Ark is making bold moves to break strong resistance. If prices close above the cloud, I expect RSI to enter the overbought region, and prices to rise in a manner similar to the movement seen a few months ago. I would estimate a price increase of about 150%.
* Please exercise caution when trading. This is not investment advice
* Please exercise caution when trading. This is not investment advice
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It looks like the price failed to close above the cloud. Keep a close eye on this one though, as a breakthrough may still occur sometime soon