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Ark / Bitcoin

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ARKBTC trade ideas

ARK upwards potentialARK has been a very longterm hold for me. They have a very good dev team and strong fundamentals, I suggest to do some research if you are unfamiliar with ARK. During the alt cycle in December, many alts reached new ATHs. However, ARK failed to do so. Looking at its previous bullrun, I feel like we have only seen the beginning of new cycle in the last few months and there is still a lot of upwards potential. I have indicated a potential reversal area, which we are almost reaching . This area has previousy worked as support/resistantance. If BTC is not moving, I will try to pick up some extra ARK in this area.
Long
by heiders
ARKBTC - Will the cycle repeat?Dear traders and investors, I've been on long 4-5 week break after not taking any for 3 years. Though it was unfortunate that whilst I was away (in China), Cryptos went through an agonising correction to which I was unable to react. With that being said, I'm confident in the long term fundamentals of blockchain technology and will take the volatility into consideration. Now - ARKBTC. Love buying DPoS/Staking coins for a low price, for compounded gains from staking + capital appreciation over time. ARKBTC is one of those consistent cyclical patterns that are easy to spot and have great risk/return ratios. Judging from the current macro sentiment in alts, though most are more bullish, it's very likely that we may be in an alt bull trap in the sense that BTC volatility (up or down) may return and cause another dip. Scenarios: BULL - If the price action breaks and hold 200EMA with conviction, than I'm still okay because of my long term staking position in ARK. BEAR - If it falls back down to my ideal entry point, then I will load up heavy bags. NEUTRAL - 15% compounding weekly returns via DPoS Invest what you can afford to lose, don't over leverage and don't borrow to trade.
by Johnsonysu
ARK/BTC Potential 80% bounce from the trendline? Hello traders! After taking a look in to this chart i have seen some potential if the price bounces of the trend line (which was once already broken in the past). For a small help there is a random support/resistence line which i have no clue about why is it there. The rsi just bounced back up a bit but the Stoch just crossed on bearish side. The confirmation should be in near days if this will be a bull run we will se some green in there and some more volume (which is really low at the moment) that will be indicating accumulation from other people before the real bull run. If we see a broken trendline the next target would be .236 fib
Long
by Cidoguy