ARKM is a fairly new altcoin that's been on my TOP alt list for some time.
The bearish M chart pattern is a pattern that signifies a large correction, especially in the macro timeframe such as the weekly. By looking at the chart, e can see the correction is nearly over since it has almost retraced ack to opening levels - almost.
Opening levels have in fact not yet been retested, and this may be a great place to stack up / re-accumulate if you're a believer.
Another ALT that's seems to be approaching a bottom is AVAX: