Long
ARK - Bullish Breakout
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
It would appear that ARK got some bullish divergence on the daily and has pushed up above the 21EMA. I'd like to see it continue trading above the 21EMA for another day or two and potentially retest it before trending higher. It had a slow bleed like many other alts but it does look to be accumulated down here, therefore I think we will see a little chop in this current price area but if you are interested in this project, I suggest spreading your orders in the high 700s and mid 800s.
Stop loss at 675. Target about 1100 or 1250.
Trade safely friends!
<3 -CE-
It would appear that ARK got some bullish divergence on the daily and has pushed up above the 21EMA. I'd like to see it continue trading above the 21EMA for another day or two and potentially retest it before trending higher. It had a slow bleed like many other alts but it does look to be accumulated down here, therefore I think we will see a little chop in this current price area but if you are interested in this project, I suggest spreading your orders in the high 700s and mid 800s.
Stop loss at 675. Target about 1100 or 1250.
Trade safely friends!
<3 -CE-
CE - BitDoctor
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Beware of scams - I'll never DM you asking for funds.
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.
CE - BitDoctor
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
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.