I'm seeing a similar pattern on a lot of my favorite alts. Hidden bullish divergence (RSI lower lows, price action higher highs), Ichimoku cloud flip, and with ARK in particular we may see an end-to-end cloud break on the daily time frame. Ark is in a clearly defined ascending triangle. I don't think this is bearish enough to be a triple top; the bulls are likely testing the resistance to break upward. The upper limit of the Ichimoku cloud fits perfectly onto the 50% retracement zone of a Fibonacci from the All-time high back in September.
1st target: 0.00070995
www.babypips.com/lea...vergence-cheat-sheet
1st target: 0.00070995
www.babypips.com/lea...vergence-cheat-sheet
Comment:
steemit-production-i...dekUkwWmxUCJwhhaqbLn
Comment:
Ascending triangle breakout to the upside :D
Trade active
Trade active:
Trade closed: target reached