ARKM bearish!!!
ARKM - 2H Timeframe
🔻 Bears in Control 🐻
😎 As previously predicted, the price continues to decline, driven by wave C of the ascending flat pattern. This corrective wave may extend further downward, and it's expected to represent wave (2)
📉 Expected Targets
The potential support zone is between 1.50 and 1.618, where we could see price stabilization before any new upward movement 🔄.
👀 If the price reaches this area, the analysis will be updated based on the latest developments.
⚠️ Important Note
Monitor for potential reversal signals and key breakouts, as they could be crucial in confirming a future upward trend
🔻 Bears in Control 🐻
😎 As previously predicted, the price continues to decline, driven by wave C of the ascending flat pattern. This corrective wave may extend further downward, and it's expected to represent wave (2)
📉 Expected Targets
The potential support zone is between 1.50 and 1.618, where we could see price stabilization before any new upward movement 🔄.
👀 If the price reaches this area, the analysis will be updated based on the latest developments.
⚠️ Important Note
Monitor for potential reversal signals and key breakouts, as they could be crucial in confirming a future upward trend
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