ARK / ARKUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
Arkusdollar
ARK with great potential for return in the coming periodsTechnical analysis regarding the price of ARK in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
ARK perfect accumulation patternARK literally has mucked around at the bottom for so long. Years. Now it's finally time to wake up. I'm completely and utterly bullish on the entirety of crypto and I plan to share the ideas that I have slowly over time.
Today will be ARK.
I remember back in 2017 when this thing was still a fork from STRATIS and it being one of /biz biggest meme coins, had an impressive run up back then and now, it's ready and launched.
Why do I think its ready and launched?
Perfect signs of accumulation. Absolutely picture perfect accumulation with a beautiful volume profile to show for it.
all the signs are on the chart. I'll suss price targets later with EW, but it'll basically be guessing. tbh need more data before can wave it.
HODL
ARK/USD trend reversal - Within a weekARK/USD is indicating the end of consolidation at this price level. The next price change is going to be upwards and possibly testing $0.20. Giving this trade until Jan 25th to test $0.20.
A trading opportunity to buy in ARKUSDTechnical analysis:
. ARK/Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.37116000 to 0.26149000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.37116000)
Ending of entry zone (0.26149000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.51643000
TP2= @ 0.65827000
TP3= @ 0.82500000
TP4= @ 1.19200000
TP5= @ 1.65500000
TP6= @ 2.45283000
TP7= @ 3.81600000
TP8= @ 4.91800000
TP9= Free
There is a possibility for the beginning of an uptrend in ARKUSDTechnical analysis:
. ARK/DOLLAR is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.585 to 0.469). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.585)
Ending of entry zone (0.469)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.825
TP2= @ 1.0013
TP3= @ 1.192
TP4= @ 1.655
TP5= @ 2.454
TP6= @ 3.816
TP7= @ 4.918
TP8= @ 7.586
TP9= @ 9.583
TP10= @ 11.41
TP11= Free