FieryTrading

🔥 Arbitrum Fibonacci Reversal: Short-Term Gains Coming

Long
BINANCE:ARBUSDT   ARB / TetherUS
ARB has been one the most hyped tokens of recent memory, with a full release on the biggest exchanges last week. After a small initial drop, it seems that ARB has found support on the 0.382 Fibonacci Retracement.

Since ARB has now stopped with making lower-highs and lower-lows, I'd wager that there's more gains coming for this highly anticipated token.

In the short-term, the blue lines are my targets. Over the long-term, it's anyone's guess where ATB can go. Either way, I think this token will fly once BTC can get a decent trend going.

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