coming to an end. This pattern repeats over and over as bottoms form.
Another positive is that the current price trades above the 3-April low.
The negative is that EMA50 is still working as resistance but that's the last resistance before strong growth can take place.
If you are a bull and looking for higher prices, we are getting closer to what you are looking for... Let me make it simple, the wait is over.
Namaste.
Chart Patterns
Technical Indicators
Trend Analysis
AlanSantana
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