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ARK

Bullish ARKARK has seen some good news; smartbridge for BTC, got SCIC status in France and the mobile wallet is almost done. This has caused the initial spike towards the blue trendline, after it bounced perfectly from my target area where I entered this trade. Now ARK is trying to break out from the trendline which now works as support. The green box on the right chart is where I placed some more buy orders. Stoploss would be not far below this box. If ARK can break from the continuation pattern it is now forming, the next target could be around 0.0006.
Long
by heiders
2
ARKBTC - Trend Looking Good Going Into 2018ARK is still looking really good on 1D candle sticks. It's following the trend nicely and I think we can continue to see it ride the trend line within the next few weeks. Some point to note and things to look out for: - Whether it reaches the first or second target is unknown yet. Will have to watch the RSI and MACD closely when the time comes. - The # of days between peeks has been doubling. If we continue to see this trend, then we can expect to see the next peek late March with smaller steps on it's way up. - RSI has been showing oversold for a few days now and MACD has been below 0 for some time. Good signs as it nears the trend line. - I don't expect the next peek to reach the top gray line. Reason is because of BTC. Recent adoption and bull runs for BTC has made it difficult for some lower/less well known alt coins to grow. - It will be good for ARK if BTC slows down and flattens. This is the general pattern when ARK goes up, BTC flattens or goes down. However if BTC has a big correct in early 2018, it can hurt ARK and we can see it dip below the trend line. - With the upcoming releases for ARK in early 2018 (ARK Core v2, mobile wallet, etc.) it will set up the next peek in March/April perfectly. Suggestion: Even if ARK dips below the trend line or flattens out, keep holding ARK and vote for the delegates. It is best to ride out the down market and still receive ARK daily or weekly while you wait. That's what I've been doing since mid September and have saved up a very good amount. Free ARK is good ARK :) Happy investing!
Long
by MoeB_712
2
Ark outlook for next year - potential 1000% gainsthis chart presents a long-term outlook for ARK/BTC . if the next fractal is similar in structure to the previous two (and it should be), this is how things will likely go. target level is labeled; hypothetical support after the next big move is also included. additionally, notice how each big move, the next 786 fib level lines up with the previous 236 fib level. I may add a short writeup on the incredible fundamentals of this coin in a comment on this soon. it is highly undervalued. trade at your own risk.
Long
by team_USA
7
Is ARK future google of Cryptoccurency ? Update #1I would like point out few important things I found on the chart. We witnessed 3 major waves (not Elliot's) during the past year. Every wave finished with nice spike yellow circles. Every wave correction finished before or very close to Fibonacci level 14.6%. Every time it get close to this level double or even tripe bottom was formed which I marked with blue scarabs There is saying three times charm, but be aware that 5 is a magical number as well. ...to me 3000 is a very solid support... …If my idea is correct we can expect target around 30k as I mentioned in my previous one. Link below There is probably a lot more on this chart like for example look how the retracements are double in value in every wave so far. First U have 8200 then double close to the 16000 another one 32000. ...Yes these values are stretched a little bit to match the double ratio like in most cases in technical analysis. I'm trying to point out that this pair actually is moving in harmonic fashion and spikes and bottoms are not random like in the other pairs
Long
by Krystiannwk
1
$ARK - promising DPOS coin - preparing my next tradeARK is a very promising project, active team, nice concept and most importantly, DPOS coin. You don't know what a DPOS coin is? Delegated Proof of Stake it means, you put your ARK coins in the wallet, you vote for a delegate of your choice, and this delegate is giving you regularly more ARK coins. If you do the math, that's around 20% passive income yearly, that you get by waiting and doing nothing... That is what I love most about cryptocurrencies in general, this powerful DPOS concept - and this is adopted not only by ARK, but also by LSK and RISE, both coins I'm invested in. Now about the daily chart, I believe we're done with the bottom, we broke the down trend and we're slowly going up. we have some resistance levels but after we break them, we go into the stratosphere! This could take some time though, however impredictible depending on the BTC price, so if you're looking to start a position in ARK like me, now is the time. Buy the coins, put them in the wallet, vote for a delegate and enjoy the profits! If questions, let me know. Thanks in advance for your likes and follows.
Long
by TheBigNova
11
Ark approaching long term trendline with Bullish Jaws of WealthArk has been tough for long term holders. After a huge run this summer, it has slowly trickled down. The last fat bitcoin run drove the price down and forced bagholders to capitulate. They just could not stand it anymore. After a brief run up, Ark has done fairly well against bitcoin. However, the run past $10,000 is killing those that bought back in and you can see more dumping as they cannot take the pain. This will create an amazing buying opportunity as the weak hands have been completely wrung out. The only ones left are dedicated long term holders and the loyal Ark holders that are staking the coin. Not only do I expect Ark to rise, I think its set up nice for a massive run that is likely to be triggered with the release of a mobile wallet with official progress at 96% according to the roadmap progress report.
Long
by rzmb44
3
ARK 3-Hr Chart: Target-This is a Medium-term chart based on support and resistance levels and Elliot wave theory. -Ark has recently broken out of the long-term resistance, which now can act as a support. -This along with Fib support and the long-term trend line mean Ark is most likely to bounce to AT LEAST the 1.0 fib line, where the target is located. -In the longer term (you can see on the 12-Hr chart) I can see it moving to the $6 area at the 1.618 fib line. If the 0.786 fib line breaks look to exit the trade. Good luck. Check out Excavo's chart for further analysis. He sparked me to do this analysis.
ALong
by x2012cit