#ARK STUMBLES UPON ITS NEWLY ESTABLISHED MAJOR RESISTANCE: WHAT'S NEXT?
ARK has been moving below the previous major support which is now considered to be a newly established resistance for 2 months now. This signifies a heightened interest of sellers to bring down the prices for discount. Although, with the current overall crypto market sentiment going extremely bullish. The response of ARK has also exceeded sellers' expectations. Now, the matter in hand is the fact that it faces potential rejection from here or a possible shakeout. Thus, with an increase of 70.60%, there is a tendency for ARK to maybe continue testing the resistance before doing another price action. It would be best to wait for the next reaction before making any trading decisions from this key level.
Stay wise, trade cautiously.
@GAINERSPACK tg
#GAINERSPACK #EARNINGDAILY
#ARK STUMBLES UPON ITS NEWLY ESTABLISHED MAJOR RESISTANCE: WHAT'S NEXT?
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