ARKM/USDT - SWING LONG!
ARKHAM/USDT:
OVERALL STRUCTURE:
Current Leg is Bearish, on 4hr and D
For 4 hr to be bullish it needs to flip $1.76
For D to be bullish it needs to flip: $2.17.
Current Entry: $1.49
Stoploss: 1.17
Short term targets: $1.68. If Flips $1.76 then $2.
Long term Targets: $4, $6, $7.8
Reasons to be bullish:
1. Range lows on Daily tf reclaimed.
2. Looks like a successful retest of bearish low (Hammer candle formation).
3. 4hr internal structure shift – making a Daily Pullback.
Markets will be highly volatile, Take risk at your own risk, Not a financial advice.
OVERALL STRUCTURE:
Current Leg is Bearish, on 4hr and D
For 4 hr to be bullish it needs to flip $1.76
For D to be bullish it needs to flip: $2.17.
Current Entry: $1.49
Stoploss: 1.17
Short term targets: $1.68. If Flips $1.76 then $2.
Long term Targets: $4, $6, $7.8
Reasons to be bullish:
1. Range lows on Daily tf reclaimed.
2. Looks like a successful retest of bearish low (Hammer candle formation).
3. 4hr internal structure shift – making a Daily Pullback.
Markets will be highly volatile, Take risk at your own risk, Not a financial advice.
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