Looking from a daily time frame prospective, Ark is nicely following a range bound movement (as shown in the chart with two yellow lines as resistance and support) and once it has also broken upwards of the channel hitting the high of ~122k satoshis and retraced back almost 55% from the all time high. At present its sitting at a support of the from where it could possible bounce up soon. has also broke ou after hitting triple bottom whereas is also showing a convergence. Here's our trade setup for ARK/BTC :
ENTRY : 44K TO 48K SATOSHIS
STOP LOSS : 38K
TARGETS : 60K, 72K, 83K
DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE BUT THE BEST POSSIBLE PRICE FORECAST ACCORDING TO US. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ACTIONS.
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