#ARB
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 0.3382, acting as strong support from which the price can rebound.
Entry price: 0.3408
First target: 0.3466
Second target: 0.3523
Third target: 0.3596