ARB is currently forming a bottoming extension pattern, with trading volume increasing, which looks like a sign of a bottoming process. But don't be fooled by this surface phenomenon—MACD remains in the negative zone, and the KDJ indicator has also shown a death cross signal, indicating that the downward trend still faces significant pressure.
On the market, selling pressure has not completely dissipated, and the selling pressure encountered during rebounds still exists. From a technical perspective, be mentally prepared for a possible new round of decline in the short term, with the target direction pointing towards the support area around 0.18.
At this stage, it is not recommended to rush into bottom fishing; wait for more clear signals before taking action.
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MoneyBurner
· 8h ago
It's the same old MACD death cross routine. I already placed an order at 0.18, just waiting for the right moment to cut losses and buy in.
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AirdropNinja
· 8h ago
Here comes another scam to get me to buy the dip, always the same
Waiting for a signal? By the time the signal appears, it’s already up. My wallet has opinions
I’ve seen many MACD death crosses, but my losses are even greater
0.18? I bet it will keep going down
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MidnightSnapHunter
· 8h ago
Oh no, don't rush to buy the dip. Looking at this death cross, it still needs to fall further.
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MetaDreamer
· 8h ago
Wait a minute, the MACD is still at the bottom, and the death cross has already appeared. This bottoming might be fake.
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GasFeeSobber
· 8h ago
Don't worry, it looks like it still needs to drop further.
MACD is still dead; it feels a bit early for this bottoming phase.
See you at 0.18, let's wait a bit longer, everyone.
The courage to buy the dip needs to be a little bigger; I'll observe for now.
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SatoshiLeftOnRead
· 8h ago
Wait a bit before taking action. This wave is indeed a bit fierce, and the MACD is still in the basement.
ARB is currently forming a bottoming extension pattern, with trading volume increasing, which looks like a sign of a bottoming process. But don't be fooled by this surface phenomenon—MACD remains in the negative zone, and the KDJ indicator has also shown a death cross signal, indicating that the downward trend still faces significant pressure.
On the market, selling pressure has not completely dissipated, and the selling pressure encountered during rebounds still exists. From a technical perspective, be mentally prepared for a possible new round of decline in the short term, with the target direction pointing towards the support area around 0.18.
At this stage, it is not recommended to rush into bottom fishing; wait for more clear signals before taking action.