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Cross10XSignals
Apr 12, 2024 3:10 PM

ARBUSDT Elliott wave count 

ARB / TetherUSBinance

Description

Ending diagonal wave ((c)) of 2 is preferred status for this price action.
We are watching for evidences and clearing wave (4) 1.5915 will increase the chance to turn the price up.
Price reached at a key support level, 0.618 fib retracement of wave 1.
Also a possible oscillators indicators divergence at this level.

Comment


Updated wave 2 into a complex correction.
Near term resistance level remains 1.5915
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