I am seeing this most recent price action as pretty bullish movement. On the higher time frame, yeah it looked like a bear pennant. The probability was/is definitely there. But as any experienced crypto chartist knows, Bitcoin loves pennants/flags/triangles and 9/10 times it breaks early. The flag it formed was very weak in my opinion and I feel like the price...
With a mobile wallet on the horizon, a double bottom, and bullish divergence, ARK is in the perfect position to reverse, even with this BTC correction going on.
With BTC in a panic sell and hovering around $10k, I believe ETH has a couple of trajectories. Panic selling in BTC has led to a panic sell-off almost across the board on alts. This has broken support at $450 with a low of ~$400. At this point ETH has dipped below long term support and is struggling to break back above resistance. Ultimately I believe that if $400...