ARKUSD trade ideas
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.
ARK trying to break outARK has steadily climbed right back up to it's old IPO highs at around 4.50 from .03.
We need to break this resistance to see a new leg higher.
It has consolidated since September sideways under that level until bouncing off the upward sloping trend line, a bullish sign.
The longer we consolidate under this level, the stronger the break out might be. We want to be long over a strong break out of those old highs at 4.5 on good volume and if we hit overbought on the RSI.
Long over old highs around 4.5
Stop under 4.00
Target 6.74 (161.8% retracement of September to October consolidation range)
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MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
Successful trading means proper risk sizing and trading small so you can stay in the game.
ARKUSD Bullish Wave in playIt seems that we are in middle of Wave 5 in play.
Ark is a high potential token that can possibly be in top 10 very soon.
there is also a penant in play that has been consolidating.
This one might take a while to pump, but it will get there
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.
ARK - trading strategyI'm a rookie trader so don't take my advice.
This will be my trading strategy for some months ahead.
Sell in red area - buy in green area.
this ark is going to placesark might be THE project in the cryptocurrency market. it's price performance has been stable but meh. where it belongs is definitely top ten. on one hand you have a useless shit called bitcoin cash with a market cap of 30 billion usd, on the other hand you have one of the most valuable projects on planet right now with a market cap below one billion. I think the price will EXPLODE.
ARK, long opportunity!Stop-loss: 2.25 $
Take-Profit1: 3$
Take-Profit2: 3.25$
Take-Profit3: 4$ / Long term
Aggressive (high risk) Ark Buy On Bitcoins recent slump investors are likely to seek lower market cap Bitcoin alternatives with long term growth prospects (Monero, Dash, Ark, Neo, Etc, Lisk, Ether, Gas). Expecting ARK to 5X by the end of 2018.
Strong Impulse move coming! Rhombus TradingTriangle has been formed on ARK Coin, now watch for the strong break out. Could happen any moment from now
ARKUSD 4H Long Hidden Bullish DivergenceThe ARKUSD 4H chart shows a hidden bullish RSI Divergence: Price is forming higher lows while RSI shows lower lows.
Trade entry: right now, or to add an extra confirmation - wait until the red-dotted trendline will be broken.
Target: Resistance at 3.09341
