I have been observing ARB since the beginning of the week. The scenario is playing out clearly — the fractal is almost mirrored. Entry at $0.3906, now the price is ~0.396, but the structure holds.
Why I am holding: • RSI is not overbought, MACD is stable • EMA confirms the ascending channel • Key — breakout at $0.408 → then the target is $0.52
If there is a false breakout downwards — re-entry in the zone of $0.369. Is there anyone else holding ARB? What is your scenario?
On the ARB (H1) chart, a cup with a handle is forming — one of the most reliable bullish patterns.
The “cup” phase is almost complete ($0.385 → $0.420). Now the formation of the “handle” begins — the price is gently retracing to the $0.408–0.412 zone. If the level of $0.423 is broken, the pattern will be activated — and the target for it is $0.46–0.48
What confirms this:
RSI and MACD support the movement
EMA have diverged upwards
Interest in Square for ARB, ETH, and XRP is increasing — there may be a wave across the entire sector
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I started analyzing this scenario back in the first post (entry at $0.3906) — now ARB is gradually working out the structure. For those who haven’t seen it — check out the profile, everything is broken down from the foundation.
Do you also see this cup on H1? Share your levels — let’s compare strategies.