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Arkbtcbullish

ARKBTC formed bullish Gartley | Upto 44% expectedOn 19th of Dec 2019 I posted this article where the price action of Ark with bitcoin was forming a bullish Shark pattern and soon it was expected to enter in potential reversal zone to take bullish move from this PRZ area. Then on Jan 7 the price action entered in potential reversal zone and completed the Shark pattern and took powerful bullish divergence and produced more than 105% big bullish wave. Another Bullish Harmonic Pattern Is Formed: Now on short term 4 hour chart the price action of Ark has retraced between 0.618 to 0.786 Fibonacci and then completed another harmonic Gartley pattern. The complete Movement Of The Pricline Is As Follow As Per Gartley Pattern: After initial leg (X to A) the A to B leg is retraced between 0.618 to 0.786 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.618 to 0.786 Fibonacci as perfectly required for Gartley pattern and now the price action is moving in potential reversal zone of this Gartley pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg. An Alligator’s Mouth Has Been Completely Opened: The simple moving averages with time period of 25, 50 , 100 and 200 has completely formed an opened alligator’s mouth and turned strong bullish and if we closely watch then we have strong support of 50 simple moving average just beneath the potential reversal zone of Gartley pattern which is very strong bullish signal because here we have 2 supports now one is the support of potential reversal zone at : 0.00002353 sats and other is 50 SMA now there are strong chances of bullish reversal from these supports. The Buying And Sell Targets: The buying and sell targets according to harmonic gartley pattern should be: Buy between: 0.00002637 to 0.00002353 sats Sell between: 0.00002863 to 0.00003401 sats Stop Loss: The potential reversal zone area which is up to 0.00002353 sats can be used as stop loss in case of complete candle sticks closes below this level. I will be keep posting more potential trading ideas for educational purpose on different assets as soon as will receive any trading signals.
ALong
by moon333
ARK/USD- Price in the .618 golden zoneWe had a nice pump out of a falling wedge that has been forming for a very long time Since then price has retraced and may seem like a dump at first, but if you use FIBS and look more closely we can see that price has retraced to exactly the .618 fibonacci zone (golden zone) and has already started to hold support here. If this holds we could easily go higher then where this previous pump has peaked. join the telegram! : bit.ly my website and FREE trading course: cryptoplanet.cash
ALong
by dmitch696
ARK Elliot Wave Cycle and Bear Market CompletedThe first Elliot wave that brought ARK from pennies all the way to ~$12 seems to have been completed. My subway count leads me to believe that this ABC pattern is valid. This weekly candle finishes in a few hours and looks very likely to finish off strong. We also have a very strong break out of the smaller downwards wedge pattern. This could lead us to eventually break out of the larger wedge pattern which could take us well past the previous high of $12 over the next few years! check out my website for more content like this: cryptoplanet.cash I post-market analysis and daily original crypto news articles! telegram chat: bit.ly
ALong
by dmitch696
Long on ARK/BTC, probable 10+% gain in a weekHello everyone. ARK has been a dumping machine in the past few days, which is fairly surprising to me, considering that it had a very big volume spike and 40%+ gain about 2 weeks ago. It doesn't look that good right now, but based on past prices and its history, I doubt that it will go that much lower on a shorter time frame. It's bound for a rebound as it's price dropped by a big margin in comparison to the EMA 50, so it should at least rebound 10+%. RSI selling pressure is ridiculous at the moment and not sustainable. I'm adding some position at this level. Long term it's EXTREMELY oversold on the weekly and at the ATL price level in terms of BTC. This is why picking up ARK at these levels might be a good idea in longer and shorter time frame. If you're looking for a quick 10%+ gain it's also a pretty good entry.
Long
by bizi
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