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.
ARKBTC trade ideas
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/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
ARK Channel Strategy - THIS EVENINGARK may break the wedge soon. Watch for it. For now, you can buy low and sell high in this pretty little channel it has formed and make yourself some easy profits. Stop loss is if it heads below the channel. Working a 25% strategy, 5 minute chart and expecting some volatility. Buy low in the channel and sell if the 5 minute moving averages turn negative near the top of the channel, or at whatever point you're comfortable with.
Future trade: Some of the pro traders think this thing could break the wedge and we would see some huge gains. Watch for that, then buy on the dip to resistance at the top of the wedge. Resistance will be the wedge top once it breaks, with a stop loss below the wedge top.
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
$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.
First ChartAs we can see 0.00044891 level is a good support backed by the 23.6 fib. Volume is good, MACD is showing signs of upward movement. Our Target here are 1 and 2 as shown in the chart, risk here is very low due to the massive support at 23.6 fib.
I am new to trading and TA. Trying to learn, may be I am wrong so, feel free to point out the mistakes.
Thanks XD