Today, we will post a quick view of ARKK
-The main bullish structure is the ascending trendline coming from MARCH 2020
-After a 33% sell-off from the ATH levels, we saw support on the ascending trendline
-From a more close perspective, the descending trendline of the sell-off has been broken, and now we are observing a corrective structure making a throwback to the broken line
-Based on that, if the price reaches the green line, we will consider that the analysis is active, and we expect bullish movements towards the next 2 levels.
-Of course, we can't be sure if this will be a short term bullish movement with a quick end or the beginning of a new bullish impulse that makes New ATH
Thanks for reading!
-The main bullish structure is the ascending trendline coming from MARCH 2020
-After a 33% sell-off from the ATH levels, we saw support on the ascending trendline
-From a more close perspective, the descending trendline of the sell-off has been broken, and now we are observing a corrective structure making a throwback to the broken line
-Based on that, if the price reaches the green line, we will consider that the analysis is active, and we expect bullish movements towards the next 2 levels.
-Of course, we can't be sure if this will be a short term bullish movement with a quick end or the beginning of a new bullish impulse that makes New ATH
Thanks for reading!
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。