#Accumulatio_Recommendation
Pair : #ARK / #BTC
Trading Platform : #Binance #Bittrex
RSI : 56
TA Notes :
- MACD : Is still in a bullish mode which might actually could see a correctional lower points on the end of this first wave. Currently looking in a healthy move though.
EMA : Is below the current price indicating a short term bullish run. But volume needs to get more energy to keep the current trend of the EMA.
- Volume : Already boosted so high by the last 4 days because of the fundamental back up news on #ARK. It needs some more energy to get keep going the reversal bull trend though.
- Candle Stick is forming a bullish pattern in which it might show us a correction right after the current candle. But the close of the current candle stick will give us more indication points for a confirmation on this call.
#Accumulation_Zone : 3650 sats - 4150 sats
Distribution_Zone:
Target 1 : 4400 sats
Target 2 : 4840 sats
Target 3 : 5340 sats
Target 4 : 5750 sats
Target 5 : 6110 sats
Mid Term Targets
Target 6 : 6870 sats
Target 7 : 7950 sats
Target 8 : 9330 sats+
STOPLOSS : Close below 3130 sats
Risk : High
Capital Accumulation : 3%
@cryptotalk_et
Pair : #ARK / #BTC
Trading Platform : #Binance #Bittrex
RSI : 56
TA Notes :
- MACD : Is still in a bullish mode which might actually could see a correctional lower points on the end of this first wave. Currently looking in a healthy move though.
EMA : Is below the current price indicating a short term bullish run. But volume needs to get more energy to keep the current trend of the EMA.
- Volume : Already boosted so high by the last 4 days because of the fundamental back up news on #ARK. It needs some more energy to get keep going the reversal bull trend though.
- Candle Stick is forming a bullish pattern in which it might show us a correction right after the current candle. But the close of the current candle stick will give us more indication points for a confirmation on this call.
#Accumulation_Zone : 3650 sats - 4150 sats
Distribution_Zone:
Target 1 : 4400 sats
Target 2 : 4840 sats
Target 3 : 5340 sats
Target 4 : 5750 sats
Target 5 : 6110 sats
Mid Term Targets
Target 6 : 6870 sats
Target 7 : 7950 sats
Target 8 : 9330 sats+
STOPLOSS : Close below 3130 sats
Risk : High
Capital Accumulation : 3%
@cryptotalk_et