The cryptocurrency #ARB has formed a head and shoulders patter | RosePremiumm

The cryptocurrency #ARB has formed a head and shoulders pattern, which is usually a positive pattern in technical analysis.

We have another positive indicator which is the breakout of the downtrend. Currently, I anticipate further upside for this coin.

The best areas to enter a long buy position, based on the expected correction, will be:

1) 1.1
2) 1.07

As for the profit targets for this trade, they are as follows:

1) 1.37
2) 1.54
3) 1.69

Finally, I will place the stop loss at the value of 0.94

https://www.tradingview.com/x/duGXqmqB/