#ARKM IS STILL MOVING WITHIN ITS RANGE: WHAT'S NEXT?
We have just identified the ranging market structure at 0.89-0.99 of ARKM. This shows both colliding interests from sellers and buyers. As buyers continue to accomplish a successful profit taking from the closing low to the closing high, sellers are also doing the same. Once the demand diminishes and shows an interest to test another line of support. We may see the new set of trading range at 0.881 until a major move happens once again. Right now, we're continuously observing the current market scenario where new possibilities may occur. Although, biggest chance is for this token to continue holding its support or slightly below its minor support in order to meet more demands. These are still assumptions of its new support, thus, you may create your own analysis in order to verify where it would potentially be falling off. If you're doubtful as to the potential of ARKM to hold this support, you may also check the levels lower than this minor support for great entries.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
