#ARK / BTC ( many exchanges )
Buy Range : 0.00010500-800
Stop loss : below 0.00009900 - > rebuy at support and set it as new SL
Target 1 : 0.00018000
Target 2 : 0.00032000
Target 3 : 0.00048000
WEEKLY CHART
- Negative Volume
- Negative Sar
- Negative Moving Averages
- RSI near touched 30, which could be good for reversal but need longer confirmation
DAILY CHART
- CCI is turning into RED
- Bullish Divergency on the RSI
- Good performance on the last day
- Still below of Moving Averages
HOURLY CHART
- Sideways consolidation between trendlines
- Its being supported by EMA20/MA50
- It need to break into MA200
- It haven't break clearly Ichimoku Cloud
CONCLUSION
Ark is a really nice coin which many people has been waiting for a good breakout to the highs.
I think this coin got a very good potential and we should be on the best position to fill our bags with it.
However, since we are in bear market this coin could need more time and consolidation before rise.
Good Luck,
Mike
Buy Range : 0.00010500-800
Stop loss : below 0.00009900 - > rebuy at support and set it as new SL
Target 1 : 0.00018000
Target 2 : 0.00032000
Target 3 : 0.00048000
WEEKLY CHART
- Negative Volume
- Negative Sar
- Negative Moving Averages
- RSI near touched 30, which could be good for reversal but need longer confirmation
DAILY CHART
- CCI is turning into RED
- Bullish Divergency on the RSI
- Good performance on the last day
- Still below of Moving Averages
HOURLY CHART
- Sideways consolidation between trendlines
- Its being supported by EMA20/MA50
- It need to break into MA200
- It haven't break clearly Ichimoku Cloud
CONCLUSION
Ark is a really nice coin which many people has been waiting for a good breakout to the highs.
I think this coin got a very good potential and we should be on the best position to fill our bags with it.
However, since we are in bear market this coin could need more time and consolidation before rise.
Good Luck,
Mike
Trade active
Target 1 was reached ;)
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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.