alanmasters
Long

Ark Breaks Above Resistance | 69% Mapped + Chart Analysis

BINANCE:ARKBTC   Ark / Bitcoin
Good Wednesday my fellow cryptocurrency trader, we reached the middle of the week so we can expect the altcoins to start moving strong, let's start with Ark.

I saw this pair growing earlier and its bullish potential became pretty clear as soon as I opened the chart. If you take a closer look, notice that ARKBTC is trading above all basic EMAs and also conquered MA200, this opens the door to strong and fast growth.

The main potential scenarios are clearly marked on the chart.

Above MA200, prices can continue to grow and hit higher targets. The main target is EMA300 at 0.00004189 for 69% of gains.
If prices move below MA200, we expect a jump after the retrace. We remain bullish long-term.


Thanks a lot for reading.

Namaste.
Comment: +23% and growing... Enjoy the profits.
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