Potential Head and Shoulders Pattern on ARCSOL/USDTTimeframe: 1H | Exchange: MEXC
Date: March 23, 2025
Hey traders! 👋
Spotted a possible Head and Shoulders pattern forming on ARCSOL/USDT. 👀
Left Shoulder: Around 0.0503
Head: Bottomed out at 0.0415
Right Shoulder: Currently forming near 0.0471
This pattern is typically a bearish reversal signal