ARCUSDT - Bullish Breakout Confirmed ARC has been trading in a well-defined descending channel for several weeks, forming a consistent downtrend. However, the price has now broken out of the channel resistance, signaling a potential bullish reversal.
Descending Channel Breakout: ARC has clearly broken above the channel’s upper trendline, indicating a shift in market structure from bearish to bullish.
Resistance Zone Flipped: The price broke through a recent horizontal resistance zone.
EMA: ARC is now trading above both the 50 EMA and 100 EMA,
Arcbtc
ARC analysis (4H)From the point where we placed the red arrow on the chart, it seems that ARC's correction has begun.
Based on the correction, a 3D pattern appears to be forming, with the third drive potentially completing in the green zone, where we can look for buy/long positions.
In this area, upon receiving a trigger, sell/short positions can also be considered.
For risk management, please don't forget stop loss and capital management
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