ARKMUSD
AKHM has been showing great indications that it's bearish trend that started from March 2024 has possibly come to an end.
Everything I continue to mention regarding the buying or selling of this digital asset is not financial advice and I would advise you to do you own research.
Remember you can easily play this game even if you are a noob !!
Let's Dive
We'll focus on the Daily
After the 15th Apr around the 1.3802 mark I wanted to see signs that the bulls were back in the market.
(1) Towards the end of Apr beginning of May
(a)- After a strong bullish move price retraced back to a previous support mark (outlined by black line)
(b) - This movement in price (black lines) reflect a possible head and shoulder reversal pattern
(2) Bullish M pattern is displayed (high highs, higher lows)
(3) Trendline to protect price
(4) 3rd touch aligning with both trendline and support zone
This would be my entry price
Lets see How it plays out
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