#Arbitrum weekly chart actually looks solid to me. This is a massive falling wedge and if confirmed we can see a $1-2 easily. TVL and on chain metrics(5.2million) is strong which displays bullishness behind the scenes, even though price is not reflecting. After analyzing the wedge I noticed arbitrum has been consistently printing bullish divergences on the weekly. We have a clear double and possibly triple bullish divergence, if confirmed this could absolutely explode after consolidation is complete. Buying at the bottom of a falling wedge historically has a higher probability & win rate.
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