Ark is great project which had ups and downs. Everyone are waiting for that 5th top to be formed, but it might be quite away from us.
My analysys is based on idea that we are still correcting after that previous "All Time High" (which might be "big 1"). When C wave will be formed, we might enter the most profitable "big wave 3".
My analysys is based on idea that we are still correcting after that previous "All Time High" (which might be "big 1"). When C wave will be formed, we might enter the most profitable "big wave 3".
We are at trendline currently and ARK need to make decision on going up or down.
If up, we can see new All Time High.
If it will go down (trendline will be broken), it can crash even to 25.000 satoshi, where major trendline is.
It's worth to mention that similiar situation was in September (Market was bearish) and it went to new ATH.
I suggest playing with stop-loss below 52.500 sat. lvl. where Cluster line is. (Well, ALWAYS invest in with stop-loss, if you're not long-termer).