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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gas_fee_therapist
· 2h ago
0.40? Only a break below counts, anything said now is useless
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MelonField
· 11h ago
If it can stabilize within the 0.40-0.50 range, ARB might really turn around.
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Fren_Not_Food
· 12-28 07:53
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
· 12-28 07:51
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
· 12-28 07:45
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
· 12-28 07:31
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
· 12-28 07:24
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.