Currently ARK is dipping through the trendline that it has established over the past 7 months. Much like in the previous two legs, it's retraced down to the .786 Fibonacci line around the same time that it's touching this trendline. In the past, from the lowest point before the beginning of a new leg, it has taken between 1 to 3 weeks to establish a new ATH. Should it follow this pattern and if today is the low point, we may see a new ARKBTC ATH as soon as Nov 7th. Additionally, each ATH has seen about twice the gain over the previous ATH as the previous ATH had over the previous-previous ATH. Should this pattern hold, we could see ARKBTC as high as .0023 at the next ATH (which even I have trouble believing).
Credit to @VentureCoinist on Twitter for spotting the setup.
Credit to @VentureCoinist on Twitter for spotting the setup.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.