MartyBoots here , I have been trading for 17 years and sharing my thoughts on ARKM.
ARKM is looking beautiful , very STRONG chart for more upside
Very similar to LUNA and FTM last ALTSeason and they exploded 400%-800% higher
Do not miss out on ARKM as this is a great opportunity
Watch videos for more details
On the daily chart, the market trend is bearish due to the breakout below the support level from October 10th, which occurred on October 25th. Today, the market is retesting that same support level, which we now consider as resistance.
1 Hour Chart:
The market has formed a double top pattern, and the neckline of this pattern has already broken to the downside. We have taken a trade on this retest.
Entry 0.3383
Sl 0.3457
Tp 0.3227
since LUNA respected the lower timeframe (5min/ 15min) it could get a major leg up once again.
here is my setup fot it.
its s 3.79 RR
cheers.
(it does not have to play out) but the possibility is there
