#ARKM/USDT#ARKM
The price is moving in a descending channel on the 4-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 1.45
We have a downtrend and the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.56
First target 1.78
Second target 1.96
Third target 2.15
Arkmusdtlong
ARKMUSDT Are We on the Verge of a Major Move or a Deeper Fall?Yello, Paradisers! Is #ARKMUSDT setting up for a major breakout, or are we heading for a significant dip? Let’s break down what’s happening with this coin and how it could play out.
💎#ARKM is losing momentum after facing a strong rejection at the key resistance level of $1.83. Now, all eyes are on the demand zone between $1.68 - $1.55. If the price holds and rebounds here, it could gather the momentum needed to retest and possibly break out above that $1.83 resistance. If successful, this would signal a return to a bullish structure, with a high probability of reaching our next target.
💎However, things could take a turn for the worse if the price fails to rebound at the $1.68 - $1.55 zone. A breakdown below this area could lead to a continuation of the downward trend, with the price potentially revisiting the Order Block (OB) at $1.35.
💎In line with previous price action, the $1.35 area has historically acted as a strong level of support, which could offer a significant rebound opportunity. But for the price to regain its upward momentum, it must reclaim the $1.68 level. Failure to do so—and worse, a breakdown below the $1.127 demand level—would confirm a bearish trend and suggest further downside potential.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
$ARKM Ignites: Are We Heading for All-Time Highs?I regret overlooking $ARKM, especially after it just fired a massive bullish signal on the monthly chart. This asset has all the indicators pointing toward a potential return to all-time highs.
From the chart analysis, a retrace to $1.33 would be fortunate, as I expect $ARKM to continue its ascent toward the initial target of $1.87. Should a full reversal occur, we could see $3.50 in the near future.
For now, let’s focus on riding this momentum. The daily trend is active, but I plan to be cautious and wait for a retrace before increasing my position. I might regret not being more aggressive, but it's the end of the week, which could lead to some selling pressure at Monday’s open.
If NYSE:FET moves, this one follows. Simple
ARKM target 2.524h time frame
-
Entry: $1.4
TP: $2.52
SL: $1.28
RR: 7.26
-
(1) Potential symmetrical structure, will go to the high at $2.52 before December
(2) Retesting the standard double bottom, which neckline is around $1.4
(3) Fibonacci projection 0.618 provide another support
(4) Target is set at Fib 2.0, which also have the resistance from previous structure
(5) Stop loss once going below $1.28
ARKM Bullish Momentum Signals Potential Trend Reversal!!Yello, Paradisers! Is #ARKMUSDT about to make its next big move? This chart is giving us strong signals that we might be witnessing a *bullish reversal*, but there are key levels to watch closely. Let’s dive in.
💎#ARKM is showing strong bullish momentum after a successful breakout from the previous pattern, even breaking the last lower high (LH). This could signal a **trend reversal** back to the upside. However, before getting too excited, we need to see a retest of the demand zone between 1.25 and 1.15. If this retest holds, we could expect a significant upward movement, with price potentially reaching the major resistance area over the next few weeks or months.
💎If ARKM fails to rebound from 1.32 and breaks below this level, we could be looking at a fake-out. In that case, the price may revisit the major support zone between 0.92 and 0.74. If this happens, it might actually present a solid buying opportunity since this level has a high probability of recovery, offering another chance for the upward trend to resume.
💎A daily candle close below 0.74 would invalidate the bullish outlook, as this breaks the previous low. If that happens, ARKM could make a new lower low, potentially leading to further downside.
Remember, Paradisers, patience and discipline are key.
MyCryptoParadise
iFeel the success🌴
ARKMUSDT BULLISH (Harmonic AB=CD)ARKMUSDT shows a bullish momentum as soon as it hits the LH and make new HH. Price actions also shows harmonic AB=CD with a price target going up to TP5. There is no divergence and also open interest is increasing.
***Trade Plan***
Entry @ Buy Stop
Stop Loss @ previous LL
TP1 to TP5 @ 1:5
What do you think, will it work?