Akshath1994
Long

ARK/USD :- All set to Rocket in 2018

BITTREX:ARKUSD   Ark / US Dollar (calculated by TradingView)
ARK - One of the most fascinating cryptos out there for 2018.Great Team + Great Project + REAL WORK.

Ark is trading within a downtrending channel for the moment and looks like we could stagnate for quite some time before we get a pop back to 10$ regions.

I see us from Daily Support of 2.5 all the way up to 3.2844 for the moment.

Time based Movements to Weed out the Weak are currently in process.


Mar 20
Comment: A failed breakout above the trendline took place yesterday with major volumes.
A Trendline breakout with a positive candle close above the down trendline is of utmost importance for a sizeable price increase.
Mar 21
Comment: Downtrendline breakout has now been witnessed but with low volumes.

Volume Breakout is still pending and what seems to me is that we could be heading back to 3.284 levels where we would meet our first real weekly resistance levels.
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