At $ARB I’m looking up right now, but I wouldn’t rush here.
On the 4H chart, the structure is still holding higher lows for now, so locally buyers are still controlling the move.
But there’s an important nuance: the weekly chart and BTC remain bearish.
So right now I’m treating this specifically as a pullback against a larger move.
The first zone where I expect the price is 0.0827–0.0841.
If buyers can push through it, the next target is 0.0919.
For an entry, though, I’m more interested in seeing a dip to 0.0771–0.0765 and a normal reaction from buyers after liquidity is taken.
If a strong bullish candle appears and the structure on the lower timeframe flips upward—then you can consider an entry.
A close below 0.0769 completely breaks my scenario.
As long as the level holds—I’m looking up, but without extra confidence.
#ARB #Crypto #Trading
On the 4H chart, the structure is still holding higher lows for now, so locally buyers are still controlling the move.
But there’s an important nuance: the weekly chart and BTC remain bearish.
So right now I’m treating this specifically as a pullback against a larger move.
The first zone where I expect the price is 0.0827–0.0841.
If buyers can push through it, the next target is 0.0919.
For an entry, though, I’m more interested in seeing a dip to 0.0771–0.0765 and a normal reaction from buyers after liquidity is taken.
If a strong bullish candle appears and the structure on the lower timeframe flips upward—then you can consider an entry.
A close below 0.0769 completely breaks my scenario.
As long as the level holds—I’m looking up, but without extra confidence.
#ARB #Crypto #Trading