If you take a look at the chart, you can see that the price is still in the consolidation box, but the has break out that faze, which makes me believe that the price of ARK will go even higher.
We also have a and a long Squeeze Momentum. After such a long Squeeze Momentum, the price will take off and move higher and higher. The price is also above 50MA and 100MA on 12h chart and above 50MA on a .
The safer way to play this idea, is to wait for a break out and retest above the blue line, but it is your choice to play it how you want.
This is not a financial advice, so you better make your own research and don't forget to use a Stop Loss!
All targets and details are shared on the chart.
If you want more Altcoins ideas, join our telegram group here: https://t.me/trade4ever2
Xena Exchange Resident: https://xena.exchange/