FatMoneyBagz

ARK Breakout Requirements: 4Hr Time Frame Analysis

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FatMoneyBagz 已更新   
BITTREX:ARKBTC   Ark / Bitcoin
ARK is testing its current support at at 38,800 satoshis.

If it can produce some green candles to confirm this reversal, then it will be a great entry signal. Alternatively, you could enter when it breaks 43k and ride it to 48k test (or hold for it to break)

It should test the resistance at 43k/48k.

If it can break those resistance levels, then it could continue up to 60k for Wave 3 as discussed in my previous analysis.

I will keep you all posted on the developments that I see.

I have entered a position into ARK as my largest hold. Let's hope this works out as planned!

DISCLAIMER:
Take this advice at your own risk. Good luck and happy trading everyone! :)
评论:
ARK just broke the 30min timeframe equilibrium pattern. Uptrend confirmed.

评论:
ARK looks to be attempting to break 38.8k support

As long as it can stay above KEY support of 34.6k, then there are no red flags to sell.
评论:
ARK looks to have found support at 36.5k

My 4 hour chart:

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