Long

ARKBTC tested major weekly MAs and is now going 3x

Updated
The Logaritmic chart gives us a clearer view on ARK trend inversion.

After fighting with all major weekly MA resistances and having conquered/retested the 100 MA, ARK will now head towards 200 MA test which sits at around 10,000 sat. This is the target for our trade.

Long term target is wedge top at 20,000 sat.

Volume has been quite big months ago and a followup is now due.

cheers,
Baked Finance

this post is for educational purposes and not financial advice. do your own research first.

Trade active
100 MA weekly has been retested once again with a quicker touch, our trade remains active and in good shape
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