Descending channel breaks with extreme volume

Broke up fromthe descending channel that we drew several weeks ago with extreme volume, retested and pushed up even more. I tried to associate this event to anything happening on the project but I couldn't. Hope you catched the signal on the daily from the UCTS! #ARK

Trade active:

Update on $ARK, price retraced to .618 fib level & bounced from EMA200. A potential bull flag could be in formation & breaking in order to restest local highs again. Volume starting to rise, RSI Rising & MACD turning.. remember to lock profits since a double top can happen #ARK