ARK
ARK/BTC consolidating for its next moveThe daily RSI and Stoch RSI are in symmetrical patterns. This will break one way or the other soon. A whale just bought up a large part of an order book, and the price was sold right back down to where it started. Watch for a break of this triangle. I would only enter a position on volume confirmation.
ARK READY TO POP!!!BUY AROUND $6.30 IF PRICE CLOSES OUTSIDE OF TRENDLINE.
BUY AROUND $5.70 IF PRICE PULLS BACK DOWN.
Possible LONG ARK Position (First Analysis)I'm just getting into crypto technical analysis and decided to publish it to get feedback. If you have any opinions please let me know.
Target 1 = 0.0075
Target 2 = 0.00865
Targets are based on a divergence pattern that looks to be repeating itself.
BINANCE:ARKETH
ARK UPTO 14$ARK HAS BEEN PRETTY WELL DURING THE PAST FEW MONTHS!
ARK HIT MY TARGETS TO THE T.
I EXPECT ARK TO KISS THE FIBONACCI REGION "61.8% " BEFORE MOVING TO ALL TIME HIGHS AGAIN!
I ALSO EXPECT TO SPIKE DOWN AND MEET THE 200 EMA BEFORE REVERSING UPWARDS!
WORST CASE SCENARIO WOULD BE A SPIKE DOWN TO 78% FIB AROUND THE 2.5-3.5$ REGION AND REVERSING TO ALL TIME HIGHS AGAIN
ARK / BTC - Bullish trendHello my friends,
ARK keeps showing bullish trends even during the cryptocurrency bearish trends from last days. Support zone was not broken. This is a 7 to 10 days operation.
Buy- between 0.000470 and 0.000495
Target 1: 0.00051700
Target 2: 0.00054350
Target 3: 0.00057000
Target 4: 0.00059920
Target 5: 0.00062900
Target 6: 0.00066045
Because it is a week hold i will not use a Stop-Loss. Even with BTC dip and altcoins going down, ARK will eventually rise soon or later. If you use Stop-loss, set it to 0.00042300 or 0.0004, since these are the 2 past support zones.
ARK on the way up from ascending triangleARK provides users, developers, and start-ups with innovative blockchain technologies. They aim to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases which make ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want and developers need.
I like ARK as a business model and as investment. Price is building up on nice trend line. It bounced over it one time, but failed to progress. Now we are back on trend line which I think acts as a nice support area. Volume is rising nicely, RSI is getting some support and price sits on 100 MA which acts as support. Its forming a ascending triangle pattern, which is among very bullish signs that every trader is looking for. Once we get over resistance on $8.7 we will see ARK tokens progress very fast.
POTENTIAL MOVEMENT OF + 60% FOR THE NEXT WEEK ARK/USDWe are near the support of the uptrend channel where $ARK moves.
- The MACD is in the overselling zone.
- The volume is low, which indicates little interest in the sale during the correction. Now that we see that it increases when testing the red support line, we could consider an entry.
The profit potential is very high in the short term
ARK re-breakout and long run, first target is 11.5, then 12, 18Extremely undervalued at the moment and based on the Korea FUD, the price has been suppresed, primed for a break out. Previous breakout was broken by the overall downswing in the market but now we are moving back up.