ARKBTC trade ideas
ARK 100 % profit Buy opportunityARK made deep correction and bounced from the main trend line . Now is forming pattern look like flag . Stochastic RSI in oversoldness . After confirming flag pattern I guess rise to 0.5 Fibo lvl . You can buy now and get 100 % profit or buy after breaking the flag with low risk
Target 0.00068- 0.00073
$ARK - promising DPOS coin - preparing my next tradeARK is a very promising project, active team, nice concept and most importantly, DPOS coin.
You don't know what a DPOS coin is? Delegated Proof of Stake
it means, you put your ARK coins in the wallet, you vote for a delegate of your choice, and this delegate is giving you regularly more ARK coins.
If you do the math, that's around 20% passive income yearly, that you get by waiting and doing nothing...
That is what I love most about cryptocurrencies in general, this powerful DPOS concept - and this is adopted not only by ARK, but also by LSK and RISE, both coins I'm invested in.
Now about the daily chart, I believe we're done with the bottom, we broke the down trend and we're slowly going up.
we have some resistance levels but after we break them, we go into the stratosphere!
This could take some time though, however impredictible depending on the BTC price, so if you're looking to start a position in ARK like me, now is the time.
Buy the coins, put them in the wallet, vote for a delegate and enjoy the profits!
If questions, let me know.
Thanks in advance for your likes and follows.
ARK May Upwards Movement SoonThis chart looks particularly tasty. Price is touching the trend line which has served as strong support since ARK started trading in Bittrex. Oversold Stoch RSI and favorable MACD, makes me think ARK's moment will happen soon, given the position in the triangle. My personal target will be around 0.00050 sats.
ARKBTC IdeaI think ARK is one of the best projects out there and it has remained a bit under the radar. Well....no longer! Lol or at least to me it seems that is a possibility. I think the time for ARK to head back to higher levels is upon us. They have a lot of news coming out in the near future and this is a project that could easily move up quite quickly. I love the risk to reward so let's give it a shot! Trade safe!
Ark approaching long term trendline with Bullish Jaws of WealthArk has been tough for long term holders. After a huge run this summer, it has slowly trickled down. The last fat bitcoin run drove the price down and forced bagholders to capitulate. They just could not stand it anymore.
After a brief run up, Ark has done fairly well against bitcoin. However, the run past $10,000 is killing those that bought back in and you can see more dumping as they cannot take the pain.
This will create an amazing buying opportunity as the weak hands have been completely wrung out. The only ones left are dedicated long term holders and the loyal Ark holders that are staking the coin.
Not only do I expect Ark to rise, I think its set up nice for a massive run that is likely to be triggered with the release of a mobile wallet with official progress at 96% according to the roadmap progress report.
ARKBTC - December is going to be an interesting monthDecember is going to be an interesting month in the fact that the price is about to hit a major trend line (blue). Just looking at the history we can see that when the price rides along the trend line, the MACD levels off at around 0. And that is what it looks like we might see here. I'm looking for the price to ride along the trend line again and then another pump. How high the pump will be and if it'll reach new ATHs, who knows, but let's hope the pattern will continue.
Timeframe will be early to mid December.
ARK: decision time!ARK, as so many alt coins, has done a deep retracement after a major bull run (0.887) and now has broken out of this downward channel. At his point, It looks like it is an a pennant and either we will see the start of wave 3 here, or ARK might go down again towards its previous low. Looking at the RSI on the daily, it seems more likely that ARK will break out going up (towards target box). If so, we could see another big bull run for ARK since its fundamentals and the team behind it are unchanged and remain very promising.