ARK perfect accumulation patternARK literally has mucked around at the bottom for so long. Years. Now it's finally time to wake up. I'm completely and utterly bullish on the entirety of crypto and I plan to share the ideas that I have slowly over time.
Today will be ARK.
I remember back in 2017 when this thing was still a fork from STRATIS and it being one of /biz biggest meme coins, had an impressive run up back then and now, it's ready and launched.
Why do I think its ready and launched?
Perfect signs of accumulation. Absolutely picture perfect accumulation with a beautiful volume profile to show for it.
all the signs are on the chart. I'll suss price targets later with EW, but it'll basically be guessing. tbh need more data before can wave it.
HODL
Arkusdt
Ark (ARK) - September 12Hello?
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The area below the 0.34815620 point is the section that formed the bottom as a mid- to long-term investment area.
Therefore, you need to make sure you can get the support at the 0.34815620 point.
We believe that further gains can be expected if the bottom line is formed, but only supported by the uptrend line (1).
By touching the uptrend line (2), I think you showed your willingness to rise.
Accordingly, it remains to be seen if it can rise above the uptrend line (2) and above the downtrend line (3) around September 30, with support above the 0.34815620 point.
You should also check if you can get support at point 0.44963448.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
ARK/BTC (Testing Key Support Area)💎Technical Analysis Summary💎
BINANCE: ARKBTC
-ARK is now testing key support area around 2600-2400 sat
-This region is a confluence of previous resistance and support
-What ARK needs to do and try to form a base of support
-Wait for any reversal patterns like Double Bottom
-RSI divergence can give an early signal of weakening selling pressure
-This is the 1st test, so we need to wait for further developments
-Please do not rush into trade, perfect trading opportunity will always come
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Not Financial Advice
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ARK/BTC (Back at Key support)ARK/BTC
-This coin has dropped almost -40% from the high at 5449 sat
-The price has retraced from previous resistance zone
-This area is confluence of the last Fib support which is .786
-if current price market will hold for the next 2-3 days
-There is a chance a temporary bottom will be set around this area
-A rebound back to the 4000 sat is also possible
-Please observe the market carefully as the BTC volatility is back
ARK - Bullish Price Action Pushes Through Key Resistance AreasARK's price action this past week against BTC has been very bullish. Since breaking above the daily MA200 in May, the price hasn't looked back. It also broke above two key trends in green and blue which have kept the price at bay for a year now. If the price can manage to stay above support, ARK may be poised for some very big gains.
ARK/BTC (Hits Weekly Resistance)ARK/BTC
-the price reached the weekly resistance area
-and currently facing a profit-taking action
-cross ultimate indicator signal Buy priority last May 22nd
-I do not recommend to buy at this stage
-wait for the price to consolidate
-look for reversal sign that the trend will continue up
-good levels to watch is between 3500s-3200s
ARK/BTC (Bullish Weekly Pattern?)ARK/BTC
-it is quite looking bullish weekly candle
-the price is had cross above the neckline resistance
-including the weekly 50ma
-this is a good sign of trend change
-if the candle closes green
-it will signal a confirmation breakout
-the upside target is up to 4100s or higher
-stoploss is placed under 50 week MA
Don't Fall for this Pump 'n Dump Scheme on ARKARK/BTC Has seen multiple crazy pumps in the recent history, and it never ended well. The price just came completely down again after reaching the top directly after a massive pump. I don't see any reason why this time it will be any different.
This is more a warning than anything else, don't FOMO buy into these assets after you missed out on the pump.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
#ARKUSDT🔔 Exchange: Okex🔔
#ARKUSDT
Signal Type: short term
Trade Type: long position
Range open trade: 0.194-0.193
Amount: 5% from deposit
Target:
1: 0.207
2: 0.226
Stop area: below 0.19
ARK/USD trend reversal - Within a weekARK/USD is indicating the end of consolidation at this price level. The next price change is going to be upwards and possibly testing $0.20. Giving this trade until Jan 25th to test $0.20.
ARK/USD- Price in the .618 golden zoneWe had a nice pump out of a falling wedge that has been forming for a very long time
Since then price has retraced and may seem like a dump at first, but if you use FIBS and look more
closely we can see that price has retraced to exactly the .618 fibonacci zone (golden zone) and has
already started to hold support here.
If this holds we could easily go higher then where this previous pump has peaked.
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ARK Elliot Wave Cycle and Bear Market CompletedThe first Elliot wave that brought ARK from pennies all the way to ~$12 seems to have been completed.
My subway count leads me to believe that this ABC pattern is valid.
This weekly candle finishes in a few hours and looks very likely to finish off strong.
We also have a very strong break out of the smaller downwards wedge pattern.
This could lead us to eventually break out of the larger wedge pattern which could take us well past
the previous high of $12 over the next few years!
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$ARK Elliot Wave AnalysisThis post mostly focuses on the subwaves of the ABC corrective wave
the 12345 for the A wave is shown
the ABC that makes up the B wave is shown
and the 12345 that makes up the C wave is also shown
let me know if you guys believe that this is correct!
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In the RED SEA of CRYPTO can the ARK FLOAT?BTC going up, alts are selling and moving into BTC
ALTS are losing momentum and market cap
BTC dominance going up and ALTS dominance DOWN! but until when?
ARKBTC can and possible go down to the price where it started after the initial 1st day drop back in early 2017
Rank to buy; betwen 0.0000265 - 0.0000349
Only for entertaining purposes
WHAT IS YOUR OPINION?
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ARK - Looking like a big buyARK's daily chart is looking very good. It's got a nice rounded bottom on strong support. Bullish divergence can be seen on the MACD and it's approaching the zero-line. The price may bounce between these pink and white trends. However, once it breaks the overhead resistance in white, I think the price could really fly.