$ARK, Coming Back For More…
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum in favor of bears. Currently testing our 10500-11000 support zone. Possible lower low at 5000, will watch smaller timeframe for entry.
Daily
Shifting over to our pattern timeframe we see price has been consolidating between 10400 and 111500, stochastic rsi showing momentum in favor of bears. A daily close above/below either of these levels indicates our next direction. Not taking any impulsive buys until we see a close above 11150, till then we sit on our hands.
ARKBTC trade ideas
Ark Long-Mid TermARK is fulfilling Elliot Waves.
Theory suggest Wave C (correction wave) can be even more largest than Wave A. ¿Why I think this is the end of Wave C? Because we can see an accumulation at the bottom of Wave C with a range of 27%, for almost two months; this can be extended and prices can fluctuate on this range for a few days/weeks more before a bull season, that according to Fibonacci Extension , target could hit 61.8% and form a new Wave 1 and give us a juicy 200% - 300% profit.
The tiny green box show us the accumulation, finding resistance at 0.000124 and support at 0.0000911. The probability that we can see a capitulation at this point is high and healthy for markets, as we are expecting to see Bitcoin 0.42% under $5800.
We know what to do in an accumulation, our bags can be partially filled from now on.
ARK Long-Mid TermARK is fulfilling Elliot Waves .
Theory suggest Wave C (correction wave) can be even more largest than Wave A. ¿Why I think this is the end of Wave C? Because we can see an accumulation at the bottom of Wave C with a range of 27%, for almost two months; this can be extended and prices can fluctuate on this range for a few days/weeks more before a bull season, that according to Fibonacci Extension, target could hit 61.8% and form a new Wave 1 and give us a juicy 200% - 300% profit.
The tiny green box show us the accumulation, finding resistance at 0.000124 and support at 0.0000911. The probability that we can see a capitulation at this point is high and healthy for markets, as we are expecting to see Bitcoin under $5800.
We know what to do in an accumulation, our bags can be partially filled from now on.
Ark Rebound Imminent Breaking out of downward channel. Finished 5th wave + AB correction, moving upward along C out of the downward channel. Stoch RSI moving up, MACD weekyl about to cross. Weekly RSI pushing oversold but now trending up. Strong bullish divergence on the Daily. Found solid support at the expect demand zone, forming a beautiful double bottom before closing above the upper resistance line. I outlined the first three targets on the chart.
Couple these strong technicals with the fundamentals of the ARK project. This was a project that had a lot of people excited and has been around for a couple years. Hype started to die down as we waited for functionallity to be pushed out. Now the long awaited V2 update is near completion. Couple this with the SDK and ARK Pay modules being completed by EOY and we have a strong development release set up in the near future. Many projects have gone silent or died during this bear market, but the ARK team has been steadily communicating and pushing updates, without becoming deterred. ARK has a promising future and this may be the cheapest we see of it. Remember that ARK has been operating on a DPOS model successfully for a while, and that anything you buy will also earn you staking rewards.
If we see a reversal of this new uptrend, and find ourselves in a Bull trap, I also marked the lowest support level. If we fall below the double bottom, I would personally sell until we reach this lower level.
My personal opinion, not financial advice
ARK. Consider DCASame stuff as my OMG post really.
We're really getting to support.
We still have room for downside, but personally I'll be DCA this area and begin staking them :)
My plan.
Buying :
Now for 1st batch.
and 0.00002 - 0.00008 for next batch.
The upside potential is monstrous. Potential 1k%+ and all I need is patience?
I'll take it.
The team been silently working behind in the background.
All we need is a bit of hype and a happy whale.
$ARK, The Bleeding Continues…
Weekly
Looking at our trend timeframe we see price continuing to head towards the downside with no signs of slowing down. Lower high formed at our 25000 resistance, momentum not showing any signs fo slowing down. Expecting price to test our 15000 support zone, followed by a lower high and another push towards our 10000 support.
Daily
Shifting over to our pattern timeframe we see price in favor of bears with no signs of reversal, lower high formed at 23000. Momentum not showing any signs of slowing down, looking for a lower low to form near our 10000 support zone. Sitting on hands until price reaches this point or we see a daily close above 23000.
Ark - A Sleeping GiantWith a little bit more of a bullish sentiment in the market, I believe things are starting to turn around and as such, I have been toying with which alts to include in my portofolio for this next bull run. This is one alt that hit its peak last September and has been on a quiet and steady decline ever since. It was a favorite of mine that offered key tech unique to other alt projects (SmartBridges, ACES, DPoS, IPFS, ARK Virtual Machine). But with little positive price action since September 2017, I think ARK fell off a lot of people's radars, so I decided to take a look at the charts.
Ark came to crypto-space back in April 2017, which was really the ideal time to come to the market as it was the start of a lot of massive bull runs for alt coins (Ethereum and ZCash are two big ones that come to mind). By September 2017, Ark grew ~47x in value! When you come to think of it, it is no wonder that it has taken almost a year to for this alt to prime itself for the next run. Looking at the current price action, ARK has already surpassed the .786 Fib retracement mark and appears to have possibly double bottomed off a historical support line. You can see bullish divergence on the MACD and RSI indicators. In fact, the MACD has already broken the overhead resistance that has been pushing the price down since last September. I think this bullish divergence may be a hint of things to come.
If you look at the project's Roadmap (ark.io) you will see the developers decided to indicate a percentage of completion for each goal rather than set a deadline. The ARK team is not big on hype and clearly this the best way for developers to show how close they are to completing a goal rather than setting a date for release/completion and upsetting investors when that deadline is not met. While this makes it more difficult for investors to know when goals will be met (which are often reasons for price jumps), at least you know that the ARK project won't let you down with missing deadlines after pumping their near completion. Plus you are guaranteed quality work rather than rushed, shotty sh*t.
As with all projects, I suggest you do your homework, but hope I may have piqued your interest into ARK. As investors and newbies to the cryptospace, we often get caught up in all the price action and take little concern for the technology being offered. Don't be that guy (or gal). Hype does not equal adoption. Find projects that offer coins that serve a purpose and will be adopted in the long run, not just hyped. Good luck!
ARK – 516 % Earnings possibleHello Guys!
Here it is another much undervalued coin.
As you can see on the chart according to Fibonacci levels we are very low (same level as in December 2017). Same levels were observed in August 2017 before massive rally when one could earn nearly 600%.
So traders look now at Visible Range. We are below much below “fair” price and in the lower part of the Volume Area. It means 70% of all traders bought their coins over the current price. They won’t be willing to sell until they get their money back. Fair price is established at 0.00034035 BTC
What’s more we have double bottom already formed waiting for a great rally. Stay vigilant and observe the volume and price. Last time rally took us only 6 weeks so be prepared.
What’s more we have crossed MA50 which is very good sign.
On Weis Wave we can see volume rising and no supply therefore we have stronger price pressure. We need more volume to obtain such levels as in 2017 but stay patient and positive.
On MACD chart we can see positive divergence – all bulls’ crosses are higher from the previous ones ones.
So guys. This might be very interesting trade with great potential.
Observe levels such as 0.00026801 than 0.00035000 and than our first Fibonacci target 0.00043297. We have to break them all in order to break supports and obtain confirmation of the uptrend.
Fibonacci levels:
Target 1: 0.00043297
Target 2: 0.00058805
Target 3: 0.00071339
Target 4: 0.00083872
Target 5: 0.00101717
Target 6: 0.00124447
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WBM Team.
#ARK Accumulation Opportunity Ark is one of the undervalued coins in the crypto market. The 4 hours chart is showing a very good profit making opportunity which shows a bullish engulfing candle stick with a very good potential RSI indicator. If it can close above the first resistance at 23487 sats it might show us a rally towards the following resistances. Volume needed to show some improvement though.
Accumulation Zone : 22500 sats -23800 sats
Target 1 : 26241 sats
Target 2 : 28467 sats
Target 3 : 30694 sats
Target 4 : 33863 sats
Stop Loss : 18700 sats
Good Luck.
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Ark (ARKBTC) Bounces (Analysis by Request)ARK bounced from bottom on the 29th June, from there, we can spot several trend reversal signals.
- We are bullish on the RSI.
- Very strong bullish divergence on the MACD.
- STOCH on the bullish zone.
With a strong green candle today, ARK is possitioned to make some positive gains.
Resistance can be expected @ 27000 satoshis and 30,000 satoshis next.
Very strong support sits around 19,000 satoshis followed by a 17,150.
Note: This is no trade advice, this is an educational post.
Thanks a lot for reading, I always appreciate your continued support.
Namaste.
ARK revisit looking to BTFD!We have used ARK coin to make loads of great trades in the last year or so...
it got pushed right down of late and we saw the lowest price in 2018 of just $1
we can see on the ARK/BTC chart we have retraced to Demember 2017 lows
if markets gets bullish again, expect ARK to make some moves to beyond $4-5, gunna be dependant on bitcoins moves first tho
if you got ARK rememeber that u can stake it thru delegation to earn more ARK as u hodl
all best, peace up and come join us on our chat, details below