Coin name: ARB

SHORT
Price:
1) .3800

(Enter on entry price)
I’ve spotted a rising wedge, a bearish chart pattern, on the 4-hour timeframe. I’m waiting for ARB to retest before opening a short position, so be patient and wait for the ideal entry.

There’s a significant amount of upside liquidity in ARB, meaning the market may move up first to grab liquidity before dropping again. Once that happens, we can safely enter our short trade.

Risk management is key—avoid using high leverage and trade responsibly. If you need any help, feel free to comment on my posts!

Bitcoin dominance is looking bullish, which suggests that altcoins could move lower. Always manage your risk properly—use only 1% of your funds to stay on the safer side. If you have a basic understanding of crypto trading, do your own research (DYOR) before entering any trade. This is just my opinion—trade wisely and take responsibility for your decisions!

5x leverage isolated
Sl: .3915
Target:
1) .3649
2) .3536
3).3476