AlanSantana

✴️ Arbitrum Will Eventually Get There... The Wait Is Over!

Long
MEXC:ARBUSDT   Arbitrum / USDT
Arbritrum has been doing so, so... It has been consolidating since May with no real action, nothing of interest.

The 3-down pattern though can signal that the consolidation/correction is coming to an end. This pattern repeats over and over as bottoms form.

Another positive is that the current price trades above the 3-April low.

The negative is that EMA50 is still working as resistance but that's the last resistance before strong growth can take place.

If you are a bull and looking for higher prices, we are getting closer to what you are looking for... Let me make it simple, the wait is over.

Namaste.

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