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behdark
Apr 15, 2024 10:56 AM

ARB UPDATE (1D) 

ARBUSDT SPOTBybit

Description

This is an update to the analysis you see in the "Related Ideas" section

The previous scenario is still valid.

We have a large diametric that we are in wave D of which we also reached the green range of the previous analysis and the price reacted to this support range.

But the point is that the time of the D wave cannot end so soon.

From the specified supply, we expect a downward price rejection.

Between the two vertical lines on the chart (on August 24 to September 25), wave D can end and the price can enter bullish wave E.

Closing a candle above the invalidation level will violate the analysis

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Comments
MyCryptoParadise
Thanks for sharing!
Xanrox
It was crazy, thanks for sharing!"
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