ARKUSD trade ideas
ARKUSDI stick to my guns and state "you cannot state exactly where the orice is going to go in the cryptocurrency market" but what i've have taught myself is you can create zones in which the price has a HIGH probaility of hitting. Ive learnt from successful cryto investors specifics in which I and even you can use to map out the market conditions to the best of your ability to increase your probabilities of successfully investing in crypto currencies. I drew this chart up mid january and as you can see all my levels are staying true to thier zones. The price broke the 8 & 200 EMA which is strong indication it is heading to the downside which it has. I still strongly believe the orice has some more wiggle room to the downside as the MACD downside divergence states so. I see my 2nd support level (red rectangle) being hit over the next several days. And Then we will see a massive upside surge begin to formulate itself. Aside from this price chart, ARK is one of the morning promising Crypto with a massive future ahead of it. Stay tune and enjoy this wild bumpy crypto ride!!!!
ARK READY TO POP!!!BUY AROUND $6.30 IF PRICE CLOSES OUTSIDE OF TRENDLINE.
BUY AROUND $5.70 IF PRICE PULLS BACK DOWN.
ARK UPTO 14$ARK HAS BEEN PRETTY WELL DURING THE PAST FEW MONTHS!
ARK HIT MY TARGETS TO THE T.
I EXPECT ARK TO KISS THE FIBONACCI REGION "61.8% " BEFORE MOVING TO ALL TIME HIGHS AGAIN!
I ALSO EXPECT TO SPIKE DOWN AND MEET THE 200 EMA BEFORE REVERSING UPWARDS!
WORST CASE SCENARIO WOULD BE A SPIKE DOWN TO 78% FIB AROUND THE 2.5-3.5$ REGION AND REVERSING TO ALL TIME HIGHS AGAIN
ARK on the way up from ascending triangleARK provides users, developers, and start-ups with innovative blockchain technologies. They aim to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases which make ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want and developers need.
I like ARK as a business model and as investment. Price is building up on nice trend line. It bounced over it one time, but failed to progress. Now we are back on trend line which I think acts as a nice support area. Volume is rising nicely, RSI is getting some support and price sits on 100 MA which acts as support. Its forming a ascending triangle pattern, which is among very bullish signs that every trader is looking for. Once we get over resistance on $8.7 we will see ARK tokens progress very fast.
POTENTIAL MOVEMENT OF + 60% FOR THE NEXT WEEK ARK/USDWe are near the support of the uptrend channel where $ARK moves.
- The MACD is in the overselling zone.
- The volume is low, which indicates little interest in the sale during the correction. Now that we see that it increases when testing the red support line, we could consider an entry.
The profit potential is very high in the short term
ARKArk has broken a wedge while continuing its uptrend!
Should see more move to the upside due to price using the current support zone as support and the 50 ema as support as well.
Look for this to test all time highs and break ATH
-KP
***Invest Wisely***
ARK re-breakout and long run, first target is 11.5, then 12, 18Extremely undervalued at the moment and based on the Korea FUD, the price has been suppresed, primed for a break out. Previous breakout was broken by the overall downswing in the market but now we are moving back up.
ARKUSD Daily Chart. Brkout retracement. FInding new supportFrom the last all time high at $11.42, we've seen a market pullback and effectively finding new support level.
It may retrace back to previous support line at $6.30.
I still think that is still is in a bullish pattern base on the trending line, EMA, MA daily and weekly pattern.
If you are a long term investor, current price a good entry price. Short term trader, wait for confirmation on the support level and bounce.
Potential to hit $12 and beyond by the end of this month or end february is high.
Elliott Wave Pattern 3x on 5th might repeat by midlate FebruaryMy take of a Elliott Wave Pattern with a repetitive short third wave and a huge fifth wave structure on the USD Price of ARK.
ARK could be in a temporary downtrend moving in the drawn channel with lows in the 5.5-6.5 USD range due to Bitcoin Price Action (fall or rise) in the upcoming weeks.
When the wait for the release of the network stabilizing and issue fixing Ark Core V2 and implementation of ACES comes to its final days a rerun of the pattern might occur.
Longterm remains Bullish as further down the road, probably during next wave 3 and 5 of the Elliott Pattern ARK releases and implements Push Button Deployable Blockchains and ARKVM which will lead to wide distribution and spiking volume.
Goal >$28 by Q2 2018.
Ark Is About To SkyrocketFollowing the previous idea on Ark , it has reached the upside target at $6 and continued to move higher. Throughout a consolidation that has lasted from 20th December up until yesterday, the price has been ranging between $9.5 and $6.
What is interesting is that previous upside target clearly has been acting as a strong support where price bounced off at least 3 times. And finally yesterday ARK/USD broke the previous all-time high. This could indicate the Ark is ready to go higher with a boosted momentum. The strong resistance and the upside target is seen at $25. This is where two Fibonacci retracement levels are inline. Only a break and close below the uptrend trendline could invalidate bullish outlook.
$ARK outperforming King $BTCIn looking at 1Y and 3M charts for $ARK, it appears the "altcoin" is outperforming Bitcoin. This chart compares $ARK/USD against $BTC/USD over the past three months. ARK recently broke previous ATH of $8.62 as well. Given adequate support and volume, ARK is positioned to be a major blockchain platform. In for the long run.
ARK/USD ke $18??Ascending tringale pattern pada timeframe 1D.... tunggu breakout saat candle closing diatas garis hijau
ARK/USD price accumulating, possible breakout to $12ARK price has been accumulating since the past 3 weeks around the $6 - $7 region.
The trend line has been tested at least 3 times while the counter line has formed. Squeezing the price action that I believe will poise for a breakout to the $11 - $12 region.
EMA, MA confirms ARK price is trending to the upside.
If the price bounce beyond $9.50, I expect that it will reach $11 and $12 target price.
Support zone 1 set at $6.5 - $6.8.
Suport zone 2 set at $4.50 region.
ARK looks Ascending Triangle PatternARKUSD looks Ascending Triangle Pattern
wait for escape.
It is good location, because it is above Ichimoku Clouds.
Stoch and RSI are also in a good position to rise,
so seem to low risk and high return.
entry : $7.1 ~ 8.7
stop : $5.8
target : $18.6 ( profit 112% )
