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ARKBTC

$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.
Long
by UnknownUnicorn2434649
1
Ark - A Sleeping GiantWith a little bit more of a bullish sentiment in the market, I believe things are starting to turn around and as such, I have been toying with which alts to include in my portofolio for this next bull run. This is one alt that hit its peak last September and has been on a quiet and steady decline ever since. It was a favorite of mine that offered key tech unique to other alt projects (SmartBridges, ACES, DPoS, IPFS, ARK Virtual Machine). But with little positive price action since September 2017, I think ARK fell off a lot of people's radars, so I decided to take a look at the charts. Ark came to crypto-space back in April 2017, which was really the ideal time to come to the market as it was the start of a lot of massive bull runs for alt coins (Ethereum and ZCash are two big ones that come to mind). By September 2017, Ark grew ~47x in value! When you come to think of it, it is no wonder that it has taken almost a year to for this alt to prime itself for the next run. Looking at the current price action, ARK has already surpassed the .786 Fib retracement mark and appears to have possibly double bottomed off a historical support line. You can see bullish divergence on the MACD and RSI indicators. In fact, the MACD has already broken the overhead resistance that has been pushing the price down since last September. I think this bullish divergence may be a hint of things to come. If you look at the project's Roadmap (ark.io) you will see the developers decided to indicate a percentage of completion for each goal rather than set a deadline. The ARK team is not big on hype and clearly this the best way for developers to show how close they are to completing a goal rather than setting a date for release/completion and upsetting investors when that deadline is not met. While this makes it more difficult for investors to know when goals will be met (which are often reasons for price jumps), at least you know that the ARK project won't let you down with missing deadlines after pumping their near completion. Plus you are guaranteed quality work rather than rushed, shotty sh*t. As with all projects, I suggest you do your homework, but hope I may have piqued your interest into ARK. As investors and newbies to the cryptospace, we often get caught up in all the price action and take little concern for the technology being offered. Don't be that guy (or gal). Hype does not equal adoption. Find projects that offer coins that serve a purpose and will be adopted in the long run, not just hyped. Good luck!
by jpbrown1023
6
ARK – 516 % Earnings possibleHello Guys! Here it is another much undervalued coin. As you can see on the chart according to Fibonacci levels we are very low (same level as in December 2017). Same levels were observed in August 2017 before massive rally when one could earn nearly 600%. So traders look now at Visible Range. We are below much below “fair” price and in the lower part of the Volume Area. It means 70% of all traders bought their coins over the current price. They won’t be willing to sell until they get their money back. Fair price is established at 0.00034035 BTC What’s more we have double bottom already formed waiting for a great rally. Stay vigilant and observe the volume and price. Last time rally took us only 6 weeks so be prepared. What’s more we have crossed MA50 which is very good sign. On Weis Wave we can see volume rising and no supply therefore we have stronger price pressure. We need more volume to obtain such levels as in 2017 but stay patient and positive. On MACD chart we can see positive divergence – all bulls’ crosses are higher from the previous ones ones. So guys. This might be very interesting trade with great potential. Observe levels such as 0.00026801 than 0.00035000 and than our first Fibonacci target 0.00043297. We have to break them all in order to break supports and obtain confirmation of the uptrend. Fibonacci levels: Target 1: 0.00043297 Target 2: 0.00058805 Target 3: 0.00071339 Target 4: 0.00083872 Target 5: 0.00101717 Target 6: 0.00124447 Thank you for all support. You are the reason why we are making this. If you like our job give us a like. Do not hesitate to comment. We are very open and value your contribution! If you don't want to miss out updates don't forget to follow us! HUGS! WBM Team.
Long
by WBM_Team
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.
by AlanSantana
4
ARKBTC - a bottom might be inIt looks like the /a bottom on ARKBTC might be in. The diagonal of the triangle pattern looks like it can provide support and indicators are looking good: - Undersold RSI, looking to recover - MACD crossover We would make an entry between 2500 and 2600 sats. - First target is 2745 sats (about 10% profits). In the current market, we would sell 75% at this point. - Second target is 2945 sats (about 15% profits). In the current market, we would sell 25% at this point. We would keep a tight stop loss at 2450 sats. If you profited from one of our trade ideas, we welcome tips at: - Bitcoin: 1FGtVGU2Ph23j4XtL4ADcqoWBiDnBzaSVf - Ethereum: 0xdf5D882136D177C8DAb2Cd7dD02D2AD06954276E
ALong
by cryptosomething
2
$ ARK, Mooning Soon... Weekly Looking at our highest timeframe we can see our trend looking to form a lower low after breaking through our major support zone at 30000 satoshis, Expecting price to drop towards 20000 and find support at this level. Stochastic RSI showing momentum continuing towards the downside. Daily Shifting over to our pattern timeframe we price has reached our 20000 support zone, momentum slowly starting to shift towards the upside. Should be seeing a bounce off this level only to reach our resistance at 30000. Expecting a retracement at 30000 down towards our major support only to form a higher low.
Long
by UnknownUnicorn2434649
ARKBTC ARK is powerful in technical analysis and also fundamentally strong coin. ARK showing good uptrend and have strong support around 0.000260-0.000270 and all Indicators are showing reversal RSI and STOCH oversold ARK having strong news Releasing CODE v2. This means: 1. Faster transactions output (tx per seconds) 2. Higher scalability 3. Dynamic Fees 4. Multi Core CPU’s 5. Quicker tx processing 6. Better stability 7. Multiple payment transactions 8. Smart Contract deployments Target should be 0.00310-0.00340-0.00385-0.00423 sats
by Cryptoexpert4
1