ARK UPTO 14$ARK HAS BEEN PRETTY WELL DURING THE PAST FEW MONTHS!
ARK HIT MY TARGETS TO THE T.
I EXPECT ARK TO KISS THE FIBONACCI REGION "61.8% " BEFORE MOVING TO ALL TIME HIGHS AGAIN!
I ALSO EXPECT TO SPIKE DOWN AND MEET THE 200 EMA BEFORE REVERSING UPWARDS!
WORST CASE SCENARIO WOULD BE A SPIKE DOWN TO 78% FIB AROUND THE 2.5-3.5$ REGION AND REVERSING TO ALL TIME HIGHS AGAIN
ARKUSD
ARK on the way up from ascending triangleARK provides users, developers, and start-ups with innovative blockchain technologies. They aim to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases which make ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want and developers need.
I like ARK as a business model and as investment. Price is building up on nice trend line. It bounced over it one time, but failed to progress. Now we are back on trend line which I think acts as a nice support area. Volume is rising nicely, RSI is getting some support and price sits on 100 MA which acts as support. Its forming a ascending triangle pattern, which is among very bullish signs that every trader is looking for. Once we get over resistance on $8.7 we will see ARK tokens progress very fast.
POTENTIAL MOVEMENT OF + 60% FOR THE NEXT WEEK ARK/USDWe are near the support of the uptrend channel where $ARK moves.
- The MACD is in the overselling zone.
- The volume is low, which indicates little interest in the sale during the correction. Now that we see that it increases when testing the red support line, we could consider an entry.
The profit potential is very high in the short term
ARK re-breakout and long run, first target is 11.5, then 12, 18Extremely undervalued at the moment and based on the Korea FUD, the price has been suppresed, primed for a break out. Previous breakout was broken by the overall downswing in the market but now we are moving back up.
Elliott Wave Pattern 3x on 5th might repeat by midlate FebruaryMy take of a Elliott Wave Pattern with a repetitive short third wave and a huge fifth wave structure on the USD Price of ARK.
ARK could be in a temporary downtrend moving in the drawn channel with lows in the 5.5-6.5 USD range due to Bitcoin Price Action (fall or rise) in the upcoming weeks.
When the wait for the release of the network stabilizing and issue fixing Ark Core V2 and implementation of ACES comes to its final days a rerun of the pattern might occur.
Longterm remains Bullish as further down the road, probably during next wave 3 and 5 of the Elliott Pattern ARK releases and implements Push Button Deployable Blockchains and ARKVM which will lead to wide distribution and spiking volume.
Goal >$28 by Q2 2018.
Ark Is About To SkyrocketFollowing the previous idea on Ark , it has reached the upside target at $6 and continued to move higher. Throughout a consolidation that has lasted from 20th December up until yesterday, the price has been ranging between $9.5 and $6.
What is interesting is that previous upside target clearly has been acting as a strong support where price bounced off at least 3 times. And finally yesterday ARK/USD broke the previous all-time high. This could indicate the Ark is ready to go higher with a boosted momentum. The strong resistance and the upside target is seen at $25. This is where two Fibonacci retracement levels are inline. Only a break and close below the uptrend trendline could invalidate bullish outlook.
ARK buythe price is at the level of good support and this can be an excellent entry point. The last few days there has been an increase in the volume of purchases, which may indicate that someone is slowly buying up coins. Oscillators also have a positive dynamics.
Purchase - here
target is 0.0004-0.0006
$ARK looks ready for a big up moveSorry for not posting in a long time, i am currently trading alot of cryptos, there are just too many beautiful setups on them not to pass.
Thought to share this one with you. I see some big upside potential, i like the chart technical picture, but also the fundamentals about this project.
Targeting 20$ coming soon.
Please take care in investing in cryptos, they are highly speculative and a very risky asset class.
Don't invest more than you can afford to lose, and this is not an investment recommendation but purely my own opinion, do your own research.
Blessings to you all.
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 set for further consolidation before another breakout?After the recent spike there are a number of small signs that consolidation may occur before a further break out.
- formation of an ascending triangle pattern
- this pattern is often associated with a contraction in trading volume, indicating consolidation. This is evident in the recent ARK trading volume
- fib extension shows that 0.618 level is currently being tested
- a fall back toward the 0.5 level is likely prior to a further rise
Ark new wave paradigm?Hey guys :)
I am a big fan of ARK, wanted to know what you think about my trading idea.
Iits my first posted Chart so please dont take it serious, just curious about your opinion.
Happy trading!
ARK/USD Short Term GainsArk has a nice setup for next next couple of days. Multiple indicators show strong bullish support, and the mobile wallet is nearly complete! I'll be following this one very closely
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.
ARK 3-Hr Chart: Target-This is a Medium-term chart based on support and resistance levels and Elliot wave theory.
-Ark has recently broken out of the long-term resistance, which now can act as a support.
-This along with Fib support and the long-term trend line mean Ark is most likely to bounce to AT LEAST the 1.0 fib line, where the target is located.
-In the longer term (you can see on the 12-Hr chart) I can see it moving to the $6 area at the 1.618 fib line. If the 0.786 fib line breaks look to exit the trade. Good luck.
Check out Excavo's chart for further analysis. He sparked me to do this analysis.