ARK/BTC- It's about to move higher! Consolidation faze is over!

Тема в разделе "English", создана пользователем Trading Ideas, 5 окт 2019.

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    ARK/BTC- It's about to move higher! Consolidation faze is over!
    Ark / Bitcoin BINANCE:ARKBTC
    trade-crypto4ever
    RZCdP77o_mid.png
    ARK/BTC it's about to take off and generate massive profits in the coming days! After a long consolidation ( more than 2 months) ARK finally is gaining strength.

    If you take a look at the chart, you can see that the price is still in the consolidation box, but the RSI has break out that faze, which makes me believe that the price of ARK will go even higher.
    We also have a bullish MACD and a long Squeeze Momentum. After such a long Squeeze Momentum, the price will take off and move higher and higher. The price is also above 50MA and 100MA on 12h chart and above 50MA on a daily chart .
    The safer way to play this idea, is to wait for a break out and retest above the blue line, but it is your choice to play it how you want.

    This is not a financial advice, so you better make your own research and don't forget to use a Stop Loss!

    All targets and details are shared on the chart.
    If you want more Altcoins ideas, join our telegram group here: https://t.me/trade4ever2
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