ARBITRUM Coin Elliot wave ARB/USDT
Updated
Hello Everyone,
welcome to hedgers academy tradingview account,
in this analysis you can see we have tried our best to cover up the Elliot wave analysis for arbitrum coin which is quite new and under development price action..
right now we are expecting a fresh leg up of new Primary Elliot wave beginning if this wave 2 validates the scenario and we see a massive breakout in terms of motive wave 3 as impulsive wave.
the timing is quite nice for the breakout cause btc is sideways in the range and bitcoin dominance is favoring the alt coins rally.
Cheers
No financial advice pure entertainment purpose.
Regards,
Hedgers Academy
welcome to hedgers academy tradingview account,
in this analysis you can see we have tried our best to cover up the Elliot wave analysis for arbitrum coin which is quite new and under development price action..
right now we are expecting a fresh leg up of new Primary Elliot wave beginning if this wave 2 validates the scenario and we see a massive breakout in terms of motive wave 3 as impulsive wave.
the timing is quite nice for the breakout cause btc is sideways in the range and bitcoin dominance is favoring the alt coins rally.
Cheers
No financial advice pure entertainment purpose.
Regards,
Hedgers Academy
Note
Note
Arbitrum is near to invalidation if it breach the daily and 12h level, cause we are anticipating a wave 2 a higher low atm to support the Elliot wave and market structure.as far as development happening Arbitrum is showing Wxy double corrective wave in wave 2
Trade active
Trade closed: target reached
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