Quick update on my ARK chart. Accumulation played out beautifully and I think we are ready for the next move up, into the pink box. MACD look really good, all timeframes bullish and we are trading above all important MA's. Of course we have to watch what btc is doing, but I think ARK wants to run. I am expecting a pullback once the pink box is reached....
ADA looks pretty good to me on all timeframes, especially the higher ones (3D and Weekly). Volume is picking up. If this breaks the resistance around the 0.00001300 level, I expect it to run towards the pink box. I might share specific targets later on, once I have more data. We are also about to witness the first Golden Cross, since its listing on binance,...
ARK/BTC looks like it is close to finishing the accumulation phase. Right now it is struggling at resistance (red box), due to overall weakness in the market. I think we will have to wait for some relieve in BTC, in order to push through, see the signs of strength (SOS) and complete Phase D of this schematic. I am expecting this to happen over the next 1-2...