ARB technical crisis emerges! Double top break triggers risk of sharp correction
Market analysis:
ARB has recently formed a double top pattern, and the price has fallen below the key neckline support, suggesting that a sharp correction is coming. MACD dead cross exacerbates market panic and intensifies downward pressure in the short term. The short-term moving average crosses below the long-term moving average, further confirming the bearish trend.
Conclusion:
The current technical side strongly suggests a downward risk! If you want to get more in-depth analysis of the currency circle, follow me and grasp the market trends at the first time!
