📉 Crypto Strategy Update: Ualifi Boosts $ARB Short Position! Stay Informed! 🚀💹

📉 $ARB Analysis Unveiled! 🔄✨ Insights from Ualifi on X: Unpredictable Rise to 2.39, Now Anticipating Downward Breakout! 📊🔍

Yesterday, my friend Ualifi on X shared his insightful analysis on #ARB , creating a short trade at 2.33. Despite the anticipation of waiting until later in the week due to the ongoing #ETFsApproval developments, he noticed a crucial pattern in the coin. Initially expected to drop to 2.11, the coin surprisingly rose to 2.39 before showing signs of weakness and forming a downward breakout pattern. 📉🔄

Ualifi's logic revolves around the coin being in a falling pattern on larger timeframes, testing the upper part of an EXPANDED TRIANGLE. Simultaneously, smaller timeframes indicate the formation of falling patterns, such as a double top and a SYMMETRIC TRIANGLE. 📊🔄

Taking into account the buyers' interest, concentrated around the 1.74 area, aligning with the old resistance that should act as support, Ualifi sets his target at 1.80. 🎯💡

Ualifi has graciously allowed me to share his analysis with our #Binance Community.

For more insightful analyses, you can follow him as he demonstrates proficiency in crypto analysis. 🚀📈

#Arbitrum
Disclaimer: The provided information is for educational purposes, not financial advice. Ualifi's insights are personal opinions. Cryptocurrency trading carries risks; past performance doesn't guarantee future results. Always #DYOR🟢. .

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