xzod

ARKUSD Daily Chart. Brkout retracement. FInding new support

Largo
BITTREX:ARKUSD   None
From the last all time high at $11.42, we've seen a market pullback and effectively finding new support level.

It may retrace back to previous support line at $6.30.

I still think that is still is in a bullish pattern base on the trending line, EMA, MA daily and weekly pattern.

If you are a long term investor, current price a good entry price. Short term trader, wait for confirmation on the support level and bounce.

Potential to hit $12 and beyond by the end of this month or end february is high.





Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.