ARK Wave 5 - 85% Gain
Ark has finished off its Wave 4 retracements and will start Wave 5 soon.
There is a possibility of sideways movement.
However, I believe that wave 5 (because wave 3 was extended) will not be as big but still, the opportunity is there.
Not a short term trade idea. Maybe 1 - 1.5 month.
Note: Ignore the waves drawn out with orange lines. It is just meant as visual aid from start to end of wave 5.
There is a possibility of sideways movement.
However, I believe that wave 5 (because wave 3 was extended) will not be as big but still, the opportunity is there.
Not a short term trade idea. Maybe 1 - 1.5 month.
Note: Ignore the waves drawn out with orange lines. It is just meant as visual aid from start to end of wave 5.
Note
If ark price reaches below .00069, trade will be closed, til then its active in my books.Trade active
Huge bullish confirmation.Trade closed: stop reached
Price broke support channel. Next support is the bottom of the turquoise channel. Hopefully, we will see it go back inside the blue channel. Will keep an eye out.Note
Lets see if it can get back into the blue channel.Note
Ark market was manipulated by Oxycoin Ico.
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