COIN NAME: $ARKM
POSITION: LONG๐
I can see on this chart for ARKM/USDT ๐ displays an Inverse Head & Shoulders pattern ๐ข, a bullish reversal signal. The left shoulder, head, and right shoulder ๐ฉ form the structure, with the support line providing price stability. The price is approaching a potential breakout point ๐ฅ above the neckline, indicating upward momentum ๐. The green arrows ๐ข suggest the upward trajectory if the breakout confirms. The support zone ensures safety for pullbacks, while red zones ๐ด above the targets represent resistance levels. This setup highlights a strong bullish sentiment ๐, with potential for significant price growth as ARKM aims for higher levels.
I can see on this chart shows Bitcoin Dominance ๐ with a rising wedge pattern ๐, a bearish indicator. The breakdown โฌ๏ธ below the wedge signals potential decline ๐ in Bitcoin's market dominance. Red arrows ๐ป highlight the breakout point, confirming the bearish trend. If the breakdown continues, altcoins ๐ช may gain dominance over Bitcoin โก, reducing its market share.
I can see on this chart shows the crypto market cap excluding BTC and ETH ๐ with a falling wedge pattern ๐, a bullish indicator. The breakout ๐ฅ above the wedge signals potential growth ๐. The orange lines ๐ถ highlight the consolidation phases, and the upward arrow โฌ๏ธ indicates a strong bullish move ahead ๐, signaling altcoin strength.
Entry Price: 1.659
Targets:
1๏ธโฃ TP1: $2.034
2๏ธโฃ TP2: $2.461
3๏ธโฃ TP3: $3.380
๐ฏ Final TP: $4.357
๐ Special Note:
โ ๏ธ Use only 1% of your portfolio ๐ผ to manage risks effectively. Avoid high leverage ๐ซ and proceed cautiously to mitigate potential losses ๐. Always prioritize risk management โ
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$ARKM
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