ARBUSDT
one of the members asked me to analyze ARB/USDT
and i did it with a pleasura :
as we see ARB the highest price it reached was 18apr at level price 1.8usdt
after 18 apr the price started to correct down and now we are in a bearish channel,
we standing at this moment at the middle of the bearish channel and a good point of support level 0 on fib.
as we learnd theres 1 scenario that will happen out of 2
Scenario 1: the price will be rejected frome the middle of the channel it will test the top of the channel and price will. go higher.
`scenario 2: if the price does not clode with a clear daily candel above the middle of the channel the the price will drop to .5 till .58usd
this was my Idea for ARB .
Share and follow :)
and leave me a comment if you want me to analyze any currency or share for you that you want to analyze I will do it for you and share it.