🔔🔔!! NEW signal: ARB/USDT 🔔🔔
Leverage: 10x
Direction: Long
Entry: 0.526 - 0.528
DCA around: 0.52
Stop: 0.51
TP1: 0.5419
TP2: 0.557
TP3: 0.5731
TP4: 0.5937
ARB has formed a double bottom pattern. I'm expecting the price of ARB to reach the 0.5 Fibonacci level and fill the gap after the recent big downtrend we've seen in the past few days.
Yesterday's FOMC news was quite positive, as expected, which gives me confidence that we won't see BTC dropping below $60k for now
The Federal Open Market Committee (FOMC) plays a key role in setting monetary policy in the U.S., especially regarding interest rates and the money supply. Recently, the FOMC indicated that inflation is stabilizing and that there may not be any immediate rate hikes. This reassured the markets, leading to more positive sentiment, particularly in risk assets like cryptocurrencies. Such stability in interest rates often helps support prices in both traditional markets and crypto markets.
#ARB🔥🔥🔥 #Arbitrator #ARBLONG