Ark Out Of DownTrend, Falling Wedge And Bullish Setup

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Ark (ARKBTC) has broken out of downtrend passively as well as above EMA10.

Uneventful as this chart seems, ARKBTC might be getting ready for an impulse move... Here is why:

• New all-time low hit on the 14th May.
  
• Trading volume going lower on the drop.
  
• Price action going flat.
  
• Now trading above EMA10.
  
• MACD bullish crossover.
  
• RSI uptrend.
  

ARKBTC is getting ready for action.
You can find all the details on the chart.

Conditions for change: If ARKBTC moves down and closes below 0.0000666 on the daily time frame, the above signals are invalidated.

Feel free to hit like to show your support.

Namaste.

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ملاحظة

EXPRESS YOUR FEELINGS

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Express those feelings deep within.

Namaste.