alanmasters
Long

Ark Recovers Nicely | Long-Term Targets Mapped (230%+)

BINANCE:ARKBTC   Ark / Bitcoin
The chart for ARKBTC continues to be solid/strong.

  • Last week, when a Doji was printed, we saw a test of EMA50.
  • This week, prices tested EMA10 but quickly moved back up.

Now we have ARKBTC trading above EMA10 and EMA50 on the weekly timeframe which we call solid and strong.

  • The MACD stays above zero and the signal line; bullish .
  • The RSI is really strong above 70.

We saw Bitcoin drop over $1600 in one candle and now is trading $1000 below the recent peak, yet this altcoin pair like many others continue to recover and its price is very likely to increase.

Here we have over 230% potential mapped with mid/long-term targets... This pair can do much more in the long run.

Any trading above EMA50 and we remain strongly bullish on ARKBTC .

Thanks a lot for reading.

Namaste.
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Comments

@alanmasters any update on this trade?
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alanmasters tanishqahuja
@tanishqahuja, Done... Visit my profile.
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tanishqahuja alanmasters
@alanmasters, thanks
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Sir... Ark Upcoming MainNet is also on 31st August.
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rosstgod Fedabdn
@Fedabdn its not Ark mainnet it’s just a main net for a project built on Ark. ark had its main net for a while
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Thanks Master
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