$0.12
24h
-11.97%
17 Jul, 14:31
ARB Bullish Continuation Setup
Bullish+43.26%
AI Summary
The author presents a bullish technical analysis on ARB, citing bullish divergences, support holding, MA support, and volume increase as signs of a new bull cycle starting.
$ARB is looking eager for continuation on the markets.
The reasoning for that is really simple.
➡️ - Strong bullish divergences on multiple timeframes on $ARB vs. $USD and $BTC.
➡️ - Holding a crucial level of support, including making a higher low here.
➡️ - Holding the crucial daily MA's on this chart.
➡️ - Incredible amount of volume increase on the chart indicating that there's more demand.
This one is far from over and starting up a new bull cycle.