$ARKG ARK Genomic Revolution is showing what could be a multi-year breakout pattern here.
Looking at two key levels: $32.92 and $35.51.
What's interesting is that descending wedge forming since 2022 - and we might be witnessing the early stages of a breakout right now.
Those target zones? They line up with the 50% retracement and the 0.618 fibonacci level. Both have historically acted as solid resistance areas on this chart.
Worth keeping an eye on how price action develops around these technical levels.
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rekt_but_not_broke
· 5h ago
This move by ARKG is indeed quite interesting, but it's hard to say whether it can truly break out. I've seen too many of these multi-year wedge patterns end up fizzling out.
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UnluckyLemur
· 6h ago
ARKG has really been holding back and feeling stifled these past few years, is it finally going to break out? Let's see if it can hold the 32.92 level. I'm half skeptical about the whole Fibonacci thing.
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HallucinationGrower
· 6h ago
Is ARKG really about to take off this time? Let me see... a multi-year wedge breakout, this pattern is quite interesting.
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BlockchainBard
· 6h ago
Will years of suppression finally be broken? If ARKG can really hold above 35 this time, the genomics sector might make a comeback.
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CryptoCrazyGF
· 6h ago
A multi-year breakout? I doubt it will break the $32.92 level—it still depends on the trading volume.
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WenAirdrop
· 7h ago
Wait, the descending wedge has been forming since 2022 until now? How long can this breakout hold? I'm worried it might just be another fakeout.
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quiet_lurker
· 7h ago
If ARKG really breaks out this time, then waiting two years was worth it... just worried it might be another fake-out.
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FlyingLeek
· 7h ago
ARKG has been suppressed since 2022 and now it finally seems like it can't be held back anymore? Both the Fibonacci and golden ratio lines are matching up, it doesn't feel like a coincidence... How many times has this pattern appeared before?
$ARKG ARK Genomic Revolution is showing what could be a multi-year breakout pattern here.
Looking at two key levels: $32.92 and $35.51.
What's interesting is that descending wedge forming since 2022 - and we might be witnessing the early stages of a breakout right now.
Those target zones? They line up with the 50% retracement and the 0.618 fibonacci level. Both have historically acted as solid resistance areas on this chart.
Worth keeping an eye on how price action develops around these technical levels.