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ARKBTC

ARK/BTC Cheat AnalysisOh Arky Arky Arky.... What a horrible downtrend. Honestly, one of the most manipulated coins, next to OKCash. This coin can absolutely crush your nerves, and put you in loss after loss if you are not careful. Fortunately, I've developed a pretty sound method for making money off this dirty little ****. The trick I found is to draw a support line that is a bit above the average support on the downtrend. As you can see, I have already drawn it to show you. Now after drawing this support line, just buy underneath, and sell above at around 5-10% or when they throw the sell wall back on to manipulate it. That's it. No more guessing. Another good rule to keep in mind with Ark is that if you are near the 24 hour low, it is definitely a great time to buy, because this coin likes to bounce back after reaching new lows. However after bouncing back a bit, whales like to manipulate again after selling off their cheap ark that they purchased whilst manipulating it down. At this time, a great buy on Ark would be around 57,500-58,000 Satoshis, sell price 60,000-62,000. Anymore and you are playing with fire. Tbh I am not hodling for the long term on Ark myself, however I know that lots of traders are hodling it long term in hopes of it pumping again. I don't really see that happening for a while, but I do see it consolidating around 55,000 satoshis especially if the whales keep manipulating it. Long as you buy under the support line of the downtrend, then you should be able to make some nice profits with Ark.
by goneviralnetwork
18
Don't be unprepared when ARK will reverse!!It seems that some of the biggest altcoins (see NEO, OMG and ARK) are correcting quite strongly. To me, those are all awesome buying opportunity, and these are the moments when I wish I had more money to invest. ARK went on a crazy rally from mid aug to mid september, and we all know that the steeper the rise, the harder the fall. That's the reason why correction on ARK is particularly dramatic, and that's the reason why after gains like these you should sell! BTW, I'm talking too much. The point here is that ARK has proven to be a solid coin, remaining strong also when BTC was crashing. So, get ready to jump on the boat, as once the correction will be completed, there'll be another fancy ride. So, given I have a capital of 100 I want to put into ARK, I'd go like this: 25 @ .618 fib retracement (54k sats) 25 @ 47k sats resistance (if reached) 50 at reversal signals (price & RSI downtrend breakout, MACD crossover) Buy the f*ckin dip!!!
by lukescream
ARKBTC - Coming up to major supportARK has hit some major support around 72k sat. The ARK price has bounced off of .786 fib multiple times as shown on the chart which indicates a strong support. Bittrex order book is slowly building up and the RSI is showing oversold. You can also see that the waves for the RSI are getting lower and smaller at the same time. What to look for: - All thick red lines indicate resistance. Look for the price to hit and surpass that point. - Look for the RSI to move up and cross the red line into the overbought territory. - Waves for the RSI should reverse with waves going higher and higher. This is a great entry point with a stop loss below the blue line because if there is no buy support to help the price move up, it'll dip below the blue line and next major support is around 58k sat. Note: Don't set an exact stop loss price to sell at. It may dip below the blue for a short period since we can seen the price bounce around that area as I've indicated in the green square. Keep an eye on the order book to make sure there is enough buy support. If the green hill in the Bittrex order book is small and not rising, then it is a good time to sell. As always, use common sense and do your own research as well and you feel comfortable with your trade decision. I'm here just showing my analysis and what I'm looking for. I'll keep you updated.
Long
by MoeB_712
1