Arbitrum / Tether

Long

Arbitrum selling pressure is done

Updated

🟢 Channel = Breakout
🟢 OBV = Bullish Divergence
🚀 $2.00 price target to the 0.618 golden ratio seems reasonable

Note

is still looking good.
OBV = above previous resistance

snapshot

Trade closed: target reached

Appears to be a Double Top.

1H is a Head & Shoulders reversal pattern

snapshot

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