ARKBTC trade ideas
ARK/BTC "C" correction wave and prediction. Ark is great project which had ups and downs. Everyone are waiting for that 5th top to be formed, but it might be quite away from us.
My analysys is based on idea that we are still correcting after that previous "All Time High" (which might be "big 1"). When C wave will be formed, we might enter the most profitable "big wave 3".
Ark: Clear PatternsArk has been a long time hold of mine that has performed very well. After the dropping of prices across the board last week the time to buy really cheap has passed but there are many assets with strong fundamentals still relatively cheap.
Ark has a consistent pattern of a large wedge forming followed by an ascending channel and one final large breakout to an ATM. As of right now ARK is a little over half way as I see it in its ascending for this run. As such it is possible to get in now and still enjoy the rest of the ride up.
Buy: 0.0005-0.0006
Sell: 0.001-0.0025