ARB / TetherUS
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Arbitrum Swing Trade

601
2Day Timeframe + elliot wave count + support and resistances

syot kilat

12h Timeframe + support and resistances

syot kilat

Suspecting the correction is finished and the low is in
Every pullback is an buy opportunity until we break the last high around 2,40 dollar or make an complete 5 wave move to complete wave 3 primary

On the 6h chart looking to enter back in previous rang in a 5 wave move
target is point of control around 1,13 dollar or a possible fake out to the value area high around 1,21 dollar

Stop loss beneath the low in the elliot wave count, otherwise the downtrend continues in wave 5 of wave C on the 2Day chart




Nota
Bouncing off the 0.618 Fib retracement and 0.618 Fib extension target for wave C
Market structure holding the higher low, wave 3 should begin next


syot kilat
Nota
bounced another time from the 2h green support from previous chart

alternative scenario for the 5 wave move up

syot kilat

Penafian

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