ARK/BTC is back on track.

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ARK fell slightly below major trendline when BTC was in a correction. But it's back above that line, and inside of a "Triangle Formation". That's a good sign for ARK holders as it can soon have a breakout from that formation and soar to new highs.

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It crossed 2 strong resistance lines, and that's a good sign.

ARKbtc3.jpg

In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).

DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and entertainment purposes only. Don follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.

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ARK/BTC is back on track. | Ecency