Short
ARKUSDT short opportunity
ARKUSDT remains in the downtrend.
Both in a short-term and long-term perspective we're expecting the downtrend to continue.
Recently Binance delisted ARKBTC trading pair which is not a good sign for this project when it comes to long-term predictions.
On the lower degree the price remains under the downsloping resistance line creating lower highs. Support at $0,277 were holding pretty well, however it was tested already so many times that we expect it to break at some point.
How to trade it:
You can short rejections below the downsloping resistance line (put a stop loss above this yellow line once you enter your short) or you can wait for a price to break the support at $0,277.
Target for shorts / entry for long: $0,251
As this coin is easy to pump by whales as it's very illiquid market , don't do higher than 5x leverage.
Good luck
Both in a short-term and long-term perspective we're expecting the downtrend to continue.
Recently Binance delisted ARKBTC trading pair which is not a good sign for this project when it comes to long-term predictions.
On the lower degree the price remains under the downsloping resistance line creating lower highs. Support at $0,277 were holding pretty well, however it was tested already so many times that we expect it to break at some point.
How to trade it:
You can short rejections below the downsloping resistance line (put a stop loss above this yellow line once you enter your short) or you can wait for a price to break the support at $0,277.
Target for shorts / entry for long: $0,251
As this coin is easy to pump by whales as it's very illiquid market , don't do higher than 5x leverage.
Good luck
Transaction en cours
Support is acting as a resistance now. Expecting the price to reach the target soonTrade fermée: cible de profit atteinte
targets reached
💥 Free signals and ideas ➡ t.me/vfinvestment
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
💥 Free signals and ideas ➡ t.me/vfinvestment
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.