alpakal

ARK Looks Good on Daily Timeframe

Long
BITTREX:ARKBTC   Ark / Bitcoin
ARK has been correcting with a nice 5 wave impulse, for quite some time. It has respected the long term uptrend line pretty well. Also, on daily time frame, it has been building a rising triangle and looks like near the end of the correction. I'm still keeping my targets quite low due to btc. SL = 0.00026171, TP1 = 0.00037520, TP2 = 0.000425, TP3 = 0.00056800 (longer term). Please note this is a daily chart and the trade can take longer to develop.

Good luck,

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