Down Trend in Ark.
Descending Support Lines
Pink Trend Line is forming a possible triangle for a breakout.
RSI and MACD closing on the bottom.
First Support Line: 0.00036925 - Black Line ( If it continues on downward trend, we can find support here.)
Sell Points : 0.00046125
0.00042150 - Green Line / Resistance Line ( Previous Support Line)
0.00048875 Green Line / Resistance Line (Future Support Line)
0.00052150
Descending Support Lines
Pink Trend Line is forming a possible triangle for a breakout.
RSI and MACD closing on the bottom.
First Support Line: 0.00036925 - Black Line ( If it continues on downward trend, we can find support here.)
Sell Points : 0.00046125
0.00042150 - Green Line / Resistance Line ( Previous Support Line)
0.00048875 Green Line / Resistance Line (Future Support Line)
0.00052150
Trade active
Double Top reversed the trend, followed by bullish BTC run has put this in a downward trend.
Black Line is solid support.
Currently bouncing off pink trend line. Reversal could take place where the last red arrow is located.
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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.
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.