ARKBTC
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 / 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.
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
Clear patternI am not the first one to pinpoint this pattern, there is nothing original in my post, but it is so obvious that I felt like encouraging everyone to accumulate some ARK before it moons.
Amazing coin and the delegated staking works great. They already released the Android wallet but I was expecting a stronger reaction in the price back then.
This could be the last chance to accumulate a considerable quantity that allows you to stake some nice rewards.
I missed the DASH nodes and sometimes (dreaming of course) I like to think that this is my DASH chance :)
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.
ARKBTC break out pointthis coin has so much potential
if u google it u find out how technically they are great
Elliott Wave Pattern 3x on 5th might repeat by midlate FebruaryMy take of a Elliott Wave Pattern with a repetitive short third wave and a huge fifth wave structure on the USD Price of ARK.
ARK could be in a temporary downtrend moving in the drawn channel with lows in the 5.5-6.5 USD range due to Bitcoin Price Action (fall or rise) in the upcoming weeks.
When the wait for the release of the network stabilizing and issue fixing Ark Core V2 and implementation of ACES comes to its final days a rerun of the pattern might occur.
Longterm remains Bullish as further down the road, probably during next wave 3 and 5 of the Elliott Pattern ARK releases and implements Push Button Deployable Blockchains and ARKVM which will lead to wide distribution and spiking volume.
Goal >$28 by Q2 2018.
ARK/BTC Potential Cloud Break and 150% RiseArk is making bold moves to break strong resistance. If prices close above the cloud, I expect RSI to enter the overbought region, and prices to rise in a manner similar to the movement seen a few months ago. I would estimate a price increase of about 150%.
* Please exercise caution when trading. This is not investment advice
ARKBTC - A Blockchain API (+350-550%)LONG up to 6 months for an expected 350-550% gain
- Climbing through Kumo Cloud
- Bullish MACD
- Large bull pennant
- Bullish trendline
- EMA reversal
Ark's most prominent feature set is known to be it's SmartBridge tech that enables communication and interoperability between blockchain protocols i.e. ETH with BTC and BTC with ARK - a holistic approach towards cryptos. Ark developers have the mindset of bringing together different coins and their unique features thereby increasing the utility value of ALL coins, consistently keeping the end users in mind.
Want to trigger a Eth smart contract but using BTC as the actual value exchange upon settlement? Sure.
Enable ERC20 tokens based off ETH to be able to communicate and partner with tokens off the LISK/STRATIS/NEO/ADA/EOS protocols? Sure.
The current crypto currency ecosystem is incredibly scattered and developing and advancing independently with each other with almost ZERO interoperability (Imagine if you had to manually bank transfer each of your 10,000 employees' wages based off every entry in your XERO/MYOB payroll system for the month? How cool would it if we had APIs in Blockchain? The answer is Ark.
As the utility value of cryptocurrencies (overall) increase, the value of Ark will also increase. Last chance to buy cheap.
BONUS:
DPoS Delegated Proof of Stake enables you (the stakeholder) to "vote" for a "witness" (a delegate) with your coins and ask them to stake for you meaning you don't need your machine on 24/7 to receive up to 10% ROI per year, distributed weekly and not factoring in the compounded gains - perhaps 12-15% p.a.
Their desktop wallet is the best amongst all that I've used in terms of user experience which speaks greatly again about the teams consideration for the end user.
"SmartBridge is the ability to connect and communicate between blockchains. By connecting blockchains, we can solve the great question of the last few years in the altcoin community. Which coin will replace bitcoin? The answer… none of them, and all of them. Let me explain.
With ARK’s SmartBridge Technology every coin becomes even more powerful, every app produced on any blockchain has the potential to reach a greater audience and even bitcoin can gain the functionality of every altcoin through a simple blockchain token called ARK."
- blog.ark.io
Buy on pullback IF it breaks mentioned resistance.Buy on pullback IF it breaks mentioned resistance.
Potential 70% in midterm.
Target and SL are shown on the chart
Risk/Reward: 1/2
$ARK Long Ark is looking really good to me, could be a continuation of the previous cycle where we saw a test pump and retrace before the real show starts. The MACD has reversed upward and movement has bounced off the 200 MA indicating to me it wants to continue upward.
Ark has recently released their IOS wallet and is sponsoring a bitcoin conference this month, the combination of ARKs team and progress on the development of the product makes me very bullish on ark for 2018.