ARKBTC trade ideas
ARK is now in bull market modusSome strong signals here in the weekly chart. First and foremost we have a weekly candle bouncing off the the 50 day moving average after a candle bounces off the 20 week MA. ARK has been rejected off the 200 week MA without finding support since October 2017, make no mistake, this is a turning point. Support is also shown to be found on two bottoming candles. Only volume is missing.
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ARK DPOS coin. with 51 delegates.
This chart shown that the bottom. ARK historically gain up to 5 USD during season 1.
Current status
rank 155
$0.416801 USD (8.57%)
0.00002187 BTC (4.35%)
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Rank #175
Coin
On 21,139 watchlists
Ark Price (ARK)
$2.13
5.36%
0.00003749 BTC2.19%
0.000956 ETH
ARK - Conviction BuyBITTREX:ARKUSD is a Conviction Buy.
Analysis Method: Fibonacci & Wave Theory
ARK - ark.io
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Hourly Chart:
Objective: Trade Wave 3
Target: .00003582 ARKBTC
Will Update.
FMW
ARKBTC hits at support | Upto 1144% profit expectedThe priceline of ARKBTC cryptocurrency is moving within a pennant.
We have support at 0.00003019btc above the pennant support and price action has already hit at that support and now likely to gear up soon Insha Allah.
The RSI is already in oversold zone.
The MACD on week chart is turned weak bearish from strong bearish soon it will be bullish.
I have defined the targets as per Fibonacci method and the targets are as below:
1st target: 0.00019818
2nd target: 0.00025008
3rd target: 0.00030198
Final target: 0.00037586
Regards,
Atif Akbar (moon333)
ARK BTC S/R flip on historical lowThe left chart shows a Moving average ribbon and it can be seen that as the ribbon compressed in the past it was followed by an expansion and a rise in price.
The right chart shows a consolidation period with a lot of accumulation. The price has flipped the resistance level ( which was the previous historical low) and will most likely test it.
Also the On balance volume has had higher lows over the past few months further supporting the theory of accumulation.
The use of the MA (lagging indicator) along with OBV (leading indicator) is quite useful to spot possible reversals.
Sell zones : 2900 sats
Sell zones : 3400 sats
Sell zones : 4200 sats
*Note: This is not financial advise. Please do your own research.
ARK 50% PPThe move to the top of the channel is almost finish. You would have to be patient and wait for the price to retrace to the bottom of the channel (corresponding to the bottom of the kumo) to buy.
buy: 2195 - 2210
SL: 2138
TP1: 2395 - 2400 (8% profit)
TP2: 2466
TP3: 2682
TP4: 3113
TP5: 3264
TP6: 3404 (50% profit)