Arbitrum ready for the double bottom breakout?

23 août

It’s already broken above the neckline recently then dipped back below so another dip back below is certainly possible, however after the recent bullish sentiment from Jackson Hole, I think probability favors the breakout getting confirmed in the very near future. *not financial advice*

26 août

Note

Sure enough it has now dipped slightly below the neckline again for the 3rd time, though currently the neckline is already back to serving as support, so the very next time the crypto uptrend resumes should come with the breakout confirmation of this inverse head and shoulders.

10 sept.

Note

Retesting the neckline for the 4th break above it