arkbtc daily... could see a push to 80k sats, especially if btc continues correcting.
For it to happen ARK must breach the big blue triangle, then will be met with resistance at the 162% fib retracement and the upper black channel trendline.
Watch rsi and lagging span closely for this uptrend to reverse.
The 262% (fib with background) and 23% fib2 (no background) look like big resistance in the event of a blowoff
Remain long with a breach out of the blue triangle.. would buy back more at 38% fib retracement (fib1 background); worried if we dip below ( and out of the blue triangle)
For it to happen ARK must breach the big blue triangle, then will be met with resistance at the 162% fib retracement and the upper black channel trendline.
Watch rsi and lagging span closely for this uptrend to reverse.
The 262% (fib with background) and 23% fib2 (no background) look like big resistance in the event of a blowoff
Remain long with a breach out of the blue triangle.. would buy back more at 38% fib retracement (fib1 background); worried if we dip below ( and out of the blue triangle)