Based on the provided technical analysis, here are some key points regarding ARK's technical indicators:
1. MACD Signal: The MACD signal for ARKUSDT is currently bullish. It has been bullish on 9 occasions within the past 7 days, and there are 4 chances (44.44%) of it remaining bullish in the next 1 hour.
2. RSI Signal: The RSI signal for ARKUSDT is currently bearish. It has shown bearish signals 37 times within the past 7 days, and there are 16 chances (43.24%) of it remaining bearish in the next 1 hour.
3. BOLL Signal: The BOLL signal for ARKUSDT is also currently bearish. It has been bearish on 9 occasions within the past 7 days, and there are 5 chances (55.56%) of it remaining bearish in the next 1 hour. The BOLL support price is $1.02403, and the resistance price is $1.34096.
4. KDJ: The KDJ indicator does not exhibit any specific pattern at the moment.
It's important to note that the accuracy of technical indicators usually improves if multiple indicators show the same signal. In this case, the MACD and BOLL indicators align in terms of a bearish signal, while the RSI indicator contradicts with a bullish signal.
Additionally, let's consider the funding analysis from Bybit. The major whale traders' position direction is bearish, indicating a higher sentiment in favor of selling rather than buying. The long/short ratio is reported as 0.44, suggesting more short positions compared to long positions.
In summary, based on the provided technical analysis, ARKUSDT currently shows mixed signals. While the MACD and BOLL indicators suggest a bearish trend, the RSI signal contradicts with a bullish trend. It's important to monitor the market sentiment and funding analysis to gain a complete understanding of ARK's current situation.
