daSNAKE601

ARBKF - Let's See What Happens!

OTC:ARBKF   Argo Blockchain Plc
If you've been holding since March, like someone I know, you've been pretty upset with ARBKF. It has massively underperformed compared to other miners. The IPO didn't help the price much either.

We finally broke our descending channel(green), and then found support at $1.47(red). We will retest $2.30/$2.40 so long as bitcoin keeps trucking along. We may have found an upwards support line (blue), that'll be tested with time. We are also finally above our 20 and 50 day moving average. Hopefully our 20 day crosses our 50 day soon, that's pretty bullish!

I have no major thoughts on this, I just wanted ARBKF to have some love in the Trading View Ideas section.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.