ARK ANALYSIS (4H TF)What we have on the chart is a bearish structure.
We have had a descending CH and then descending BOS. Price is resting to make more and deeper drops.
It has the potential to create lower Ls. The targets are clear. Closing 1 daily candle above the red level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ARKUSDT trade ideas
ARK LongARK has broken out of the 4-hour trendline and is currently on the verge of breaking structure to the upside. It is anticipated that the price will retest the order block before moving further. In the short term, the price can reach up to 1.26, and the price can go over 1.6 for over a 60% move.
I already bagged ARK on spot (the first 1st projection). The second will be my futures entry
ARKUSDT - BULLISH OUTLOOKARKUSDT is displaying indications of a potential bullish reversal based on the observed price action. Here's a concise technical analysis and trade plan:
Bullish Divergence: ARKUSDT is exhibiting a bullish divergence on the 4-hour timeframe, suggesting a possible reversal in the current downtrend.
Trade Plan:
Entry: Consider entering a long position if the price reaches or surpasses $1.045. This can be executed through a Buy Stop order.
Stop Loss (SL): Set the stop loss at $0.87 to manage risk. If the closing price falls below $0.87, it may signal a potential invalidation of the bullish setup.
Take-Profit (TP): Target a take-profit at a level of $1.22
Ensure that the position size aligns with your risk tolerance.
Monitor the trade for any significant developments and adjust accordingly.
This trade plan is designed to capture a potential bullish reversal in ARKUSDT. As with any trading strategy, stay attentive to market conditions, and be ready to adapt your plan if needed. Implementing proper risk management measures is crucial.
ARK ADAM AND EVE PATTERN: CURRENTLY ON A CRITICAL KEY LEVEL In this chart of BINANCE:ARKUSDT , the coin is forming an Adam and Eve pattern looking at the historical movements, the coin is in a downtrend, and the market is indicating a bullish reversal for ARK.
Currently, the coin is on consolidation around the pattern neckline area. It is a waiting game for the coin and in order for the pattern to materialize, we need to see a convincing confirmation of a breakout on the neckline on an hourly basis.
I'll provide updates on the comment thread for more detailed technical analysis.
Stay safe and happy trading!
ARK Need more liquidity before pumpARK UPDATE: ARK did grab a lot of liquidity downside but I can see traders joining into longing it here which is not a good idea as we still have unmitigated bullish OB below on 1hr&4hrs TFโฆ. I will wait for more more liquidity to be grab at 0.965 before considering longing from thereโฆ. Donโt get induced by longing ARK here as we can see it get rejectedโฆ.. wait for the last liquidity to be grab which will mitigate the unmitigated OB belowโฆ..
Follow for more market update and trade setup
ARK target 2.72h time frame
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ARK is creating a symmetrical triangle, this is probably a continuation structure of the previous pumping wave (from 0.43 to 1.85).Therefore, there are two opportunities to open long, retesting triangle bottom or breaking above triangle, target can be set with Fibonacci Projection.
TP: 2.74 / 3.29
SL: 1.275
ARKUSDT Trade Plan Timeframe: 1HARKUSDT Trade Plan Timeframe: 1H
#Forex #ARKUSDT #TechnicalAnalysis #CryptoSignal #TradingOpportunity #Divergence #TradingSignal #TradingwithBelieve
Hey traders! ๐ Let's dive into a potential trading opportunity on the ARKUSDT pair using technical analysis. ๐
๐ Previously Bullish Trend:
Firstly, on the 1H- timeframe, we've been witnessing a Bullish trend in the ARKUSDT pair. ๐ป
๐ Trade Opportunity:
Currently, we are looking at a potential trade opportunity with a Bullish bias.
๐ Entry Price: 1.5302
๐ฏ Stop Loss Level: 1.4870
๐TP1: 1.55
๐TP2: 1.57
๐TP3: 1.58
๐TP4: 1.61
๐TP5: 1.62
๐TP6: 1.64
๐ฐ Investment Advice:
Please remember that trading carries risks, and it's essential to have a well-defined trading plan, proper risk management, and stop-loss orders in place. This analysis is for educational and informational purposes only and should not be considered as financial advice. Make sure to do your research and consider your risk tolerance before entering any trade.
Happy trading, and may the pips be in your favour! ๐๐๐ฐ #HappyTrading #ProfitOpportunity #TradeSmart #CryptoSignal #StockSignal #TradingwithBelieve
ARK โ LONG โ 31.10.2023BINANCE:ARKUSDT.P
Comment
The instrument is heading towards breaking its all-time highs. It's clear that it's not being pushed down. Although there are plenty of signals against taking a LONG position, they are offset by the lack of obvious restraining factors that would hinder the price from rising.
The only thing I'll personally wait for before opening a trade is consolidation. I want to see more accumulation before the level is breached.
Signals for level breakout
close retest of the level;
a clear zone beyond the level;
there is no reaction to a strong instrument movement;
the instrument is not allowed to decrease in price;
there is a reserve of technical ATR;
the instrument is stronger than the market
Signals against breaking the level
there is little ATR remaining;
no consolidation before the level;
quick approach to the level;
Order parameters (risk-to-reward ratio = 1 to 3)
Open : 1.1117106;
Stop loss : 1.1031576;
Take profit :1.1373696;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
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ARKUSDTARKUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is being respected by inclining trendline and has also formed bullish rectangle pattern which is also being supported by inclining trendline.
These two to gather putting strong bullish confluence for the pair.
What you guys think of this idea
ARK continue bull runThe instrument has formed a level with two approaches on good volumes, I am considering the situation for a breakdown in the long after forming a good consolidation near the 1.1529 mark, you need to be very careful since they like to put the price into the short, you can see by the shadows. Entering the breakdown on the activity in the glass and depositing in the level, the goal is to pick up the first pulse.