My 4 hour call was off but I was looking at this daily chart and I just realized that ARK showed a Bullish Engulfing Candlestick Pattern - which is a signal for trend reversal.
After a downtrend, it should look to recover.
Currently, it's following these Elliot Waves and this Fibonacci Retracement.
Needs to break 48k sats to confirm wave 3.
I believe this last low is the higher low and it is in a great position to start Wave 3.
DISCLAIMER:
I'm relatively new to trading so take this advice at your own risk. Any advice/feedbacks/comments are greatly appreciated! :)
After a downtrend, it should look to recover.
Currently, it's following these Elliot Waves and this Fibonacci Retracement.
Needs to break 48k sats to confirm wave 3.
I believe this last low is the higher low and it is in a great position to start Wave 3.
DISCLAIMER:
I'm relatively new to trading so take this advice at your own risk. Any advice/feedbacks/comments are greatly appreciated! :)
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.