Panjang
Daily ascending triangle on ARK/BTC.
ARK/BTC is currently within a daily ascending triangle pattern, and it has the 50 day moving average riding up alongside the rising line of support. Setup is looking pretty good overall, but the market is a bit jittery, so take that into consideration. Also, if anyone is feeling generous and would like to support me and my TA, I accept Bitcoin donations. Any donations are greatly appreciated as I am a full-time student in college and it would really go a long way in helping me out. My Bitcoin address is down below in the Signature box if you're interested! :)
Moving average guide (All daily for this post):
50 day moving average in Green.
100 day moving average in Yellow.
200 day moving average in Red.
Entry: 1540-1620 (Not ruling out another pull-back toward the rising line of support and the 50 day moving average.)
Target 1: 1750 (Top of the ascending triangle, and the flat level of resistance that has held the price down.)
Target 2: 1950 (Prior consolidation zone, which should now act as resistance.)
Target 3: 2250 (Estimated measured move of the ascending triangle break-out.)
Target 4: 2400 (Previous resistance zone.)
SL: 1490-1500 (Beware of flash crashes.)
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Moving average guide (All daily for this post):
50 day moving average in Green.
100 day moving average in Yellow.
200 day moving average in Red.
Entry: 1540-1620 (Not ruling out another pull-back toward the rising line of support and the 50 day moving average.)
Target 1: 1750 (Top of the ascending triangle, and the flat level of resistance that has held the price down.)
Target 2: 1950 (Prior consolidation zone, which should now act as resistance.)
Target 3: 2250 (Estimated measured move of the ascending triangle break-out.)
Target 4: 2400 (Previous resistance zone.)
SL: 1490-1500 (Beware of flash crashes.)
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Nota
With fib levels: Nota
Broke well past target 1 at 1750 (as it hit 1817 on a wick.) Looking good so far, I would like to see a daily close above 1750 if we can get it: Dagangan ditutup secara manual
Closing as it didn't break out like I had wanted it to. Might see a pull-back toward 1550ish.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
FTX US: ftx.us/
Sign up for Binance US here: binance.us/?ref=35000668
Sign up for Binance US here: binance.us/?ref=35000668
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.