ARK
Ark, 2 ways to go, and looks like Stratis in the spring.This time, great moment to go up or down.
Personally, I bet up 70% in my viewpoint. And at the 30% of possibility, it would go down.
When seeing market capita, It seems to be top.
But many coins are locked, so regarding supply and demend theory, we should not our own psychological top area.
Hence, in the daily view, it would be great not to close trade until it brakes trendline.
***news
: Smartbridge, ACES (that could be linked to another coins, which are associated with atomic swap, lightening network and DEX.)
ARK - Be ready for new cycle.We can clearly see that after every bounce from the support line ARK has formed a new bullish cycle and new ATH. Now we are once again going downwards to the support line while moving in falling wedge. Keep your eye on these bounces inside the wedge trend lines. Targetting new ATH after we confirm bullish cycle. My guess is that ARK will reach 0.00360 this year.
ARK is also one of my top picks to add in portfolio.
prediction for ARK pricesFairly new to the cyrpto scene but here is my prediction for ARK prices. Looking at the previous patterns that the ARK market has had, I suggest ARK will continue this pattern. I had my own buy orders at around 0.0006 and 0.00050, we found support at around the 0.00045 level (even with the BTC rise). Within the given month ARK will reach somewhere between 0.0018 and 0.0024.
Please feel free to give your thoughts.
ARK BTC T-1 READY FOR LIFTOFFARK BTC IS GETTING READY FOR LIFTOFF. Los Angeles 4:08 PM.
ARK is set up for a nice run up to the Target Positions. Pick your targets carefully. Just because I lay it all out for you doesn't mean its going to hit all four targets. Macd on the 1 Day chart is about to cross over the signal line with lots of room for growth to the upside.
RSI needs to break 50 to start the run, and remain above 60+ to break resistances and hit targets.
I wouldn't wait until the price action reaches to the Target level 4 either. I would exit with profit as soon as I see signs of weakness.
Good luck on your flight~ Don't fall off the rocket ship.
ARK bouncing from supportI drew this chart about a week ago. Looking at the past few weeks, we have created a downward pennant and today we have just broke out of the pennant. We could see a trend reversal as long as the channel holds.
If this trend holds we could potentially see a decent return from this buy. However, before we break out more we should be seeing ARK going back to retest the support
ARK Manipulation Exploration - Sell Wall 10/18/2017Last night as ARK began to recover a Sell Wall was placed to force the price back down, as has been done numerous times over the past few weeks. I've captured one section of the Sell Wall in the Bittrex Order Book and have highlighted where in chart the sell wall occurred so that others can see the effects of this manipulation. I've also highlighted a previous Sell Wall reaction, though I did not capture that sell wall in the Order Book at the time.
Photo of Sell Wall on Bittrex: i.imgur.com
Once the climb began, a "whale" put down 26k ARK up for sale in the form of a Sell Wall, effectively staunching growth. The price of continued growth would be, in this Sell Wall's case, 14 BTC, or ~75,000 USD. As of now, the 24 hour volume on Bittrex is at 302 BTC, meaning this sell wall being taken down would have been attributed to nearly 5% (~4.7%) of the daily volume. Thus, a large investor is seen to be holding the price down, presumably to accumulate more themselves before they allow a "moon mission", as is typically the case with ARK, historically.
One last note: this sell wall is small, I have seen two whales come together on Bittrex and force a 100+ BTC wall when we were nearer to 60k Satoshis.