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ARK

ARK price at strong liquidity zone, where next ?Ark is one of the few coins that has shown growth today. Would we buy it now - no, and here's why: 1. The ARKUSDT price has entered a powerful liquidity zone, where longs were recently taken, with the idea that the pump will continue. And now, there is a good chance that the sales portion will increase in the range of $0.90-1.15. 2. The Double Bottom pattern has almost reached its maximum growth. There's not much left to $1.35. 3. After the pump in the fall of 2023, the price of ARKUSDT corrected by -66%, which may have been the bottom. But as practice shows, after a pump, altos can and do correct by -70-80%. So, in our opinion, from the current ARK price ratio of a possible +40% increase and a possible -50% drop is not the best. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
ARK SHORT SETUPIt has a bearish structure, but we have a bullish CH on the chart and no new L in the last wave. I have specified the range of supply and also the support area of ​​swap. We expect to move from supply to swap range. I also specified the invalidation level on the chart. Closing a 4-hour candle above this level will trigger analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
GAS/USDT Could GAS Break the resistance?? Or back to rejected.💎 ARK's recent market activities have caught considerable attention. ARK has shown resilience by rebounding perfectly upon reaching a crucial support level. Now, ARK is facing a significant resistance area while it traverses a broadening wedge pattern. 💎 A successful breakout through this resistance and the pattern's upper boundary could propel ARK into a substantial upward trajectory, probability making it straightforward to achieve our targeted Bearish OB area. 💎 However, should ARK struggle to surpass this resistance and face rejection, there's a strong possibility that the price could revert to a downward trend, leading back towards the key support area. This could be an opportunity for ARK to gather momentum for another attempt at breaking the resistance. 💎 In the scenario where ARK revisits the key support area, it's critical for the price to show a strong bounce. Failing to do so, and instead breaking down below this support level, could signal a continuation of the bearish trend and potentially lead to further downward movement.
by MyCryptoParadise
1
08/01/24 Weekly outlookLast weeks high: $45912.61 Last weeks low: $43426.20 Midpoint: $40939.80 It's ETF decision week! ARK invests application for a BTC ETF has a deadline of January 10th (Wednesday) to either approve or deny registration. At the end of last week we started to see much of the market prepare for this news event as altcoin liquidity moved into BTC or cash ready to be deployed on the result of the decision. We know this as altcoins bled against bitcoin quite dramatically, some alts falling as much as 30% from their recent local highs. For this weeks outlook all eyes are on the SEC for their decision. The general sentiment is there will be a large single candle on approval towards 50K, with a sell off after. History has shown a 30% drop in a bull market is a healthy correction which would see us revisit the mid 30K area before the build up to the halving. It is worth noting that just because that seems to be the most common theory it doesn't always work out that way and especially if on the off chance the ETF is denied, panic will descend on the market aggressively so be careful. Volatility is definitely on the cards this week that is for certain.
INDEX:BTCUSD
by ProR35
ARK ANALYSIS (4H TF)What we have on the chart is a bearish structure. We have had a descending CH and then descending BOS. Price is resting to make more and deeper drops. It has the potential to create lower Ls. The targets are clear. Closing 1 daily candle above the red level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
PINS EARNINGS PLAY (BEAR BULL)Here's my PINS chart, I tried to label everything, but if you're bearish, you're looking at $22 post earnings, if you're bullish you're probably looking at $29-$32, if it does manage to push $37, it's going to be quick in the AH and you won't have time to sell calls the next day. Personally, after seeing FB/META along with Elon's recent tweet about ad revenue and Twitter users, I think PINS is an obvious choice to see a nice run-up followed by a crash. I like the price 26.11 and I like that price on Monday Pre-Market, I think it heads up to $29 before close and hits $32 in the AH, before heading down to $27.
NYSE:PINS
by nicktussing77
5
ARK ADAM AND EVE PATTERN: CURRENTLY ON A CRITICAL KEY LEVEL In this chart of BINANCE:ARKUSDT , the coin is forming an Adam and Eve pattern looking at the historical movements, the coin is in a downtrend, and the market is indicating a bullish reversal for ARK. Currently, the coin is on consolidation around the pattern neckline area. It is a waiting game for the coin and in order for the pattern to materialize, we need to see a convincing confirmation of a breakout on the neckline on an hourly basis. I'll provide updates on the comment thread for more detailed technical analysis. Stay safe and happy trading!
Long
by luigi360swirl
4
ARK Need more liquidity before pumpARK UPDATE: ARK did grab a lot of liquidity downside but I can see traders joining into longing it here which is not a good idea as we still have unmitigated bullish OB below on 1hr&4hrs TF…. I will wait for more more liquidity to be grab at 0.965 before considering longing from there…. Don’t get induced by longing ARK here as we can see it get rejected….. wait for the last liquidity to be grab which will mitigate the unmitigated OB below….. Follow for more market update and trade setup
Long
by MICHELXM
2
ZRX FORMING A RISING WEDGE BINANCE:ZRXUSDT is forming a rising wedge, or a bearish wedge potentially could see a reversal from a day trading standpoint. In my technical analysis, the price has reached an essential key resistance level of $0.2720 or the .618 Fib retracement as shown in the chart below on a daily timeframe. RSI indicator is showing a bearish divergence wherein it forms a lower high and the price forms a higher high. Currently the price forms another higher high, the next resistance would be at $0.2967 if the price would push upwards based on the Fib retracement extension of 2.236. I could determine the next trendline as valid utilizing the back test process. If you're looking to trade this coin NOW, use this diagonal support as guide. It also formed divergence as well. If a breakdown confirmation happens, set partial take profits on the common support lines. I will try to update on that :) Always PLAN your trades and happy Halloween 🎃
Short
by luigi360swirl
CFX CRITICAL RESISTANCE LINE AND RISING WEDGEIn this logarithmic chart of BINANCE:CFXUSDT is the near yearly resistance line of the coin. I started to assess this trendline after its pump last week and price consolidation has been observed near on the resistance. Also, sharing this rising wedge pattern below that could be a sign of rejection of the pump and reversal of the uptrend. Presented in yellow arrow line is the bearish divergence from my indicator, RSCD (RSI MACD) forming a lower high and the price forms a higher high. The diagonal support line is also presented. In my view, breakdown can happen but to the point of forming another diagonal support since there would be people who would still want to buy from the pump. But if not, I plotted the potential support lines by using Fibonacci retracement. The coin could enter a reversal but if in case it regains a momentum to breakout on the wedge. I would consider these two potential resistance lines. (1) Currently, the coin has touched the 0.5 resistance level multiple times as it tries to touch again and possibly breakout. With that, consider the 0.618 Fib level. (2) I would also consider the .382 Fib level from its higher high on the daily timeframe. Backtesting this trendline had some events of being a critical trendlines (support and resistance) of the price movement. Overall, based on the structure above, we will see BINANCE:CFXUSDT rejected past the long trendline with a rising wedge pattern on its current movement, favoring a bearish trend. Always PLAN your trades. Happy trading!
Short
by luigi360swirl
Ark/USDT May Follow a Path Similar to PolyX 📉 🕐 Ark/USDT - Daily Timeframe Following a strong breakout, the Ark price has seen a steady ascent. However, it's crucial to remain vigilant as a correction may be on the horizon. 📈🔍 📊 I've pinpointed potential targets on the chart, and I'm anticipating a significant 30-50% drop in the Ark price in the near future. 📉💥 📚 Remember, this is my perspective, and it's essential to conduct your own research. This isn't financial advice. 📝💼
Short
by Crypto-By-Ghazi
ARK/USDT In the crucial area, Need Bouncing or Lost the demand💎 ARK is undeniably on our radar. After breaking free from the descending channel pattern, ARK surged upwards, only to face a setback at the Bearish OB zone. This led ARK to retreat to the demand region for a potential retest. 💎 Should ARK demonstrate resilience in this zone, marked by a series of bullish candle rejections, there's a likelihood of it rebounding to challenge the Strong Supply area. 💎 However, if ARK fails to hold its ground within this region, it might slip below the demand zone, steering its trajectory towards the Critical support area.
by MyCryptoParadise
ARK/USDT Break the Descending Channel, Bullish Momentum ??💎 ARK is undeniably on our radar. Having broken out of the Descending Channel, ARK is poised for a notable upward trajectory. A prudent strategy would be to await a retest on the demand zone before making an entry. 💎 Currently, ARK faces resistance at the supply zone, but should it break through this barrier swiftly, the path to the subsequent supply and Bearish OB zones seems clear. 💎 Today's daily close showcased a bullish marubozu green candle, a strong indicator hinting at potential bullish momentum for the following day. 💎 However, caution is advised. If ARK fails to hold its ground during the demand zone retest, it might indicate a false breakout. In such a scenario, ARK could potentially lose its grip on the demand zone, steering its course towards the critical support area.
by MyCryptoParadise_Nathan
10