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asuban
Oct 28, 2017 5:47 PM

ARK TRADING AND INVESTING Long

Ark / BitcoinBittrex

Description

I 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.
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