WHAT'S NEXT AS $ARKM CONTINUES TO MOVE WITHIN ITS RANGE?
We have recently determined that the ARKM market structure ranges from 0.89 to 0.99. This demonstrates the conflicting interests of buyers and sellers. Sellers are following suit while purchasers continue to make a profit by moving from the closing low to the closing high. once there is less need and interest in testing a different source of assistance. Until there is another significant move, we might observe the new trading range at 0.881. We're now keeping a close eye on the state of the market, where fresh opportunities could arise. In order to satisfy further requests, the token's best chance is to maintain its support or fall just below it. You can make your own analysis to confirm where it might be falling off, as these are still presumptions of its new support. You can also look for excellent entry at levels below this minor support if you're not sure ARKM will be able to hold this support.
AFTER MAKING 156.03% PROFIT, HERE IS OUR PERSPECTIVE ON $REEF (POSSIBLE WEAKENING OF BUYING MOMENTUM)
In response to a request from Mr. Ramzan, who has been reading our blogs, we have examined the critical levels of REEF where its momentum is most likely stalling.
The prior significant support that REEF held in 2023, between 0.0013 and 0.0016, has now been revised. At its shorter timeframe, we have determined that this prior key support is now its new resistance. There are currently no indications of a sudden change in the market. We are searching for potential indications of weakness at the critical levels of 0.0016, 0.0019, and 0.0021, as well as potential high indications of weakness at 0.0025–0.003. At the crucial levels we've indicated, sellers are waiting for REEF to arrive so they can conduct significant selloffs. Many traders need to think that the token will keep rising until it is corrected in order to keep the momentum going. This is extremely improbable, though, as many people still have their doubts about this coin. Although there are brief and minor pauses, the REEF swing is still ongoing. At 0.0017 and 0.0023, we can still observe the potential for REEF to continue its potential fakeout. For this token, observation is the recommended course of action.
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.