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ARK

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.
A
by J_Marli
ARKBTC - A Blockchain API (+350-550%)LONG up to 6 months for an expected 350-550% gain - Climbing through Kumo Cloud - Bullish MACD - Large bull pennant - Bullish trendline - EMA reversal Ark's most prominent feature set is known to be it's SmartBridge tech that enables communication and interoperability between blockchain protocols i.e. ETH with BTC and BTC with ARK - a holistic approach towards cryptos. Ark developers have the mindset of bringing together different coins and their unique features thereby increasing the utility value of ALL coins, consistently keeping the end users in mind. Want to trigger a Eth smart contract but using BTC as the actual value exchange upon settlement? Sure. Enable ERC20 tokens based off ETH to be able to communicate and partner with tokens off the LISK/STRATIS/NEO/ADA/EOS protocols? Sure. The current crypto currency ecosystem is incredibly scattered and developing and advancing independently with each other with almost ZERO interoperability (Imagine if you had to manually bank transfer each of your 10,000 employees' wages based off every entry in your XERO/MYOB payroll system for the month? How cool would it if we had APIs in Blockchain? The answer is Ark. As the utility value of cryptocurrencies (overall) increase, the value of Ark will also increase. Last chance to buy cheap. BONUS: DPoS Delegated Proof of Stake enables you (the stakeholder) to "vote" for a "witness" (a delegate) with your coins and ask them to stake for you meaning you don't need your machine on 24/7 to receive up to 10% ROI per year, distributed weekly and not factoring in the compounded gains - perhaps 12-15% p.a. Their desktop wallet is the best amongst all that I've used in terms of user experience which speaks greatly again about the teams consideration for the end user. "SmartBridge is the ability to connect and communicate between blockchains. By connecting blockchains, we can solve the great question of the last few years in the altcoin community. Which coin will replace bitcoin? The answer… none of them, and all of them. Let me explain. With ARK’s SmartBridge Technology every coin becomes even more powerful, every app produced on any blockchain has the potential to reach a greater audience and even bitcoin can gain the functionality of every altcoin through a simple blockchain token called ARK." - blog.ark.io
Long
by Johnsonysu
4
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.
ALong
by CryptoPAMM
15
Ark VS Bitcoin RisingArk found the support at 18k satoshi and started to moving higher while breaking above the 200 Moving Average as well as the descending channel. After the breakout price corrected back and first rejected the Moving Average and then the upper trendline of the descending channel, both of which this time acted as a support. With such price action, the uptrend scenario becomes more and more likely where ARK/BTC could rise up to 100k satoshi psychological resistance levels. This level is also confirmed by technical analysis, where two Fibonacci retracement levels are inline with each other. the 76.4% and 327.2% levels. Only a break and close below the Moving Average could invalidate bullish outlook.
Long
by CryptoPAMM
8
ARK - LONG - So Many Bullish Indicators (But Needs Volume)Hi there, I'll make this one quick. ARK's chart has become incredibly compelling. Why? 1. 4H candle reversal in the clouds (very bullish!) 2. Recent broke a long-term reversal line (price reversal!) 3. Short-term EMA bands have crossed over the long-term EMA bands, and both bands are very, very compressed (very bullish!) What next? 1. We need volume. ARK volume picks up, it will serve as the catalyst for the first leg up. I added the fib extensions to the chart to show you the price target levels. Good luck!
Long
by cryptorae