Arbitrum / USDT
Short
Aktualisiert

#ARB/USDT

215
#ARB

The price is moving within a descending channel on the hourly timeframe. It has reached the upper boundary and is trending downwards, with a retest of this boundary expected.

The Relative Strength Index (RSI) is showing an upward trend, approaching the upper boundary, and a downward reversal is anticipated.

There is a key resistance zone (in green) at 0.2250, and the price has bounced from this zone several times. Another bounce is expected.

The price is showing a consolidation pattern above the 100-period moving average, which we are approaching, supporting the possibility of a downward move towards it.

Entry Price: 0.2120
Target 1: 0.2017
Target 2: 0.1963
Target 3: 0.1887

Stop Loss: Above the green resistance zone.

Don't forget one simple thing: Money Management.

For inquiries, please leave a comment.

Thank you.
Trade wurde manuell geschlossen
#ARB
Target 1: 0.2017 Reached

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