There are algos/whales in ARK trading heavily when ARK hits a Golden Ratio - this happened too many times to be a coincidence.
1) Minor Wave 4 retracing 61.8% length of Wave 3
2) Minor Wave B retracing 61.8% length of Wave A
3) Intermediate Wave (2) retracing almost 61.8% of the entire impulse move
4) Minute Wave (ii) retracing 61.8% of the length of Wave (i)
This gives ARK a monster target for Intermediate Wave (3) of 134k satoshis, at 161% extension of the length of Intermediate Wave (1).
1) Minor Wave 4 retracing 61.8% length of Wave 3
2) Minor Wave B retracing 61.8% length of Wave A
3) Intermediate Wave (2) retracing almost 61.8% of the entire impulse move
4) Minute Wave (ii) retracing 61.8% of the length of Wave (i)
This gives ARK a monster target for Intermediate Wave (3) of 134k satoshis, at 161% extension of the length of Intermediate Wave (1).
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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.