Ark Uptrend Continues, 175% For Next TargetHere we have the weekly chart for Akr (ARKBTC), notice we have a clear ascending channel.
We are seeing a strong bounce now after a higher low... Looking at how the altcoins are doing, we can expect ARKBTC to resume its bullish growth.
The next target is mapped at 175% from the current price.
Namaste.
ARK
Genomics ETF --> breakout & measured moveARKG broke out of the parallel channel with strong volume (over 110% tan average 10-day volume).
When there is a break-out, the 5sma tends to be a good rule of thumb to follow the short-term trend; and not lose to much if there is a failed breakout.
RSI shows we are still not overbought at 67; but with strong buying.
Using the bottom level of the parallel channel to calculate a measured move; puts ARKG around $75.
Ark breakout rejected. Preparing for new one?ARK is currently in an interest phase.
Succesfully tested MA100 and MA200
Failed to break the Ichimoku cloud.
Increasing Volume
MACD Crossover indicating a bullish signal
I believe it is likely that ARK will soon try to break out of the cloud again. It will thereafter most likely test the top of the cloud as potential new support before moving up further.
My entrypoint: 0,00003382
Ark Uptrend To Resume Now... Easy 70%Ark (ARKBTC) went down to test MA200 as support after a strong period of growth.
After this test of MA200 we are seeing multiple bullish signals as follows:
BULL/GREEN Volume breakout.
Strong MACD bullish cross.
RSI moving above 50.
Prices taking out EMA200, EMA100, EMA300, and EMA50 one next to the other.
Strong bullish action taking place.
Higher low confirmed...
A higher-high is likely to be hit next for an easy 70% or more...
The next target is marked on the chart.
This is not financial advice.
Remember to always do your own research and build your own plan/strategy BEFORE you decide to trade.
Patience is key.
Wait patiently for days, weeks, and sometimes months before your trade fully develops.
Feel free to leave a comment if you have any questions.
Hit LIKE to show your support.
Namaste.
ARK/ BTC - chart says upSmall cap coin with a correction completed and should BTC raise given that stocks raise, this should go min. 20% + another 30% afterwards after clearing previous support.
Possible reversal in the makingI am not as confident on this one and I think it needs another daily candle to close to confirm. Starting to become oversold, bouncing off the 72/89 EMA cloud, and down from recent highs of over 280. Nearly a reversal hammer candle on the daily. This may have a nice comeback, but will depend on market conditions as well as investor reception to cloud stocks.
Financial Technology -winner20sma has been supportive since mid-april, today is a great opportunity for an entry at the current level.
Risk-Reward-Ratio is fantastic if you place a stop-loss-limit below the 20sma.
We are also seeing past resistance from early August, which is now coinciding with current support level.
RSI has not broken 50 since then.
OBV has been up-trending since.
Good luck!
ARK still holding it's grounds.BTC pumping has been beating ARK's price but if we look at bigger picture we are still in an uptrend and bounced every time we touched the support. Short term target still 6500 and 10000 mid-long term.
ARK. Retesting Trend Line & Formed Bullflag.ARKBTC4H. ARK broken out of trend and now retraced to test it several times and in the process forming a nice Bullflag. Nicely over the 200EMA and good S/L positions for a long trade.
Ark Recovers Nicely | Long-Term Targets Mapped (230%+)The chart for ARKBTC continues to be solid/strong.
Last week, when a Doji was printed, we saw a test of EMA50.
This week, prices tested EMA10 but quickly moved back up.
Now we have ARKBTC trading above EMA10 and EMA50 on the weekly timeframe which we call solid and strong.
The MACD stays above zero and the signal line; bullish.
The RSI is really strong above 70.
We saw Bitcoin drop over $1600 in one candle and now is trading $1000 below the recent peak, yet this altcoin pair like many others continue to recover and its price is very likely to increase.
Here we have over 230% potential mapped with mid/long-term targets... This pair can do much more in the long run.
Any trading above EMA50 and we remain strongly bullish on ARKBTC.
Thanks a lot for reading.
Namaste.
Ark Changes Trend, Highest Since July 2019 (Targets Mapped)Ark (ARKBTC) is at its highest since July 2019... This is a very strong development and confirms the change of trend that recently took place.
We had a multiple years-long bear market and then a very long consolidation phase...
We are now in a newly formed uptrend, which will generate long-term growth in the years ahead.
The July 2019 peak price has been broken as I write this, which can take us much higher as marked on the chart above.
If you are holding this pair, all you have to do right now is be patient and enjoy the profits on the way up.
Here is my last chart from May 17, 2020
Thanks a lot for your support.
Namaste.
ARK/BTC Forming a Bullish Cup & Handle / Inverse Head & ShoulderARK/BTC Forming a Bullish Cup & Handle / Inverse Head & Shoulder.
Both are bullish, inverse head and shoulder may take longer to play out than the cup & handle.
Cheers my friends...
BINANCE:ARKBTC
$ARK is ready. LAST CALL (MAINNET AUGUST 2020)
TECHNICAL AND FUNDAMENTALS ANALYSYS
• MAINNET LAUNCH IN END OF AUGUST 2020 (source: blog.ark.io)
• MACD BULLISH CROSSOVER
• HEAVY ACCUMULATION ZONE FOR ALMOST 1 YEAR READY TO BREAK OUT
• BULLISH DIVERGENCE
• SIMILAR CHART TO ALTS THAT ARE BREAKING OUT NOW
• VERY ACTIVE DEVELOPERS ACTIVITY ON GITHUB
• LOW CAP
LONG - ARK - Trading OpportunityBINANCE:ARKBTC seems to be regaining the momentum it had previously lost after all this time, perfect bounce from support into a MA200 retake, looking for continuation.
Entry: 0.00002794
Target 1: 0.00003108
Target 2: 0.00003342
SL: 0.00002665
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$ARK, Crossed & now retesting ~2900sats level w/ UCTS buy signal$ARK
Crossed & now retesting ~2900sats level w/ UCTS buy signals across every timeframe...
R/S flip here and we could have continuation toward toward ~3500 / 4000 sats (big room to grow...)
#ARK
Ark Conquers EMA50, Next 3 Stops Mapped (19%, 42% & 74%)Ark (ARKBTC) has been quiet since its April peak.
The trading volume is really low, confirming a consolidation period.
Prices are slowly creeping above resistance after a higher low.
EMA100 has been rejecting ARKBTC (red), as soon as this level is conquered, we can expect a price jump.
Additional information can be found in the chart above.
Namaste.
Buy ARK/BTCBuy for ARK/BTC pair
Very conservative target, much higher possible. Simply adjusting the SL to break even once target level is reached may be more favorable