Arbritrum has been doing so, so... It has been consolidating since May with no real action, nothing of interest.
The 3-down pattern though can signal that the consolidation/correction is coming to an end. This pattern repeats over and over as bottoms form.
Another positive is that the current price trades above the 3-April low.
The negative is that EMA50 is still working as resistance but that's the last resistance before strong growth can take place.
If you are a bull and looking for higher prices, we are getting closer to what you are looking for... Let me make it simple, the wait is over.
Namaste.
The 3-down pattern though can signal that the consolidation/correction is coming to an end. This pattern repeats over and over as bottoms form.
Another positive is that the current price trades above the 3-April low.
The negative is that EMA50 is still working as resistance but that's the last resistance before strong growth can take place.
If you are a bull and looking for higher prices, we are getting closer to what you are looking for... Let me make it simple, the wait is over.
Namaste.
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