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Arkmusdlong

#ARKM/USDT#ARKM The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.690. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 0.695 First target: 0.742 Second target: 0.798 Third target: 0.862
Long
by CryptoAnalystSignal
#ARKM/USDT#ARKM The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.612. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 0.635 First target: 0.684 Second target: 0.663 Third target: 0.684
Long
by CryptoAnalystSignal