ARKM Looks Bearish (1D)From where we placed the red arrow on the chart, it seems that ARKM has entered a correction.
This correction looks like a diametric as we are now at the end of wave D.
It can drop by maintaining the supply range.
The green range is good support.
Closing a daily candle above the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ARKMBTC
#ARKM/USDT#ARKM
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.45
We have a downtrend and the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.56
First target 1.78
Second target 1.96
Third target 2.15
#ARKM/USDT#ARKM
The price is moving within a 2-day triangle pattern, which is a retracement pattern
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 2.30
The first target is 2.90
Second goal 3.43
Third goal 3.94
#ARKM/USDT#ARKM
On the 4-hour frame we have a bearish channel that the price is trading within and it has just been broken
We have strong support that the price is committed to bouncing from
We have a higher stability moving average of 100
Entry price is 0.6050
First target 06489
The second target is 0.7075
The third goal is 0.7686
ARKM LONG SETUPOn the chart, we have a bullish CH and bullish BOS, also a trigger line has broken upwards. If the price reaches the poi range, we can enter the red box target of this symbol
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You