AlanSantana

Ark Out Of DownTrend, Falling Wedge And Bullish Setup

Long
BINANCE:ARKBTC   Ark / Bitcoin
Ark ( ARKBTC ) has broken out of downtrend passively as well as above EMA10.

Uneventful as this chart seems, ARKBTC might be getting ready for an impulse move... Here is why:

  • New all-time low hit on the 14th May.
  • Trading volume going lower on the drop.
  • Price action going flat.
  • Now trading above EMA10.
  • MACD bullish crossover.
  • RSI uptrend.

ARKBTC is getting ready for action.
You can find all the details on the chart.

Conditions for change: If ARKBTC moves down and closes below 0.0000666 on the daily time frame, the above signals are invalidated.

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