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Technical analysis by Barrenbull about Symbol ARB: Sell recommendation (8/21/2023)

https://sahmeto.com/message/236109
Barrenbull
Barrenbull
Rank: 16114
1.4
Sell،Technical،Barrenbull

It looks like ARB is following a descending channel pattern right now. This pattern is formed by connecting the lower highs and lower lows of its price using parallel lines, showing that it's on a downward trend. From what I've observed, I believe that ARB's price might touch the bottom of this descending channel before it starts moving upward towards new highs.

Translated from: English
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Signal Type: Sell
Price at Publish Time:
$0.99928
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