Buy on pullback IF it breaks mentioned resistance.Buy on pullback IF it breaks mentioned resistance.
Potential 70% in midterm.
Target and SL are shown on the chart
Risk/Reward: 1/2
Arkcoin
$ARK TAShoutout to @tylergriffsmith for mentioning ARK.
Based off my TA i can say that now is a great time to start accumulating before this coin starts to really take off.
Against the dollar it looks like were consolidating before another bull break.
ARK has huge potential to grow, I see 4x PotentialHello Friends,
BITTREX:ARKBTC is one of my favourite coin, holding from the bottom as long term investment.
You could check my previous postings on ARK, it was in big bearish trend. After handling all the sell requests, gaining more buy request. It is already doubled from the bottom in $ value, but long way to go.
Buy now and Add on dips ( well missed an entry point in DGB, so I want to be little more careful)
Targets
41200
49000
60000
75000
87000
96000
11700 (all time high)
and much more.
Stop loss
below 25000
I dnot have a timeline, probably it could happen in 1-3 months.
ARK/BTC Warning Shots of MASSIVE DRIVE UP!From the perspective of Elliott's Wave Theory:
It broke the trend line, went up the 1 as indicated by line red (which I mapped out a two days ago) and it's starting to pull back into .5-.618 feb territory. Watch this ARK carefully. It is looking extremely bullish and like it will blow up anytime soon.
RSI also indicates overbought and MACD look like they are going to close soon indicating that it is entering the bearish wave 2,
Stay tuned for more information.
Good Luck Guys!
ABCD & Bullish Divergence on ARKThere seems to be a new ABCD pattern developing on $ARK. As long as we don't make anymore new lows, we should be okay for the time being. The UO is showing Higher Lows, paired with the Lower Lows the price is giving us, it would suggest a bullish divergence.
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.
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.
