$ARK - two scenarios$ARK is a machine. It just bounced off of some support, but could fall still further before rebounding again in keeping with its previous pattern. Either way the trend is onward and upward.
ARKBTC trade ideas
It doesn't look too good for ARKArk is currently testing the historical support between .640 - .650.
If it breaks we might see prices of .59 or .48 again.
ARK can go to the moon if not break the support lineNext month is a important month for ARK. If bear runs out of steam and doesn't break the support line ARK will go to the moon.
KEEP AN EYE ON IT
Noah's ARK to the rescueARK just bounced off a major trendline. That is ideally an instabuy always. Set stoplosses below the trendline but beware of whales stophunting.
ARK to the moon very soon. Drink up me hearties, yoo hoo !
$ARK resuming uptrend again?Looks like ark is resuming uptrend from correction. Support level & OrderBlock clear. still expecting a small pullback for confirmation, early entry atm.
ARKBTC - Coming up to major supportARK has hit some major support around 72k sat. The ARK price has bounced off of .786 fib multiple times as shown on the chart which indicates a strong support.
Bittrex order book is slowly building up and the RSI is showing oversold. You can also see that the waves for the RSI are getting lower and smaller at the same time.
What to look for:
- All thick red lines indicate resistance. Look for the price to hit and surpass that point.
- Look for the RSI to move up and cross the red line into the overbought territory.
- Waves for the RSI should reverse with waves going higher and higher.
This is a great entry point with a stop loss below the blue line because if there is no buy support to help the price move up, it'll dip below the blue line and next major support is around 58k sat.
Note: Don't set an exact stop loss price to sell at. It may dip below the blue for a short period since we can seen the price bounce around that area as I've indicated in the green square. Keep an eye on the order book to make sure there is enough buy support. If the green hill in the Bittrex order book is small and not rising, then it is a good time to sell.
As always, use common sense and do your own research as well and you feel comfortable with your trade decision. I'm here just showing my analysis and what I'm looking for.
I'll keep you updated.
I'm sorry Arkies, but this look like just the beggining of a dipLooks like a fine time to short ARK. This down trend seems to have just begun, and while we may see a slight dead cat bounce on the way, we are on the way to most likely 2nd fib levels after resistance is tested in the cloud at 70k satoshis.
Was a fun ride while it rallied!
Ark short term ideaThis is my first chart published so be gentle.
If nothing crazy happens with BTC and it continues it's chop, I see ark rebounding.
I think Ark is a buy around the .00074-.00075 area. The RSI on 4 hour and 1 day charts are oversold, and has bounced from this area twice before.
Let me know what you think.
Ark: upward channel needs to crack short term resistanceArk has seen a nice upward run. As often the acceleration of the upmove (taken Ark out of the upward channel on the upside) also signaled the temporary end of it. Ark fell back in to the channel, all the way to the bottem of it, where yesterday it found support (green oval).
The RSI-indicator never came close to oversold condition (not even on the 1 hour candles), meaning there is enough faith in the market Ark can overcome the drop.
Now price has to break the current resistance line (red) to take Ark back to the top of the upward channel. I wouldn't bet on new ATH's (0.0012+) soon but somewhere around 0.001 seems very possible.
ARKBTC is ready to go longThe price is on trendline, a decent bounce would help to break the down trendline.
One can buy now on trendline support with tight sl or wait till the price breaks the trendline. Please play with the SL always.
BTC ARK Possible riseStrong threshold reached, likely bounce-back coming as the positive trend gains momentum once again
Bullish trend for ArkMacd looking good on 4h chart, Rsi having room to increase, bearish trend surrpased and inverted head & shoulder at the bottom - bullish indicator.
ARKBTC - BITTREXBull flag forming on the general uptrend.
Entry point after bounce on up trend line (blue) and breakout up from the bull flag.
Looking for a strong breakout signal (above average volume, strong RSI) indicating the up trend is resuming.
