Arbitrum / Tether
Updated

ARBY'S 32423

394
Appears to be nearing the exhaustion of this wave to the downside. Could be an descending broad wedge which target would be local ATH.
Note
keep a close eye on this 1.30 level. It could also be setting up for another sell off if it fails to break and hold as support.

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.