ARB: Van de Poppe Eyes Deeper Dips for 2X
ARB at $0.14 draws trader attention as Michaël van de Poppe eyes lower entries targeting 2X returns amid potential crypto market correction.
SourceAnalysis
ARB draws fresh attention after Michaël van de Poppe flagged two key points of interest, stating he will buy substantially lower during any market correction to target a 2X return.
Price action on the 4h chart shows ARB testing upper Bollinger resistance at $0.14 while the EMA50 sits at the same level acting as immediate resistance and the EMA200 at $0.12 provides the next major support zone; with RSI at 42.93 remaining neutral and the MACD registering a bullish golden cross, a healthy retracement toward the lower band support at $0.13 appears probable before any sustained upside attempt, aligning with the trader's plan to accumulate on further weakness for ARB price prediction setups.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast