ARKUSDT trade ideas
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
๐ฅLong position on ARK
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
๐พThe setup is active but expect the uncertain phase as well.
โก๏ธEntry Area:
Yellow zone
โก๏ธTP:
0.4330
0.4420
0.4525
0.4645
0.4787
๐ดSL:
0.3898
๐งThe Alternate scenario:
If the price stabilizes below the trigger zone, the setup will be cancelled.
ARK SHORT IDEAEntry: 0.4951
TP: 0.4063
SL: 0.5086
ARK is nearing to bounce on MA's i plotted and its highly respected also it is near on bearish orderblock, TP orderblocks at 15m TF.
Happy Trading!
But remember the Lord your God, for it is he who gives you the ability to produce wealth...
Deuteronomy 8:18
Buy Trade Idea for ARKDescription
ARK is a versatile cryptocurrency designed to facilitate blockchain interoperability, aiming to create a more connected and efficient ecosystem. Here are the key fundamentals that make ARK a promising buy opportunity:
- **Interoperability Focus:** ARK's core technology enables seamless communication between different blockchains, allowing for greater flexibility and innovation in decentralized applications (dApps) and smart contracts.
- **User-Friendly Platform:** The ARK network provides a simplified blockchain creation framework, making it accessible for developers and businesses looking to deploy custom blockchains without needing extensive technical knowledge.
- **Active Ecosystem Growth:** ARK has fostered a growing ecosystem with increasing adoption from various projects. Its expanding developer community and ecosystem partnerships are driving innovation and enhancing the platform's utility.
- **Scalability and Security:** The ARK platform is designed to provide a scalable and secure infrastructure, ensuring fast transaction speeds while maintaining robust security measures, which supports long-term viability.
With these strong fundamentals, ARK presents an exciting buy trade opportunity for investors looking to capitalize on the growing need for blockchain interoperability and scalability in the crypto space.
Disclaimer
Cryptocurrency trading involves substantial risk and may result in the loss of your invested capital. The information provided here is for educational purposes only and should not be considered financial advice. Cryptocurrency markets are highly volatile, and prices are influenced by numerous factors. Always conduct thorough research, evaluate your risk tolerance, and consult with a qualified financial advisor before making any investment decisions. Past performance does not guarantee future results.
ARKUSDTWhy the price is here?
Because 99% of traders here on tradeview are bullish without any reason. They saw one chart, and put the same chart and think price will go up. ARK has its own pattern with the possible first target of 0,25 usd and with target of BTC of 60.000 usd (with possibility target of 44.000 usd). Dont believe what people post here because they are trying to manipulate others. Every chart on this thread is bullish, it is unbelievable. I think there are many traders who wants to manipulate the market and the emotions of other.
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 ANALYSIS๐ฎ #ARK Analysis ๐ฐ๐ฐ
๐๐ 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 . ๐๐
๐ Current Price: $0.8460
โณ Target Price:ย ย ย $1.7270
#ARKย #Cryptocurrency #DYOR
ARKUSDT SPOT TRADEI write content to the point :
1. Trend line Breaks upward and retested
2. candle close above 0.236 level which is confirmational In candle stick pattern chart.
3. retraced from 0.786 level which is very bullish
Hold in Spot wallet for mid term holding for +100%
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