Arbitrum Price Forecast: ARBUSD dia mamerina ny fanohanana $ 1.1550 alohan'ny Rally

Azeez Mustapha

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Vidin'ny fanapahan-kevitra vinavina: 17 Mey

The fanelanelanana price forecast is for the market to keep abounding upward after it pulls back to retest the $1.1550 support level.

Fironana maharitra Arbitrum: Bullish (Tabilao 4 ora)

Teboka manan-danja:
Faritra famatsiana: $1.8170, $1.3310, $1.2880
Faritra fitakiana: $1.1550, $1.1100, $1.0620

Arbitrum Price Forecast: ARBUSD dia mamerina ny fanohanana $ 1.1550 alohan'ny Rally

fanelanelanana is trying to use a double-bottom bullish reversal pattern to convert its market to a bullish one. The process has begun, and the structure is now fully formed. The price has also broken the neckline. There is now a retest of the price at the $1.1550 key level before the coin finally surges upward.

Vidin'ny Arbitrage Forecast: ARB/USD Outlook

The Arbitrum market is on the verge of recovering from a dump that occurred earlier in the month due to the exhaustion of the buyers. This allowed the price to drop to the $1.0620 demand zone.

The bulls have created a double-bottom bullish reversal pattern on that $1.0620 demand zone. The aim is to get the price back to its peak before the bulls started to tire out.

The neckline of the double bottom structure has been broken, but the price pulled back to retest the $1.1550 level. The Stochastic has retested the oversold border for a strong rise.

Fironan'ny ARB/USD antonony: Bullish (tabilao adiny 1)

The Parabolic SAR (Stop and Reverse) dots on the 4-hour chart have yet to react to the price rise. However, on the 1-hour chart, the dots are alternating around the candlesticks and have switched below to confirm the price rise after retesting $1.1550.

Arbitrum Price Forecast: ARBUSD dia mamerina ny fanohanana $ 1.1550 alohan'ny Rally

The Stochastic Oscillator lines on the 1-hour timeframe have already risen to the overbought border indicating that there may yet be a second retest before the market finally shoots upward toward the $1.3310 resistance level.

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Azeez Mustapha

Azeez Mustapha dia matihanina amin'ny varotra, mpandalina vola, mpahay tetikady famantarana ary mpitantana vola manana traikefa efa mihoatra ny folo taona eo amin'ny sehatry ny vola. Amin'ny maha-bilaogera sy mpanoratra ara-bola azy dia manampy ny mpampiasa vola hahatakatra ireo foto-kevitra ara-bola sarotra izy, hanatsara ny fahaizany mampiasa vola ary hianatra hitantana ny volany.

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