Ark (ARKBTC) Bounces (Analysis by Request)

ARK bounced from bottom on the 29th June, from there, we can spot several trend reversal signals.

- We are bullish on the RSI.
- Very strong bullish divergence on the MACD.
- STOCH on the bullish zone.

With a strong green candle today, ARK is possitioned to make some positive gains.

Resistance can be expected @ 27000 satoshis and 30,000 satoshis next.

Very strong support sits around 19,000 satoshis followed by a 17,150.

Note: This is no trade advice, this is an educational post.

Thanks a lot for reading, I always appreciate your continued support.

Namaste.

Comment:

You can expect a 10-20% increase in price within 48 hours... Let's see how this one goes: