๐Ÿ”ฅ Arbitrum Falling Wedge Bullish Break Out

์—…๋ฐ์ดํŠธ๋จ
Recently I made an analysis on ARB and the fact that it seemed to start a new bullish trend after it bounced off a Fibonacci support. Whilst it came close to the target, Bitcoin's bearish price action drove ARB's price further down.

๐Ÿ”ฅ Arbitrum Fibonacci Reversal: Short-Term Gains Coming


However, it appears that ARB is currently on the verge of breaking out of a falling wedge, which is classically a bullish reversal pattern.

Be patient for the break out to occur. Targets in blue.
๋…ธํŠธ
โœ… Target 1 hit
๋…ธํŠธ
โœ… Target 2 hit
ARBarbitrumBitcoin (Cryptocurrency)BTCChart PatternscryptofallingTechnical IndicatorspatternTrend AnalysisusdtWedge

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