ARKUSDT Nears Breakout ZoneARKUSDT Technical Analysis update
ARKUSDT has been trading within a broadening wedge pattern for the past 375 days. The price is now moving toward the wedge resistance line, signaling a potential breakout. A breakout can be confirmed once the daily candle closes above the resistance line. There has been a rise in volume near the resistance, and the price is trading above the 100 and 200 EMAs, which is considered a bullish sign for ARK.
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Arkusdt
ARK ANALYSIS (4H)From where we placed the red arrow on the chart, the ARK correction has started. An ABC appears to be completed.
Now the price has entered the bullish phase.
It looks like we are now entering a wave D or a bullish pattern.
The demand range is our rebuy range.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ARKUSDT (Ark) Updated till 06-10-24ARKUSDT (Ark) Daily timeframe range. this thing got way much space to move around. if market gets more money flow there are potential of good setups. devs are doing not that much all the doing done by retail. for now support at 0.3690 if it holds it will push further.
ARK || R/R = 3:34Ark (ARK) is a cryptocurrency and a blockchain platform designed to foster an ecosystem of interoperable blockchains. The ARK platform aims to make blockchain technology more accessible and efficient by providing tools and services that simplify the process of creating and deploying decentralized applications (dApps) and blockchain-based products.
News:
Weekly Development Report Released.
Sorry for the missed part of the chart,
SL = 0.6255
TP1 = 1.0401
TP2 = 1.2584
TP3 = 1.6117
ARK Long Setup Setting / Wait for the UpdatesBINANCE:ARKUSDT
COINBASE:ARKMUSD
Hello Traders
💥Long position on ARK
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
👾The setup is active but expect the uncertain phase as well.
➡️Entry Area:
Yellow zone
⚡️TP:
0.4330
0.4420
0.4525
0.4645
0.4787
🔴SL:
0.3898
🧐The Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
ARK LOOKS BEARISHIt looks like we have a bear structure for wave B.
A large B wave looks like an ABC or more complex pattern.
We now seem to be in wave b of B.
By maintaining the specified supply, it can move towards the targets.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ARK ANALYSIS🔮 #ARK Analysis 💰💰
🌟🚀 As we can see that #ARK is trading in a symmetrical triangle in 2 days timeframe. Also there is an immediate resistance zone, If #ARK breaks the pattern and also the resistance zone then we will see a good bullish move in few days . 🚀🚀
🔖 Current Price: $0.8460
⏳ Target Price: $1.7270
#ARK #Cryptocurrency #DYOR
ARK/USDT it shows price will be test on demand and will bounce!💎 Paradisers, #ARK is showing promise as a potential coin to watch.
💎 It has encountered rejection at the resistance area, coinciding with the resistance of the descending channel. There's a possibility that the price will test the demand area around $0.767 to gather momentum before attempting another breakout of the resistance.
💎 A successful breakout here would signal a bullish continuation, but confirmation would require breaking through the CHoCH area to confirm a reversal in the bullish trend. If this scenario unfolds successfully, the price could reach our target area.
💎 However, if ARK fails to bounce at the demand area and breaks down, the next support level to watch is the major support area.
💎 This area has historically shown strength in sustaining ARK during downward movements, with consistent bounces upon reaching it, indicating significant buyer interest. If ARK successfully bounces from this level, it will need to break the $0.91 resistance to confirm further upward movement.
💎 Bullish invalidation would occur if ARK failed to hold the major support area and breaks down with a daily candle closing below it. Such a scenario could signal further downward movement in price.
MyCryptoParadise
iFeel the success🌴
ARK/USDT Ready to Capture the Liquidity Above? 👀🚀ARK Analysis💎Paradisers, prepare for a captivating shift in the #ARKUSDT market, suggesting a possible bullish surge from its current demand zone.
💎After a recent rejection from a strong supply zone, #Ark has cleared buy-side liquidity. This sets the stage for a possible downward move before rebounding from the critical bullish OB at $0.764. If LSE:ARK gathers enough bullish momentum, we might see a dynamic push challenging and potentially breaking through the upper supply zone.
💎However, if #ARK struggles to maintain ground within this crucial support zone, a quick strategic pivot might be needed. Here's where Plan B comes into play: we'd then focus on initiating a bullish move from a lower demand zone at $0.68. This level is crucial—if LSE:ARK drops below it, it could indicate early signs of a bearish trend in the market's narrative.
💎Stay sharp and be ready to adapt, Paradisers. Your ParadiseTeam is on watch, poised to guide you through the evolving dynamics of the #ARK market.
#ARK/USDT#ARK
The price is moving in a bearish channel on a 4-hour frame and is adhering to it well. The price has rebounded from the green zone and is expected to retest it at $0.650.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that was broken to support the rise
Entry price is 0.750
The first goal is 0.880
Second goal 1.00
Third goal 1.14
ARK/USDT It required break the resistance for continue upward!💎 ARK has recently exhibited significant market dynamics. Presently, ARK is encountering resistance in its price action.
💎 To regain bullish momentum, ARK must successfully break above this resistance level and reclaim its position. Doing so could signal a return to an upward trajectory, with probability movement towards our target area.
💎 However, should ARK fail to overcome the resistance and experience rejection, there's a likelihood of a retracement towards the support area around $0.98.
💎 When ARK approaches the support area, it becomes imperative for it to rebound from this level. Failing to hold above this support could lead to continued downward movement, potentially towards stronger support zones.
ARK LOOKS BULLISHBefore anything, pay attention to the time frame, it is big and time consuming.
It seems that wave A is over, that the structure of this wave was a flat with terminal C, and now the price has entered bullish wave B.
By maintaining the green range, it can move towards the targets.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ARK is going up after the pullbackARK is going up after the pullback
🔵Entry Zone 1.1062 - 1.1304
🔴SL 0.9734
🟢TP1 1.1648
🟢TP2 1.2564
🟢TP3 1.3444
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Ark / ArkusdtGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
ARK / ARKUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
ARK price at strong liquidity zone, where next ?Ark is one of the few coins that has shown growth today.
Would we buy it now - no, and here's why:
1. The ARKUSDT price has entered a powerful liquidity zone, where longs were recently taken, with the idea that the pump will continue. And now, there is a good chance that the sales portion will increase in the range of $0.90-1.15.
2. The Double Bottom pattern has almost reached its maximum growth. There's not much left to $1.35.
3. After the pump in the fall of 2023, the price of ARKUSDT corrected by -66%, which may have been the bottom. But as practice shows, after a pump, altos can and do correct by -70-80%.
So, in our opinion, from the current ARK price ratio of a possible +40% increase and a possible -50% drop is not the best.
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ARK SHORT SETUPIt has a bearish structure, but we have a bullish CH on the chart and no new L in the last wave.
I have specified the range of supply and also the support area of swap.
We expect to move from supply to swap range.
I also specified the invalidation level on the chart. Closing a 4-hour candle above this level will trigger analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
GAS/USDT Could GAS Break the resistance?? Or back to rejected.💎 ARK's recent market activities have caught considerable attention. ARK has shown resilience by rebounding perfectly upon reaching a crucial support level. Now, ARK is facing a significant resistance area while it traverses a broadening wedge pattern.
💎 A successful breakout through this resistance and the pattern's upper boundary could propel ARK into a substantial upward trajectory, probability making it straightforward to achieve our targeted Bearish OB area.
💎 However, should ARK struggle to surpass this resistance and face rejection, there's a strong possibility that the price could revert to a downward trend, leading back towards the key support area. This could be an opportunity for ARK to gather momentum for another attempt at breaking the resistance.
💎 In the scenario where ARK revisits the key support area, it's critical for the price to show a strong bounce. Failing to do so, and instead breaking down below this support level, could signal a continuation of the bearish trend and potentially lead to further downward movement.