ARKBTC
Ark-upward movement expected in channelArk found support at low in channel, sharp spike in DMI signals DMI trading opportunity buy @ 0.00035- 0.000365- profit level at 0.00050 and above
ARK longArk consolidation is getting even tighter and is nearing the end for triangles on short and longer frames.
Target 1 would be previous double top
Exit trade if it breaks triangle downwards
ARKUSD $3.27 SHORT TERM? Elliot Wave AnalysisConsolidation inside of a pennant pattern showing break out with a continuation of the previous bullish trend from before consolidation. Bullish RSI divergence, as well as a bullish MACD divergence on 3h/4h candles. Please note the text boxes - the wave 4-5 target are only if the wave 3 stops at 1:1 Fibonacci extension (which I marked as the sell zone for wave 3).
Ark bull flag - target level ~$4.70ARK/USD is being heavily accumulated during the flag part of this bull flag. additionally, it has incredible fundamentals (DYOR).
target level is labeled on the chart. note that this is the minimum target; FOMO tends to be strong during these kinds of movements.
ARKUSD Elliot Waves - $4.22?Price target $4.22, potentially could set up for a full retracement in the future but the price target, for now, is just $4.22.
ARK Broke Downtrend // Good Buyzone At FibARK is hovering around the 78% fib retracement zone of the impulsive move out of the downtrend. Good are for some bids to ride the wave out again
ARK-BTCDown Trend in Ark.
Descending Support Lines
Pink Trend Line is forming a possible triangle for a breakout.
RSI and MACD closing on the bottom.
First Support Line: 0.00036925 - Black Line ( If it continues on downward trend, we can find support here.)
Sell Points : 0.00046125
0.00042150 - Green Line / Resistance Line ( Previous Support Line)
0.00048875 Green Line / Resistance Line (Future Support Line)
0.00052150
Possible Bearish Gartley on ARKWith Bitcoin making all time highs recently, a lot of the altcoins have been taking a hit. On the daily chart, Ark has bounced from the 200 EMA, and that was the event which formed our point BC. Overall for Ark the future is bright, but once our targets get hit, i'm expecting a short opportunity, unfortunately there are not many exchanges that support margin trading for the majority of altcoins.
ARKs Market Cycle Looking To RepeatARKs cycle through the 6 hour resistance cloud into support above the green cloud looks identical to the beginning of previous pump
ARKBTC Inverse head and shouldersmobile wallets and business entity at 98% will release any minute now. December should be ark core 2.0 which will allow the completion of arkVM and push button blockchains
ARKBTC LongI have 2 views, both are long :)
1) Price is testing the resistance, it is not strong enough to push it down side.
2) Can the price break the resistance immediately ? Volume is not supporting. So I expect the price to come down to support before the next take off
or I would wait for the break out of the resistance to buy.
Is ARK future google of Cryptoccurency ?I was searching and checking all the information about this coin.
Technical analysis - there is one very strong support/ressistance which is playing big role on the chart. It is highest high which was created after lunch of the coin on the Bittrex. I marked with circles the places where pair was rejected and eventually breached. It is also Fibonacci level 23.6% and it looks like it stopped value depreciation for time being.
This token to me is something bigger then ethereum on long run. There is ton of information about ark on the web which are casting bright light on the future of this project.
...in my opinion it is very good time to buy.
It is hard to say where the target is but 31k or more is for me quite possible.
If you think I;m wrong or have some valuable information feel free to comment,
ARKA good spike in volume but not enough to get through resistance levels, false breakout? Usually, false breakouts occur right before the real breakout or reverse entirely.
MACD seems to show that it won't reverse as its turning upwards and RSI bounced from the 50 level. When the RSI passes and bounces over the 50 level it signifies an uptrend could be in the works
If you notice the momentum has been picking up as if the selling has been stopping and more buying has come in. Even though the price kept falling the momentum was steadily picking up and has now passed the midpoint. Great sign of the bears leaving and bulls coming in.
Price action is in a symmetrical triangle. All the signs point to ARK price increasing, just watch for that pop in volume and if it's to the upside it will be a bumpy ride. If it falls major support at 41k Sats. Risk to Reward 3:1
ARK is warming upStoch RSI is topped on most of the timeframes,
Retracement down to 37K Sats would be a good entry
Double buttomARK perform double buttom, from here we have two targets:
1- 44934
2- 47675
If price fall down next support at 34176
ARK - A Possible Reversal?Price action broke down both the Fib support level and the main uptrend line, and since Bitcoin's price developed a strong increase in the past days this pair was going to dump as we knew the negative correlation between both. However, since November 2nd, price bounced off the last peak during July, before August's huge price increase (notice the black support line).
However, at a closer look, we can see after the bounce, a double bottom sort-of pattern formed for a reversal, and price action is currently making a rather steep ascending triangle (flat top) that are normally a reversal from bearishly-oriented markets, which this has been for almost 2 months since its peak during September. Currently testing the upper limit of the triangle, but will likely correct again towards the lower limit uptrend line and then develop upward movement from that point. If the lower limit line of the triangle is compromised, we must be careful as the possibility of it descending towards lower levels is higher than the possibility of it ascending again to the resistance line. From an indicators perspective, these need to decrease price as to reset them in order to imply upward movement, hence the approach to expect decrease to the lower limit in the near future. If there is a proper penetration of the triangle resistance, and the 50% Fib retracement level in the lower time frame, we should expect a bullish run towards 45000s and 50000s targets in the weeks to come.
Good luck!
[BUY SIGNAL] ARKBTCArk is looking good it's close to a very old fib support level, daily chart is oversold, things are looking good, wait for the cloud crossing(complete close above and staying there) it means we are in a longer up trend
ARK - Be ready for new cycle.We can clearly see that after every bounce from the support line ARK has formed a new bullish cycle and new ATH. Now we are once again going downwards to the support line while moving in falling wedge. Keep your eye on these bounces inside the wedge trend lines. Targetting new ATH after we confirm bullish cycle. My guess is that ARK will reach 0.00360 this year.
ARK is also one of my top picks to add in portfolio.
Long-Term ARK TradeCurrently ARK is dipping through the trendline that it has established over the past 7 months. Much like in the previous two legs, it's retraced down to the .786 Fibonacci line around the same time that it's touching this trendline. In the past, from the lowest point before the beginning of a new leg, it has taken between 1 to 3 weeks to establish a new ATH. Should it follow this pattern and if today is the low point, we may see a new ARKBTC ATH as soon as Nov 7th. Additionally, each ATH has seen about twice the gain over the previous ATH as the previous ATH had over the previous-previous ATH. Should this pattern hold, we could see ARKBTC as high as .0023 at the next ATH (which even I have trouble believing).
Credit to @VentureCoinist on Twitter for spotting the setup.
