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Ark / BTC

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ARKBTC trade ideas

ARKBTC ascending triangleARKBTC is showing a good resilience to BTC latest movements, bouncing from a strong support at 30k sats. It forms a bullish ascending triangle, which could indicate, if enough volume is there, a breakthrough through the ~38k sats resistance and further upwards movement. Also, we could argue that it has formed a cup with handle pattern inside the triangle, which can also be taken as a bullish sign. ARK has a good dev team, which posts frequent updates on project development, and with some of its roadmap goals near completion, it could provide a needed spark for the breakthrough. Of course, always keep in mind BTC volatility until 14th of November.
by Sky_lunat1c
ARK breakout and retestARK just had a breakout and retest of trendline. following the 1 to 5 wave setup. target for leg 5 in charts. If you like my posts and want to support me please use my ref links below and give me a thumbs up, you can also follow me on twitter at twitter.com Deribit: A reletively new European (Netherlands) based exchange. Atm only $BTC futures and options. Soon $ETH as well. Still in Q4 $BTC and alt spot trading starting with erc20 tokens and more alts to follow. Super low fees, maker fees are even -% so you get payed! Super fast trading engine, no fucking lags! www.deribit.com Bitmex: Gives 10% discount on fees for first 6 months! www.bitmex.com Bitfinex: gives 10% discount on fees for first month! www.bitfinex.com
Long
by Iambart
1
Ark, 2 ways to go, and looks like Stratis in the spring.This time, great moment to go up or down. Personally, I bet up 70% in my viewpoint. And at the 30% of possibility, it would go down. When seeing market capita, It seems to be top. But many coins are locked, so regarding supply and demend theory, we should not our own psychological top area. Hence, in the daily view, it would be great not to close trade until it brakes trendline. ***news : Smartbridge, ACES (that could be linked to another coins, which are associated with atomic swap, lightening network and DEX.)
Long
by KLYP_Investment
Long-Term ARK TradeCurrently ARK is dipping through the trendline that it has established over the past 7 months. Much like in the previous two legs, it's retraced down to the .786 Fibonacci line around the same time that it's touching this trendline. In the past, from the lowest point before the beginning of a new leg, it has taken between 1 to 3 weeks to establish a new ATH. Should it follow this pattern and if today is the low point, we may see a new ARKBTC ATH as soon as Nov 7th. Additionally, each ATH has seen about twice the gain over the previous ATH as the previous ATH had over the previous-previous ATH. Should this pattern hold, we could see ARKBTC as high as .0023 at the next ATH (which even I have trouble believing). Credit to @VentureCoinist on Twitter for spotting the setup.
Long
by Kintak
3
ARK TRADING AND INVESTINGI think that Ark is near the end of consolidation. It's at around 78% Fibb ratracement from last bullish swing. I will enter now with 30 % of money, if it goes further down I'll add another 40 % in the blue box around 35k SAT. After the reversal is confirmed I'll add the rest. No stop loss here, because I'm long term bullish on ARK and I think it's a good coin. Short term Target 1 is at 60k where I sell 1/3 for 40% profit and Target 2 is at 85k where I plan to sell another third for 90 % profit. The rest I'll leave for a long term investment. This is my plan and not an investment advice for you.
Long
by asuban