ARB Technical Analysis Feb 3
The post ARB Technical Analysis Feb 3 appeared on BitcoinEthereumNews.com.
[ENGLISH: Downtrend dominates in ARB; LH/LL structure continues in lower swing lows, BOS above $0.1378 could signal bullish change.] Market Structure Overview ARB is currently trading in a clear downtrend, with the current price at $0.14 and a slight -0.15% decline over the last 24 hours. Market structure analysis points to a lower highs/lower lows (LH/LL) pattern instead of higher highs/higher lows (HH/HL); this indicates dominant bearish momentum. 9 strong levels were identified across daily and weekly timeframes: 1D with 1 support/1 resistance, 3D with 1S/1R, 1W with 2S/4R distribution showing resistance-heavy structure. Although RSI at 23.39 is in oversold territory, MACD shows a negative histogram and Supertrend gives a bearish signal; remaining below EMA20 ($0.17) reinforces the short-term bearish structure. This setup depends on breaking the $0.1256 swing low for trend continuation, or surpassing the $0.1378 swing high for reversal. Trend Analysis: Uptrend or Downtrend? Uptrend Signals A higher highs/higher lows (HH/HL) structure is required for an uptrend: consecutive higher highs and higher lows must form. No such structure has been observed in ARB recently; price was rejected below $0.17 resistance and stayed under EMA20. A potential bullish signal would be breaking the $0.1378 swing high and reaching $0.17 (Supertrend resistance); this would act as CHoCH (Change of Character), breaking LH/LL and triggering HL formation. However, although RSI is oversold, there is no divergence, resulting in a weak bullish case (target $0.2119, score 30/100). Downtrend Risk The downtrend is confirmed by LH/LL: rejection at the recent swing high of $0.1378, holding at swing low $0.1256 but with high breakout risk. This pattern supports bearish continuation; MACD is bearish and price is stuck in the $0.13-$0.14 range. A break below $0.1256 would form a new LL, targeting $0.0641 (score 22/100). On MTF, weekly has 4 resistances, creating a setup that…
Filed under: News - @ February 3, 2026 3:27 pm