ARK/USD price accumulating, possible breakout to $12
ARK price has been accumulating since the past 3 weeks around the $6 - $7 region.
The trend line has been tested at least 3 times while the counter line has formed. Squeezing the price action that I believe will poise for a breakout to the $11 - $12 region.
EMA, MA confirms ARK price is trending to the upside.
If the price bounce beyond $9.50, I expect that it will reach $11 and $12 target price.
Support zone 1 set at $6.5 - $6.8.
Suport zone 2 set at $4.50 region.
The trend line has been tested at least 3 times while the counter line has formed. Squeezing the price action that I believe will poise for a breakout to the $11 - $12 region.
EMA, MA confirms ARK price is trending to the upside.
If the price bounce beyond $9.50, I expect that it will reach $11 and $12 target price.
Support zone 1 set at $6.5 - $6.8.
Suport zone 2 set at $4.50 region.
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