ARBUSDT has formed a long-tailed bar on the daily timeframe, indicating that buyers have stepped in and pushed the price higher. The market sold off giving opportunity to buy at low levels. Notably, this price action retested the top of the consolidation zone by forming a ABCD pullback. Since we rejection at the support level around 0.7000 we can expect the price to move up towards key resistance zone. My goal is resistance zone around 1.00
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๐Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! ๐๐ธ
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ๐ฉโ๐ป