Long
Ark breakout rejected. Preparing for new one?
ARK is currently in an interest phase.
I believe it is likely that ARK will soon try to break out of the cloud again. It will thereafter most likely test the top of the cloud as potential new support before moving up further.
My entrypoint: 0,00003382
- Succesfully tested MA100 and MA200
- Failed to break the Ichimoku cloud.
- Increasing Volume
- MACD Crossover indicating a bullish signal
I believe it is likely that ARK will soon try to break out of the cloud again. It will thereafter most likely test the top of the cloud as potential new support before moving up further.
My entrypoint: 0,00003382
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.