๐ $ARB / $BTC โ 30M Technical Analysis (Binance)
๐น Momentum Indicators:
RSI: 36.00 โช โ Weak momentum, nearing oversold
Stoch K: 25.00 โช โ Close to oversold territory
MFI: 41.00 โช โ Low buying pressure, but not yet oversold
CCI: -134.00 ๐ด โ Strong bearish momentum
Williams %R: -100.00 ๐ด โ Extremely oversold
๐น Trend Indicators:
EMA (10, 25, 50, 100): Bearish ๐ด
EMA 200: Slightly Bullish โ๏ธ
SMA (10, 25, 50, 100): Bearish ๐ด
SMA 200: Slightly Bullish โ๏ธ
๐ธ Indicates short to mid-term bearish trend, long-term trend trying to hold.
๐น Trend Strength & Direction:
ADX: 32.94 โช โ Strong trend forming
-DI > +DI: Bearish trend in control ๐ด
MACD: Bearish crossover ON ๐ด
Parabolic SAR: Bearish ๐ด
๐ Conclusion:
$ARB/BTC is currently under strong bearish pressure on the 30-minute chart. With oversold signals from CCI and Williams %R, there may be room for a short-term relief bounce, but the overall trend remains decidedly bearish for now.
โ Trend: Bearish
โ ๏ธ Note: Oversold signs may attract scalpers, but caution is advised as trend pressure is still down.