ARK
$ ARK, Mooning Soon...
Weekly
Looking at our highest timeframe we can see our trend looking to form a lower low after breaking through our major support zone at 30000 satoshis, Expecting price to drop towards 20000 and find support at this level. Stochastic RSI showing momentum continuing towards the downside.
Daily
Shifting over to our pattern timeframe we price has reached our 20000 support zone, momentum slowly starting to shift towards the upside. Should be seeing a bounce off this level only to reach our resistance at 30000. Expecting a retracement at 30000 down towards our major support only to form a higher low.
ARKBTC ARK is powerful in technical analysis and also fundamentally strong coin.
ARK showing good uptrend and have strong support around 0.000260-0.000270 and all Indicators are showing reversal
RSI and STOCH oversold
ARK having strong news Releasing CODE v2. This means:
1. Faster transactions output (tx per seconds)
2. Higher scalability
3. Dynamic Fees
4. Multi Core CPU’s
5. Quicker tx processing
6. Better stability
7. Multiple payment transactions
8. Smart Contract deployments
Target should be 0.00310-0.00340-0.00385-0.00423 sats
ARK, more drops are coming.ARK is losing -3.40% in the last 24 hours and its future in the short term looks quite Bearish, buyers couldnt sustain the bull momentum of the previous day and the price is sustained at this time by the Pivot S1. There is a possible short entry if the price touches the uptrend line in the short term and this touch becomes a breakout, from there we could see considerable drops.
ARK - sell or buy more?ARK at 382 fibonacci level at the bottom of descending triangle and should be watched closely, especially if you bought some before and missed your train to sel it in time =) just as me. Falling below 34500 will drown that coin (and I will sell what I have) while bouncing may give some nice profit with nearest targets at 37000 and 39400. If it gets above 355000 I will buy more.
1 day chart also shows continuation of uptrend.
Bitcoin - $7800 Here we come, or do you really like a sale?
I believe Bitcoin is still in an overall Bull Market. However as long as we stay below the 200 Day MA, I feel we are in a short term Bear condition.
BTC is about to cross the 50 Day MA to the downside, if it does, we are pretty much locked into a decline to $7800. It is from $7800 that I feel we have the first real chance to break the downtrend and move up to 10,200 then 11,600 before we have a new set of challenges to go even higher. Presently my plan is to start buying at $7800 in increments.
On the downside, if we break $7800 we might be looking at the area of the 365 day MA and or the lower ascending recovery line $5,428 in Nov 2017 touches $6001 Feb 6th and continues up to the general area of $7000 at the present time. A breakdown on the $7000 area will likely take us back to $6,000. This is for information, I do not look for these prices to be tested.
I think that the 7,800 to 7,600 area is much more likely to be the bottom of the current Bear trend.
What I hope to confer to you is, That I'm keeping my powder dry to have some cash on hand, I plan to buy on sale. Don't lose your patience and don't buy in all at once. I always plan to divide my cash into increments and buy in as the price drops with an eye on the possible areas of support I've just outlined. Then I plan to ride the elevator up to the resistance levels of 10,200 and or 11,600.
Never forget, that all the above have a direct bearing on Altcoin prices. I'm also buying Altcoins as prices fall with similar targets. Bitcoin price levels are strong indicators of the direction of Altcoin price movement, but not necessarily the magnitude of the price movement.
Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.
All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.
Wishing you success,
Isaac
A new trading opportunity to buy in Ark. Don't miss it....Technical analysis:
. ARK/DOLLAR is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (2.88 to 1.77). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (2.88)
. Ending of entry zone (1.77)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 4.05
TP2= @ 4.90
TP3= @ 5.45
TP4= @ 7.36
TP5= @ 9.13
TP6= @ 11.41
TP7= Free
A new trading opportunity to buy in Ark. Don't miss it....Technical analysis:
. ARK/DOLLAR is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (2.88 to 1.77). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (2.88)
. Ending of entry zone (1.77)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 4.05
TP2= @ 4.90
TP3= @ 5.45
TP4= @ 7.36
TP5= @ 9.13
TP6= @ 11.41
TP7= Free
ARK Watch!!!!!!! 2018I am currently in a position to grow thy BTC digits. I chose ARK because the signal finder had all indications of potential "breakout" or at least a decent up trend. Thanks to BTC Trading Challenge for the tips.
ARK is a coin that does something and blockchain, blah, blah, blah.... Stuff. I am NOT fundamental on this (OMG is a different story). ARK is just a potential to increase BTC, for me.
On the 1D the 50 day MA seems to prop it up. Thought that was worth noting. The pitchfork has it in channel to gradually grow, testing fibs and levels but I will continue to watch that 50 day MA. If anyone has any tips on other indicators to watch on this pair, it is appreciated.
ARK/BTC Breakout Trade!Here is one example to those who like FOMO
Never buy on TIP, wait when price comes down and wait till when You find it is good to buy technically!
At the moment we wait when price tips and we try to get good technical entry!
Wait breakout and buy when it retest breakout zone!
Good luck!
Trend is shifting for ARKAfter findind support of the latest demand zone, next bullish move is starting.
We are waiting for the marked area for better price to join the move
ARK vs Bitcoin Breaking HigherARK has formed a double bottom at 27k astoshis after which price started to move higher. ARK/BTC broke above the 200 Moving Average and has been consolidating between 33.4k satoshis support and 42.7k satoshis resistance for the past few weeks.
But today ARK is breaking above strong resistance that previously was acting as the support, not to mention obvious higher highs and higher lows pattern and rejection of the utptrend trendline. It seems that uptrend continuation is taking place and ARK/BTC is likely to continue to move higher.
The first resistance can be seen at 52k satoshis area, that is 50% Fibonacci retracement level. Second resistance is at 76.4% Fibs that is 65k satoshis. Both resistance levels correspond to the previous resistance levels formed back January-February. At this stage only the daily close below 30k satoshis would invalidate bullish outlook.