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team_USA
17 sept. 2017 19:59

Ark head & shoulders top reversal - 2 target prices Short

Ark / BitcoinBittrex

Description

ARK/BTC is showing a clear head & shoulders top reversal. expected target prices are labeled on the chart. first target is a probable support level, second target is based on pattern projection.

fundamentally this is an excellent coin (decentralized exchange), it just became a victim of hype and needs to cool off for a bit before it can make new highs.

trade at your own risk.

Commentaire

bounced off of the 2.618 fib level. due to the strong fundamentals of this coin, it may not end up reaching my labeled target prices. but we'll see.

Commentaire

headed to first target level now

Commentaire

target 1 reached

Trade fermée: cible de profit atteinte

final target reached
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