$ ARK, Mooning Soon...
Weekly
Looking at our highest timeframe we can see our trend looking to form a lower low after breaking through our major support zone at 30000 satoshis, Expecting price to drop towards 20000 and find support at this level. Stochastic RSI showing momentum continuing towards the downside.
Daily
Shifting over to our pattern timeframe we price has reached our 20000 support zone, momentum slowly starting to shift towards the upside. Should be seeing a bounce off this level only to reach our resistance at 30000. Expecting a retracement at 30000 down towards our major support only to form a higher low.
ARKBTC trade ideas
ARKBTC ARK is powerful in technical analysis and also fundamentally strong coin.
ARK showing good uptrend and have strong support around 0.000260-0.000270 and all Indicators are showing reversal
RSI and STOCH oversold
ARK having strong news Releasing CODE v2. This means:
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2. Higher scalability
3. Dynamic Fees
4. Multi Core CPU’s
5. Quicker tx processing
6. Better stability
7. Multiple payment transactions
8. Smart Contract deployments
Target should be 0.00310-0.00340-0.00385-0.00423 sats
ARK/BTC short below the SLARK/BTC is trading in the red and seems heavy on the short term after the failure to reach the upside sliding parallel line. We may have a selling opportunity after a valid breakdown below the downside sliding line (SL). A first downside target will be at the warning line (wl1).
ARK/BTCARK is touching bottom support line. If it hold itself above it, we can assume most profitable wave 3.
Biggest resistance would be triangle upper line.
Always play with stop-loss.
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DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and entertainment purposes only.
ARK - sell or buy more?ARK at 382 fibonacci level at the bottom of descending triangle and should be watched closely, especially if you bought some before and missed your train to sel it in time =) just as me. Falling below 34500 will drown that coin (and I will sell what I have) while bouncing may give some nice profit with nearest targets at 37000 and 39400. If it gets above 355000 I will buy more.
1 day chart also shows continuation of uptrend.
ARK Watch!!!!!!! 2018I am currently in a position to grow thy BTC digits. I chose ARK because the signal finder had all indications of potential "breakout" or at least a decent up trend. Thanks to BTC Trading Challenge for the tips.
ARK is a coin that does something and blockchain, blah, blah, blah.... Stuff. I am NOT fundamental on this (OMG is a different story). ARK is just a potential to increase BTC, for me.
On the 1D the 50 day MA seems to prop it up. Thought that was worth noting. The pitchfork has it in channel to gradually grow, testing fibs and levels but I will continue to watch that 50 day MA. If anyone has any tips on other indicators to watch on this pair, it is appreciated.
ARK/BTC Breakout Trade!Here is one example to those who like FOMO
Never buy on TIP, wait when price comes down and wait till when You find it is good to buy technically!
At the moment we wait when price tips and we try to get good technical entry!
Wait breakout and buy when it retest breakout zone!
Good luck!
ARK vs Bitcoin Breaking HigherARK has formed a double bottom at 27k astoshis after which price started to move higher. ARK/BTC broke above the 200 Moving Average and has been consolidating between 33.4k satoshis support and 42.7k satoshis resistance for the past few weeks.
But today ARK is breaking above strong resistance that previously was acting as the support, not to mention obvious higher highs and higher lows pattern and rejection of the utptrend trendline. It seems that uptrend continuation is taking place and ARK/BTC is likely to continue to move higher.
The first resistance can be seen at 52k satoshis area, that is 50% Fibonacci retracement level. Second resistance is at 76.4% Fibs that is 65k satoshis. Both resistance levels correspond to the previous resistance levels formed back January-February. At this stage only the daily close below 30k satoshis would invalidate bullish outlook.
#ARk/ #BTC | ARKBTC tringle pattern long #ARk/ #BTC
it broke out of the triangle.
Trade summary :
AGRESSIVE BUY : 0.00041
Safe BUY : 0.00038
SELL Target3 : 0.000064
SELL Target2: 0.00076
SELL Target3: 0.001
Stop loss: 0.0019
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