$ARB /USDT ANALYSIS ARB has broken out of the ascending tri | ADiii Maliik on Binance Square

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$ARB /USDT ANALYSIS
ARB has broken out of the ascending triangle and is currently retesting the area above it. A successful retest would confirm a bullish trend, while a failed retest and a sustained breakdown of the triangle would confirm a bearish trend.
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#US DOLLAR ANALYSIS The US dollar is currently being rejected by the resistance trendline of a symmetrical triangle pattern, while the Ichimoku cloud below the triangle is acting as support. We need to wait for a successful breakout or breakdown to confirm the US dollar's next move. It's also important to note that the US dollar often exhibits an inverse relationship with the cryptocurrency market. $MTL $LISTA $PHB

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