Arbitrum has seen a significant drop in value over the last few weeks, just like most other alts.
Since ARB is one of the newer alts on Binance, it has an above average growth path ahead of it.
Today I found 3 different "indicators" signaling a potential long-term bottom is in:
- Daily RSI has hit oversold
- Dotted purple support has held
- Bullish divergence on the daily RSI
A single indicator would be tricky to trade, but since all 3 are showing that this might be a great entry for a reversal I'm willing to take the bet.
Stop below the support, target around the current all-time highs.
Since ARB is one of the newer alts on Binance, it has an above average growth path ahead of it.
Today I found 3 different "indicators" signaling a potential long-term bottom is in:
- Daily RSI has hit oversold
- Dotted purple support has held
- Bullish divergence on the daily RSI
A single indicator would be tricky to trade, but since all 3 are showing that this might be a great entry for a reversal I'm willing to take the bet.
Stop below the support, target around the current all-time highs.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: www.fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: www.fierytrading.com
