Market analysis: $ARK potential on 4H 📈
Following a strong pullback, the price is testing the demand zone, and the structure leaves room for the recovery of the upward impulse. On the 4H timeframe, signs of a potential reversal via a bullish RSI divergence are also being recorded.
Key levels for executing the scenario:
Zone of interest: $0.1338 – $0.1362
Idea invalidation level: $0.1288
Target levels: $0.1415 / $0.1475 / $0.1550
👇 Where next: to the growth targets or for a structural break? Drop your thoughts in the comments!
Not financial advice. #TechnicalAnalysis #DYOR 👇🤝
$ARK
Following a strong pullback, the price is testing the demand zone, and the structure leaves room for the recovery of the upward impulse. On the 4H timeframe, signs of a potential reversal via a bullish RSI divergence are also being recorded.
Key levels for executing the scenario:
Zone of interest: $0.1338 – $0.1362
Idea invalidation level: $0.1288
Target levels: $0.1415 / $0.1475 / $0.1550
👇 Where next: to the growth targets or for a structural break? Drop your thoughts in the comments!
Not financial advice. #TechnicalAnalysis #DYOR 👇🤝
$ARK