After an initial period of sideways trading, it seems that ARB has finally found the way up. When we connect the two local tops and two local bottoms we can clearly see a bullish channel on the chart.
Seeing that BTC is currently going parabolic, I can definitely see volatile alts like ARB seeing big gains over the next days/week.
For now I'm looking at 1.60 and 1.80 as my initial targets, potentially even te top of the channel.