ARK
ARK trying to break outARK has steadily climbed right back up to it's old IPO highs at around 4.50 from .03.
We need to break this resistance to see a new leg higher.
It has consolidated since September sideways under that level until bouncing off the upward sloping trend line, a bullish sign.
The longer we consolidate under this level, the stronger the break out might be. We want to be long over a strong break out of those old highs at 4.5 on good volume and if we hit overbought on the RSI.
Long over old highs around 4.5
Stop under 4.00
Target 6.74 (161.8% retracement of September to October consolidation range)
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MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
Successful trading means proper risk sizing and trading small so you can stay in the game.
ARKUSD $3.27 SHORT TERM? Elliot Wave AnalysisConsolidation inside of a pennant pattern showing break out with a continuation of the previous bullish trend from before consolidation. Bullish RSI divergence, as well as a bullish MACD divergence on 3h/4h candles. Please note the text boxes - the wave 4-5 target are only if the wave 3 stops at 1:1 Fibonacci extension (which I marked as the sell zone for wave 3).
Ark bull flag - target level ~$4.70ARK/USD is being heavily accumulated during the flag part of this bull flag. additionally, it has incredible fundamentals (DYOR).
target level is labeled on the chart. note that this is the minimum target; FOMO tends to be strong during these kinds of movements.
ARKUSD Elliot Waves - $4.22?Price target $4.22, potentially could set up for a full retracement in the future but the price target, for now, is just $4.22.
ARK/USD Long Trends UncertainARK has been testing various trendlines in recent history. Here are a few possible patterns I see in the coming months. There is a possibility for reversal at the previously-established line, but my opinion is that it will break out of the converging lines, and go up to new heights from there. A few features from the dev team are at 98% completion, so the release will likely bring new interest that can spark a breakout
[BTFD] ARK/BTC Buy the F**king Dips! Dec breakout/mobile walletARK is an awesome platform and project, been using the wallet and start harvesting more lovely ARK tokens - its on my top 10 list for 2018
ARK has been in a collection period for a few weeks now after the ATH back in mid-September and has been bouncing off supports and resistances when volatile
if ARK breaks the red line support, expect to reach 0.00062, recorrection and then towards December, a possible ATH is on the cards
Indicators showing bullish sentiment, but of course if BTC pumps then ARK will be kept under 0.00052, if so sell at the resistance and rebuy on the bounce from 0.00035 - 0.00042 BTC
ARK has it mobile wallet very close to being released, this could be enough to break the strong resistance
ark.io
arkecosystem.github.io
Keep on buying ARK dips all the way up and this will be a very little risk:reward scenario
Happy Trades 2 all
T3:Ark expermenting with line patterns Bit to chaotic tho tried to delete as much lines as possible :D , basicaly if u zoom out u clearly see inevitable break out so i deleted lines u dont need to draw so it will be more understandable , here im tryng to check if chart will move between frame i visualized tho i sense i made technical mistakes all the way with ark and line type chart
Possible Bearish Gartley on ARKWith Bitcoin making all time highs recently, a lot of the altcoins have been taking a hit. On the daily chart, Ark has bounced from the 200 EMA, and that was the event which formed our point BC. Overall for Ark the future is bright, but once our targets get hit, i'm expecting a short opportunity, unfortunately there are not many exchanges that support margin trading for the majority of altcoins.
ARK is in the verge of breakoutARKUSD is in the verge of breakout. Breakout can be either side, but based on the trend of ARK movement from $2 to $3.3 , it would break the upside.
ARKBTC LongI have 2 views, both are long :)
1) Price is testing the resistance, it is not strong enough to push it down side.
2) Can the price break the resistance immediately ? Volume is not supporting. So I expect the price to come down to support before the next take off
or I would wait for the break out of the resistance to buy.
Is ARK future google of Cryptoccurency ?I was searching and checking all the information about this coin.
Technical analysis - there is one very strong support/ressistance which is playing big role on the chart. It is highest high which was created after lunch of the coin on the Bittrex. I marked with circles the places where pair was rejected and eventually breached. It is also Fibonacci level 23.6% and it looks like it stopped value depreciation for time being.
This token to me is something bigger then ethereum on long run. There is ton of information about ark on the web which are casting bright light on the future of this project.
...in my opinion it is very good time to buy.
It is hard to say where the target is but 31k or more is for me quite possible.
If you think I;m wrong or have some valuable information feel free to comment,
ARKA good spike in volume but not enough to get through resistance levels, false breakout? Usually, false breakouts occur right before the real breakout or reverse entirely.
MACD seems to show that it won't reverse as its turning upwards and RSI bounced from the 50 level. When the RSI passes and bounces over the 50 level it signifies an uptrend could be in the works
If you notice the momentum has been picking up as if the selling has been stopping and more buying has come in. Even though the price kept falling the momentum was steadily picking up and has now passed the midpoint. Great sign of the bears leaving and bulls coming in.
Price action is in a symmetrical triangle. All the signs point to ARK price increasing, just watch for that pop in volume and if it's to the upside it will be a bumpy ride. If it falls major support at 41k Sats. Risk to Reward 3:1
ARK, long opportunity!Stop-loss: 2.25 $
Take-Profit1: 3$
Take-Profit2: 3.25$
Take-Profit3: 4$ / Long term