ARK is a strong coin. Do some research.
If we look at previous ARK BTC movement (representative example in the yellow rectangle on the left) we can expect this scenarios. The black curve is the consolidation in both cases.
Red are the main trend lines where we can expect suport. So I see as the most possible scenarios violet and orange arrows. Light blue I see as a typical bubble pattern. Worst scenario is more consolidation under the main red line. It can happen even with strong coins, look at STRATIS charts.
I will probably accumulate some ARK in the yellow square near main trend line and if it goes below it, some more at the blue suport. But this is not an investment advice, do your own plan.
If we look at previous ARK BTC movement (representative example in the yellow rectangle on the left) we can expect this scenarios. The black curve is the consolidation in both cases.
Red are the main trend lines where we can expect suport. So I see as the most possible scenarios violet and orange arrows. Light blue I see as a typical bubble pattern. Worst scenario is more consolidation under the main red line. It can happen even with strong coins, look at STRATIS charts.
I will probably accumulate some ARK in the yellow square near main trend line and if it goes below it, some more at the blue suport. But this is not an investment advice, do your own plan.
Comment:
ARK is going like predicted. Light blue arrow is in play. I've bougth my partial position at 46k. Second I will at around 37k