ARB now has the opportunity to be re-priced. On the weekly chart, this coin has formed a deeply compressed descending wedge, what does this pattern usually indicate? It's not just a short-term fluctuation, but a signal that the long-term trend may be shifting.
Recently, the price has retested the lower boundary of the wedge. The key point here—if it can effectively break through and stabilize within the 0.40 to 0.50 range next, that would be a true confirmation. Wedge breakouts are often accompanied by significant market movements, so it's worth paying attention to the subsequent trend performance.
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Fren_Not_Food
· 15h ago
0.40-0.50 If it can't break through, it's a joke. Just wait to be repeatedly cut.
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GateUser-7b078580
· 15h ago
However, hourly statistics show that the breakout probability is actually less than 30%, and the historical lows will always go even lower.
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LightningClicker
· 15h ago
I've seen this wedge breakout pattern many times, but the key is still to break through and stabilize. Is it really that easy to break through the 0.40-0.50 range?
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WealthCoffee
· 15h ago
The wedge breakout theory has been heard too many times, but the key is whether it can hold above 0.4; otherwise, it's just another routine of cutting leeks.
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LiquidityLarry
· 15h ago
Let's see if the wedge breaks first. Right now, it's just dithering at the bottom. Can 0.40 to 0.50 really hold steady?
ARB now has the opportunity to be re-priced. On the weekly chart, this coin has formed a deeply compressed descending wedge, what does this pattern usually indicate? It's not just a short-term fluctuation, but a signal that the long-term trend may be shifting.
Recently, the price has retested the lower boundary of the wedge. The key point here—if it can effectively break through and stabilize within the 0.40 to 0.50 range next, that would be a true confirmation. Wedge breakouts are often accompanied by significant market movements, so it's worth paying attention to the subsequent trend performance.