The chart illustrates a macro falling wedge pattern on the 3-day timeframe — a bullish reversal structure commonly found at the end of a downtrend. A similar pattern previously played out in mid-2023, resulting in a sharp bullish breakout and a 2x price rally.
🟢 First Falling Wedge (2023)
Pattern: A falling wedge formed mid-2023.
🟢 Second Falling Wedge (Current)
Projection Logic:
Since this wedge is 3 times longer than the first one in duration…
It could take ~240 days (80 days × 3) post-breakout to reach the new ATH
Conclusion
🟢 First Falling Wedge (2023)
Pattern: A falling wedge formed mid-2023.
- Breakout: Price broke above the wedge resistance with strong volume confirmation.
- Price Action: After the breakout, price doubled (2x move) from the wedge's height, reaching its ATH (All-Time High).
- Time to ATH: Approximately 80 days after breakout to reach peak levels.
🟢 Second Falling Wedge (Current)
- Structure: A much larger and longer falling wedge that has been forming for nearly a full year.
- Breakout Imminent or Just Happened: Price seems to be on the verge of breaking out of the wedge.
- Measured Move: Just like the first wedge, a 2x projection from the wedge’s height is plotted, targeting the $4+ range.
Projection Logic:
Since this wedge is 3 times longer than the first one in duration…
It could take ~240 days (80 days × 3) post-breakout to reach the new ATH
Conclusion
- The current falling wedge breakout setup mirrors the first historical pattern — but at a larger scale.
- Given that the pattern has taken 3x longer to form, it is reasonable (based on fractal theory and price/time symmetry) to expect a similar but extended rally, both in magnitude (2x) and duration (~240 days).
- This analysis suggests a long-term bullish outlook for ARB, with patience being key for traders looking to ride this macro move.
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