ARK
Ark turning point or more down movement? It seems like there will be some upside movement for sure and cn potentially come back down from the resistance line.
Can it break? I highly doubt it due to the Segwit2x situation and as people are going back to #Bitcoin for airdrop money.
Ark head & shoulders top reversal - 2 target pricesARK/BTC is showing a clear head & shoulders top reversal. expected target prices are labeled on the chart. first target is a probable support level, second target is based on pattern projection.
fundamentally this is an excellent coin (decentralized exchange), it just became a victim of hype and needs to cool off for a bit before it can make new highs.
trade at your own risk.
Long term prediction for ArkSeeing further downside in Ark against BTC. Historical support has been roughly 65% down from the most recent ATH. Expecting to see support around 0.000420.
ARK: Brief Consolidation Before Further UpsHigh volume on the sharp increase of price indicates that we're currently looking at further upward movements after some consolidation. Expect a few more hours of this behavior before the price attempts to break the resistance again.
Will history repeat itself for ARK?This is a super speculative forecast, I'm interested to hear the communities thoughts.
ARK has been on a tear the last month or so, and the RSI on the daily shows it. The RSI on the daily has only reached the level recently attained two other times in the record. Each time, a long drawn out corrective wave follows.
If correct, ARK will enter an accumulation phase and then start another bull run in November.
ARK/BTC Cheat AnalysisOh Arky Arky Arky.... What a horrible downtrend. Honestly, one of the most manipulated coins, next to OKCash. This coin can absolutely crush your nerves, and put you in loss after loss if you are not careful. Fortunately, I've developed a pretty sound method for making money off this dirty little ****. The trick I found is to draw a support line that is a bit above the average support on the downtrend. As you can see, I have already drawn it to show you. Now after drawing this support line, just buy underneath, and sell above at around 5-10% or when they throw the sell wall back on to manipulate it. That's it. No more guessing. Another good rule to keep in mind with Ark is that if you are near the 24 hour low, it is definitely a great time to buy, because this coin likes to bounce back after reaching new lows. However after bouncing back a bit, whales like to manipulate again after selling off their cheap ark that they purchased whilst manipulating it down.
At this time, a great buy on Ark would be around 57,500-58,000 Satoshis, sell price 60,000-62,000. Anymore and you are playing with fire. Tbh I am not hodling for the long term on Ark myself, however I know that lots of traders are hodling it long term in hopes of it pumping again. I don't really see that happening for a while, but I do see it consolidating around 55,000 satoshis especially if the whales keep manipulating it. Long as you buy under the support line of the downtrend, then you should be able to make some nice profits with Ark.
Don't be unprepared when ARK will reverse!!It seems that some of the biggest altcoins (see NEO, OMG and ARK) are correcting quite strongly.
To me, those are all awesome buying opportunity, and these are the moments when I wish I had more money to invest.
ARK went on a crazy rally from mid aug to mid september, and we all know that the steeper the rise, the harder the fall. That's the reason why correction on ARK is particularly dramatic, and that's the reason why after gains like these you should sell!
BTW, I'm talking too much. The point here is that ARK has proven to be a solid coin, remaining strong also when BTC was crashing. So, get ready to jump on the boat, as once the correction will be completed, there'll be another fancy ride.
So, given I have a capital of 100 I want to put into ARK, I'd go like this:
25 @ .618 fib retracement (54k sats)
25 @ 47k sats resistance (if reached)
50 at reversal signals (price & RSI downtrend breakout, MACD crossover)
Buy the f*ckin dip!!!
ARK: Nearing .00057000 SupportARK is nearing natural support at 57000. Expect prices to bounce towards the top of the trend line now and then push back down before the support line provides stability.
ark vs usd - elliott wave analysisLooks like we are on abc correction phase might be taking a dip for a new downtrend? What you guys think??
Falling wedge on ARKI think we see a clear falling wedge when looking at the 4 hrs RSI on Ark. I used the moving average for 21 days (dark green line) and 50 days (red thick line) to see that the moving average of the last 50 days is still to high when you compare this with the moving average of the last 21 days. Ark needs to break out soon, but only when the moving average of the last 21 days will grow to a higher average then the 50 days average. (so the green line needs to get higher than the red line) If this doesn't happen, it might go down at this moment.
Any other views? Let me know, feedback / thoughts are welcome.
ARKBTC - Short term trade availableARK can be bought against BTC at current levels with stoploss and target mentioned on the chart.
Strong horizontal support at current level along with attractive RSI levels can lead upto 0.0007650 levels.
ARK is still going downARK has seen a decrease in more than 60% from its last two rallies, and we're not quite there yet with this third one. Still some tim to get to approx. 50k satoshis, which I consider a buy zone for the next high which I am very confident will happen.
ARK Trend Change?Stoch RSI, dramatically Oversold, MACD will cross, maybe give it a few more days, also near to the under BB. 0,5 Fib Lvl givs strong support. Next Level will be 0.00087275 hopefully in the next few days to one week!
$ARK - two scenarios$ARK is a machine. It just bounced off of some support, but could fall still further before rebounding again in keeping with its previous pattern. Either way the trend is onward and upward.
ARK can go to the moon if not break the support lineNext month is a important month for ARK. If bear runs out of steam and doesn't break the support line ARK will go to the moon.
KEEP AN EYE ON IT
$ARK resuming uptrend again?Looks like ark is resuming uptrend from correction. Support level & OrderBlock clear. still expecting a small pullback for confirmation, early entry atm.
