ARKUSD
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/USD Long Trends UncertainARK has been testing various trendlines in recent history. Here are a few possible patterns I see in the coming months. There is a possibility for reversal at the previously-established line, but my opinion is that it will break out of the converging lines, and go up to new heights from there. A few features from the dev team are at 98% completion, so the release will likely bring new interest that can spark a breakout
ARK/USD IdeaI see good potential for ARK this morning. We had a nice reversal candle back at the beginning of this month and have experienced positive growth since then. ADX line is gaining strength as we head into an ascending triangle. If we see a rise in the positive directional indicator of the DMI with a clean break of the resistance at $3.20 I think it will be a good signal to buy.
Stop losses could be set anywhere below the black-dotted trend line and profits could be had at $4.00. As always leave some of your order open because crypto is awesome and anyone who has crypto is also awesome.
ARK is in the verge of breakoutARKUSD is in the verge of breakout. Breakout can be either side, but based on the trend of ARK movement from $2 to $3.3 , it would break the upside.
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/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.
ARK suppression possibly at an endARK has had healthy natural growth until the OXYcoin ICO started and price was being driven down to reduce payouts
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The drive ends in roughly 17 hours at which time ARK could possibly be freed and I think there could be a pretty big climb.