💎 Paradisers, #ARKM has recently undergone notable market dynamics.
💎 Currently situated around the support area, ARKM has previously demonstrated a pattern where it successfully bounced off this support, leading to significant upward movement.
💎 There's potential for ARKM to repeat this pattern, with a bounce followed by a breakout above the resistance of the falling wedge, potentially leading to a backtest of the resistance at the all-time high (ATH).
💎 However, if ARKM fails to maintain support and breaks below it, the next likely stop is the daily bullish OB.
💎 Should ARKM reach the Bullish OB area, there's significant potential for a strong bounce, given that this area has not been tested before. Reclaiming the price above the support area would be crucial for ARKM to confirm a continuation of the upward trend. Failure to do so could lead to bearish momentum and further downward movement.
💎 Currently situated around the support area, ARKM has previously demonstrated a pattern where it successfully bounced off this support, leading to significant upward movement.
💎 There's potential for ARKM to repeat this pattern, with a bounce followed by a breakout above the resistance of the falling wedge, potentially leading to a backtest of the resistance at the all-time high (ATH).
💎 However, if ARKM fails to maintain support and breaks below it, the next likely stop is the daily bullish OB.
💎 Should ARKM reach the Bullish OB area, there's significant potential for a strong bounce, given that this area has not been tested before. Reclaiming the price above the support area would be crucial for ARKM to confirm a continuation of the upward trend. Failure to do so could lead to bearish momentum and further downward movement.
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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.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.