ARBUSDT is showing a bullish reversal setup on the weekly timeframe after trading within a descending channel for over a year. A clear double bottom has formed near the channel’s lower support, and the price is now breaking above key resistance around $0.50. If this breakout holds, a move toward the upper resistance of the channel and potentially reach the ATH end of this bull run.
Cheers
Hexa
Cheers
Hexa
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🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.