ARK/BTC is showing a clear head & shoulders top reversal. expected target prices are labeled on the chart. first target is a probable support level, second target is based on pattern projection.
fundamentally this is an excellent coin (decentralized exchange), it just became a victim of hype and needs to cool off for a bit before it can make new highs.
trade at your own risk.
Kommentera
⋅
bounced off of the 2.618 fib level. due to the strong fundamentals of this coin, it may not end up reaching my labeled target prices. but we'll see.