ARK/BTCARK looks Bullish Stoch RSI moving up, MACD weekyl about to cross. Weekly RSI pushing oversold but now trending up. Strong bullish divergence on the Daily. Found solid support at the expect demand zone
ARK
Ark Rebound Imminent Breaking out of downward channel. Finished 5th wave + AB correction, moving upward along C out of the downward channel. Stoch RSI moving up, MACD weekyl about to cross. Weekly RSI pushing oversold but now trending up. Strong bullish divergence on the Daily. Found solid support at the expect demand zone, forming a beautiful double bottom before closing above the upper resistance line. I outlined the first three targets on the chart.
Couple these strong technicals with the fundamentals of the ARK project. This was a project that had a lot of people excited and has been around for a couple years. Hype started to die down as we waited for functionallity to be pushed out. Now the long awaited V2 update is near completion. Couple this with the SDK and ARK Pay modules being completed by EOY and we have a strong development release set up in the near future. Many projects have gone silent or died during this bear market, but the ARK team has been steadily communicating and pushing updates, without becoming deterred. ARK has a promising future and this may be the cheapest we see of it. Remember that ARK has been operating on a DPOS model successfully for a while, and that anything you buy will also earn you staking rewards.
If we see a reversal of this new uptrend, and find ourselves in a Bull trap, I also marked the lowest support level. If we fall below the double bottom, I would personally sell until we reach this lower level.
My personal opinion, not financial advice
ARK is getting tighter and looks to break...ARK has been tightening in this small wedge since 8TH September, Looking to possibly break towards $0.86. Hit a previous low of 2018 at $0.51 and then grew 100% back to $1.01 within 16 days.
ARK. Consider DCASame stuff as my OMG post really.
We're really getting to support.
We still have room for downside, but personally I'll be DCA this area and begin staking them :)
My plan.
Buying :
Now for 1st batch.
and 0.00002 - 0.00008 for next batch.
The upside potential is monstrous. Potential 1k%+ and all I need is patience?
I'll take it.
The team been silently working behind in the background.
All we need is a bit of hype and a happy whale.
Technical Analytic for #ARK (05/09)#ARK (ARK/BTC)
Buy : 1180
Flash Sell : 1190-1200-1210-1220-1230
Short Sell : 1250-1275-1300
Long Sell : 1350-1400
Stop : 1150
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ARK TRADE CAN BRING OVER 90% PROFIT - CryptoManiac101ARKBTC TRADE
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
ARK Bullish DivergenceHuman's of Earth, you will be assimilated.
Look at this bullish divergence in ARK. It already popped a bit but we think it has more steam. We will be playing it safe in layering in some buys with a tight stop lose.
On teh FA side Ark is sponsoring Coindesk's Consensus. Ark has a great wallet and ecosystem.
As always do your own research. We are the Borg we are not financial advisors. Education purposes only.
DONT FORGET TO LIKE AND FOLLOW!
ARK Outcome ShortArk has a lot of stumbling point to overcome to reach ATH.. $0.81 and $0.93 are huge mountains to climb, Buying power seems very low on ARK at the moment and a possible $0.52 is in play very much so..
Daily Analysis: Short PositionHi Dears,
It is probable that the specified support zone will drop.
Remember that nothing in this world is 100%
Good Luck
I Kinda Like ARKBTC Binance Right Now. However... falling knife Beware catching falling knives and oddly drawn elliot wave's. However if we can see a BTC bounce any time, we should see ARK rise a bit, or stabilize as well. We will see right? Let me know about them waves please.
ARK way oversoldA lot of altcoins are oversold and if we do bounce up from BTC on the triple bottom this will be a good entry.
$ARK, The Bleeding Continues…
Weekly
Looking at our trend timeframe we see price continuing to head towards the downside with no signs of slowing down. Lower high formed at our 25000 resistance, momentum not showing any signs fo slowing down. Expecting price to test our 15000 support zone, followed by a lower high and another push towards our 10000 support.
Daily
Shifting over to our pattern timeframe we see price in favor of bears with no signs of reversal, lower high formed at 23000. Momentum not showing any signs of slowing down, looking for a lower low to form near our 10000 support zone. Sitting on hands until price reaches this point or we see a daily close above 23000.
Ark oversold on chartsArk is looking oversold on charts.
Red line is the stoploss rest are the targets.
Do like and share your opinion.
A trading opportunity to buy in ARKUSDTechnical analysis:
. ARK/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (1.4547 to 4.4910). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.4547)
Ending of entry zone (4.4910)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.9008
TP2= @ 2.5293
TP3= @ 2.8638
TP4= @ 3.5292
TP5= @ 5.0388
TP6= @ 6.2557
TP7= @ 7.4755
TP8= @ 9.2089
TP9= @ 11.4100
TP10= Free
A trading opportunity to buy in ARKUSDTechnical analysis:
. ARK/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (1.4547 to 4.4910). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.4547)
Ending of entry zone (4.4910)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.9008
TP2= @ 2.5293
TP3= @ 2.8638
TP4= @ 3.5292
TP5= @ 5.0388
TP6= @ 6.2557
TP7= @ 7.4755
TP8= @ 9.2089
TP9= @ 11.4100
TP10= Free
A trading opportunity to buy in ARKUSDTechnical analysis:
. ARK/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (1.4547 to 4.4910). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (1.4547)
Ending of entry zone (4.4910)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.9008
TP2= @ 2.5293
TP3= @ 2.8638
TP4= @ 3.5292
TP5= @ 5.0388
TP6= @ 6.2557
TP7= @ 7.4755
TP8= @ 9.2089
TP9= @ 11.4100
TP10= Free
#ARK Accumulation Opportunity Ark is one of the undervalued coins in the crypto market. The 4 hours chart is showing a very good profit making opportunity which shows a bullish engulfing candle stick with a very good potential RSI indicator. If it can close above the first resistance at 23487 sats it might show us a rally towards the following resistances. Volume needed to show some improvement though.
Accumulation Zone : 22500 sats -23800 sats
Target 1 : 26241 sats
Target 2 : 28467 sats
Target 3 : 30694 sats
Target 4 : 33863 sats
Stop Loss : 18700 sats
Good Luck.
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Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in
your legal jurisdiction. All information stated here and in our reports don't gurantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
Ark (ARKBTC) Bounces (Analysis by Request)ARK bounced from bottom on the 29th June, from there, we can spot several trend reversal signals.
- We are bullish on the RSI.
- Very strong bullish divergence on the MACD.
- STOCH on the bullish zone.
With a strong green candle today, ARK is possitioned to make some positive gains.
Resistance can be expected @ 27000 satoshis and 30,000 satoshis next.
Very strong support sits around 19,000 satoshis followed by a 17,150.
Note: This is no trade advice, this is an educational post.
Thanks a lot for reading, I always appreciate your continued support.
Namaste.