This is my first published idea and I am new to charting so please do not consider this investment advice.
This is a method of technical analysis developed by Brandon Kelly. check out his YouTube for more - Brandon Kelly Crypto Trader.
Chart shows ARK could go into a strong Bullish trend but may move sideways within the boxes before moving up. If it crosses the red line expect ARK to go Bearish. The fib shows potential profits within the .382 and .618 lines.
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This broke down into the red zone so its initial bullish signs where short lived, probably due to Bitcoins epic run up to almost 20K. Its that sucking sound :D