ARB / TetherUS
Long
Updated

Arbitrum $arb currently in a Masive Falling Wedge

864
ARB currently printing a Massive Falling Wedge along with a possible double bottoming pattern..

Arbitrum price action found its previous bottom around 0.90 in June 2023
Current price: 0.96

Will Arbitrum be able to maintain Support at its previous Bottom?
If #ARB is unable to hold support around previous bottom, Next Support is 0.5

If Support at 0.9 is held, Up resistances: 1.07, 1.15, 1.28, 1.43, 1.56, 1.69, 1.81 are possible
Note
ARB maintained support around previous bottom (0.9)... double bottom confirmed!
Order cancelled
ARB Price action unable to stay supported at 0.9 support....
0.5?

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