🔴$INJ $LTC $ARB Technical Updates & Analysis 🔴
INJ - Absolute Dominance
- Bounced off predicted support at $1.20
- Expecting a strong bullish impulse to continue towards the 62% target at $1.50
- RSI indicates oversold conditions, supporting the bullish reversal
- MACD shows a bullish crossover, confirming the uptrend
- Next resistance level at $1.80, a break above which could lead to further gains
LTC - Litecoin Breakout
- Broken out of a falling wedge pattern on the intraday chart
- This breakout signals the end of the previous downtrend and a potential trend reversal
- Expect a potential 40% bullish move following this breakout, targeting $120
- RSI indicates a bullish divergence, supporting the breakout
- Next resistance level at $110, a break above which could lead to further gains
ARB - Weakness Ahead
- Broke out of daily uptrend, now testing lower support at $0.60
- If we lose this support, $0.50 is the next stop
- Need to flip resistance at $0.70 to reverse the trend
- RSI indicates oversold conditions, but MACD shows a bearish crossover, confirming the downtrend
- A break below $0.50 could lead to further declines, targeting $0.40
