ARKM/USDT 12/03/2024Arkam has a 4-hour imbalance below. It might fill that before reach to our targets. Or it might make the current area as support area to reach the target levels. In this scenario, it needs to break the market structure at the current level. Otherwise, it will seek lower liquidities. First, at 2.45 we need to look for the reaction at that level, if it isn't enough it will end up going 1.80 and the red box below.
ARKMUSDT trade ideas
ARKMUSDT BULLISH (Harmonic AB=CD)ARKMUSDT shows a bullish momentum as soon as it hits the LH and make new HH. Price actions also shows harmonic AB=CD with a price target going up to TP5. There is no divergence and also open interest is increasing.
***Trade Plan***
Entry @ Buy Stop
Stop Loss @ previous LL
TP1 to TP5 @ 1:5
What do you think, will it work?
Huge potential on Arkham After breaking the 0.78 usd resistance, the cup handle formation target reaches 2.17 usd. With great tokeneconomics, there will be only 14% more supply until the end of 2024, which means only 170 million circulating supply at the end of 2024, which is a great advantage for investors. NOT FINANCIAL ADVICE
ARKM Surges! Discover the Next Mega Profit OpportunityIn the latest analysis of the Arkham price on the 4-hour chart, a significant uptrend has been observed, showcasing a notable surge in closing prices. This upward trajectory is further evidenced by the exponential moving averages (EMAs) and the Moving Average Convergence Divergence (MACD), both vital indicators for traders looking to gauge market momentum and potential price movements.
The 9 EMA and 20 EMA values have shown a consistent increase, with the 9 EMA moving from $2.7485 to $2.9630 and the 20 EMA from $2.6605 to $2.7993. This indicates a bullish market sentiment, as the price remains well above both the 9 EMA and 20 EMA, suggesting a strong upward momentum. The widening gap between the 9 EMA and 20 EMA further reinforces the bullish trend, offering potential entry points for long positions.
The MACD values have also demonstrated bullish signals, with the MACD line consistently above the signal line and the histogram values increasing. The latest MACD value shows a significant rise to 0.1646, with the signal line at 0.1151 and a histogram value of 0.0494, indicating a strong buying momentum and potential for continued upward movement.
The RSI has progressed and moved into the overbought territory. While this could indicate strong bullish momentum, it also warns of a possible pullback or consolidation phase as the market may be considered overextended.
Considering the current momentum, the Arkham price faces its next major resistance level at $3.4023. A sustained break above this level could open the path for further gains. On the downside, key support levels are identified at $2.6979, $2.4141, and $2.1544. These levels could serve as potential exit points for short trades or entry points for investors looking to buy the dip.
Overall, the technical indicators for ARKM are bullish. The price action, supported by rising EMAs, a bullish MACD, and increased volumes, suggests a continuation of the uptrend. However, traders should monitor the RSI for signs of overbought conditions that could precede a short-term pullback.
For long trades, potential entry points could be identified around the 9 EMA or upon a retest of support levels, assuming bullish signals persist. Exit points, or targets, might be set near identified resistance levels or upon bearish divergence signals on the MACD or RSI.
Conversely, for short trades, potential entries might be considered if the price fails at resistance levels and shows bearish reversal patterns, with exits planned around the mentioned support levels.
#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/USDT Already Broke Out of Descending Channel| What's Next?💎Paradisers, let's dive into #ARKMUSDT, as the current market behavior presents a promising chance for a bullish rebound from its vital support zone.
💎Analyzing #Arkham's recent market performance, we witness a consistent 48% drop from its last peak. Nevertheless, its tenacity at the support level of $0.514 shows the possibility for an upward trend.
💎Despite hurdles in setting new highs or surpassing previous achievements, which has created a short-term bearish outlook, the $0.514 mark is crucial for #ARKM. This level is on the edge of sparking a significant bullish momentum upon reevaluation.
💎As proactive traders, we're always prepared with a backup plan. If #ARKM falls further from this support, we're expecting a bullish revival starting at the secondary support of $0.455. However, it's important to note, breaking this level might signal extended bearish phases.
💎Stay adaptable in your trading approach and alert with the market movements, Paradisers. Your ParadiseTeam is actively watching, ready to guide you through these market fluctuations.
ARKM/USDT Confirmed breakout for Long entryBINANCE:ARKMUSDT The 1D chart clearly shows that ARKMUSDT has closed above the bullish candlestick breack the current breack trendline. Often the price can come back to retest the trendline. Otherwise it may go higher till 0.9000$.
ARKMUSDT LONG
Leverage: 3x
Entries: $0.6048
Take profit 1: $0.6402
Take profit 2: $0.6998
Take profit 3: $0.9006
Stop Loss: $0.4785
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced.
Top Gainers : Arkham New HighARKM/USDT + 44%
Horizontal Resistance Breakout (Daily Logaritmic Chart)
About Arkham : Arkham Intelligence is a blockchain analysis platform that leverages artificial intelligence (AI) to provide valuable insights into on-chain data for various blockchain networks.
At the core of Arkham Intelligence is AI-driven technology that specializes in deanonymizing blockchain data, shedding light on complex and obscured transactions. By using advanced machine learning algorithms and data analytics techniques, the platform can identify patterns, trace fund flows, and ultimately uncover the entities behind crypto transactions, making it increasingly challenging to engage in illicit activities while maintaining anonymity.
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Investors: Binance Labs
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
ARKM/USDT Keep an eye on the key area. The price will retest?💎 ARKM has recently demonstrated significant market dynamics, breaking its all-time high (ATH) with a notable upward movement. However, a retesting phase may be imminent.
💎 The potential retest could occur at the Bullish Order Block (OB) area. If this retest is valid and the price bounces, it probability could signal further upward movement towards our target area.
💎 Conversely, if ARKM retraces to the Bullish OB area but fails to bounce, or worse, breaks down below this area, it could indicate a reversal in the upward trend. In such a scenario, the price may continue downward toward the demand area.
💎 The demand area is a crucial level, as a bounce from this zone is necessary to sustain the upward momentum. If ARKM breaks below the demand area, it may signify a shift back to a bearish trend, with the price likely to decline further.
Tech Storm - ARKMA few days ago, OpenAI launched the AIGC system SORA, which can generate complex videos from multiple angles based on given text. In the demonstration video, you can see that except for some minor flaws, the video produced by SORA is perfect in terms of character movement and picture quality. The emergence of SORA has also boosted the popularity of AI, big data and video sectors, and the tech storm is sweeping across again.
The token we share today is ARKM. Arkham is building an intelligence platform that provides information on the real-world entities and individuals behind crypto market activity. Users can customize the dashboard so that they can obtain the information they want to know. Currently, it is at the leading level among similar projects that have already issued tokens. In addition to belonging to the hot sector of big data, ARKM has received investment from Sam Altman. Yes, the Co-Founder of OpenAI. This also makes ARKM, like WLD, have OpenAI attributes.
At the daily level, the TSB indicator based on the AI algorithm prompted a BUY signal before the rise of ARKM. After that, ARKM showed a strong rise, with an increase of more than 80% so far. The current upward trend is healthy.
What a crazy thing it is to use indicators of AI algorithms to analyze tokens about AI. The sector enthusiasm brought by SORA still exists. Use the TSB indicator to establish a position before PUMP occurs to obtain maximum returns.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
ARKM Is The Next DOT - MOON CoinMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
ARKM Is The Next DOT - Its a MOON Coin
It has very good structure and price action , it reminds me of how DOT set up last Bull market .
I would not sleep on it Please watch the video for more information
MartyBoots