ARKUSDT.P trade ideas
ARK/USDT Break the Descending Channel, Bullish Momentum ??💎 ARK is undeniably on our radar. Having broken out of the Descending Channel, ARK is poised for a notable upward trajectory. A prudent strategy would be to await a retest on the demand zone before making an entry.
💎 Currently, ARK faces resistance at the supply zone, but should it break through this barrier swiftly, the path to the subsequent supply and Bearish OB zones seems clear.
💎 Today's daily close showcased a bullish marubozu green candle, a strong indicator hinting at potential bullish momentum for the following day.
💎 However, caution is advised. If ARK fails to hold its ground during the demand zone retest, it might indicate a false breakout. In such a scenario, ARK could potentially lose its grip on the demand zone, steering its course towards the critical support area.
ARK doing bearish retestARK UPDATE: No point where ARK is running to as we can see. 4hrs TF is definitely bearish until ARK break above 0.5047 on 4hrs TF…. So, what I’m expecting I the imbalance at 0.4983 to be filled and take short from there to recent low…. You can all close our running trade on ARK as I will send in new limit order to trade ARK soon.
Bullish on $ARKWe just hit a new low and reacted well with clean MSS.
We are currently at discount levels
ARK H/S at OBTime to short ARK after breakdown the neckline of the head and shoulder that was created on 1hr timeframe… if you have being following me, you will know when we long ti the bearish OB and is time to short now to the bullish OB on 1hr timeframe below…. Manage your risk and follow me for more update and decent trades
ARK Head and ShoulderARK is a newly listed coin on Binance future perpetual and ithas being forming an head and shoulder pattern which clearly broke neckline already.... For me, I'm still expecting a retest of the above bearish order block before downtrend to the below bullish OB n 1hr time frame... So, for that reason i'm taking from the order shows on chart before taking short later.... Follow me to see when I take short
"Riding the #ARK Wave: Buy Low, Ride High! 🌊"Let's embark on a thrilling journey through the intricacies of ARKUSDT! 🚀 Join me as we dissect its price movements, uncover potential patterns, and reveal the hidden gems that could drive your crypto portfolio to new heights. Get ready for an in-depth analysis that's packed with insights and tailored just for you
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arkusdt 1-2 elliot wave setup price likely topped in an abc structure and came down impulsively breaking relevant support levels. price then came up in 3 waves only into the resistence level for the second wave(suggesting a corrective move to the upside). therefore it is valid to count this as a valid 1-2 setup. the relevant short area for this setup is the black fibbonacci box and the target is below the last swing low at 0.243 for the third wave.
✴️ Ark Long-Term Higher Low Opens Up 120% PotentialARK hasn't been very famous lately but somehow it ended up in my list a few weeks back... The chart looks good.
While RSR and GTC produced a lower low in June vs January, here we have a higher low.
ARKUSDT hit bottom at $0.1850 in December 2022 while the recent low, June 2023, happened at $0.2084. This is a signal of strength.
Since we are entering the "Everything Grows Phase", this pair can also move and the chart setup is good; Low risk vs high potential reward.
Namaste.
