$ARB Arbitrum Breaking out of Accumulation Zone - Next Leg

Arbitrum is finally coming out of its accumulation phase, over the next few days I expect to see some consolidation showing signs of strength (SOS)

Next leg will look something like this

Needs to remain above the 1.77ish level on the daily close

I've been in the trade since 1.40 and been watching it since 1.25

Fundamentally Arbitrum may be one of the most undervalued tokens in the market, considering it is the #2 chain by volume and the #4 chain by TVL with over 500 protocols on chain!!!

This tells me developers are building here, and traders are trading here which is exactly what we want to see.

Drop a follow or comment if you want me to publish more of my drawings!!

I have tons more I'm tracking that I haven't published yet!

#arb #wyckoff #arbitrum