ARK/BTC is trading in the red and seems heavy on the short term after the failure to reach the upside sliding parallel line. We may have a selling opportunity after a valid breakdown below the downside sliding line (SL). A first downside target will be at the warning line (wl1).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.