The priceline of ARKBTC cryptocurrency is moving within a pennant.
We have support at 0.00003019btc above the pennant support and price action has already hit at that support and now likely to gear up soon Insha Allah.
The RSI is already in oversold zone.
The MACD on week chart is turned weak bearish from strong bearish soon it will be bullish.
I have defined the targets as per Fibonacci method and the targets are as below:
1st target: 0.00019818
2nd target: 0.00025008
3rd target: 0.00030198
Final target: 0.00037586
Regards,
Atif Akbar (moon333)