ARKbtc making a push closer toward 80k sats?
arkbtc daily... could see a push to 80k sats, especially if btc continues correcting.
For it to happen ARK must breach the big blue triangle, then will be met with resistance at the 162% fib retracement and the upper black channel trendline.
Watch rsi and lagging span closely for this uptrend to reverse.
The 262% (fib with background) and 23% fib2 (no background) look like big resistance in the event of a blowoff
Remain long with a breach out of the blue triangle.. would buy back more at 38% fib retracement (fib1 background); worried if we dip below ( and out of the blue triangle)
For it to happen ARK must breach the big blue triangle, then will be met with resistance at the 162% fib retracement and the upper black channel trendline.
Watch rsi and lagging span closely for this uptrend to reverse.
The 262% (fib with background) and 23% fib2 (no background) look like big resistance in the event of a blowoff
Remain long with a breach out of the blue triangle.. would buy back more at 38% fib retracement (fib1 background); worried if we dip below ( and out of the blue triangle)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.