Hi guys, ARK looks promising, touching the trendline on the bottom and a below 30 RSI on the day chart. Started a new position the past few days and waiting now for the uptrend to develop. Good fundamental news ahead for ARK, so there should be enough fuel to drive the price. Three targets: 1. on the resistance 2. old ATH 3. 1.61 fib line Taking profits on two...
Upside looks really good on ark since it's so close to regressing to the linear trend. Placing buys near orange lines, targets near green lines.
If drops then arc has support at .00029 and .00021 Just a tech analysis not any kind of financial advice
Support is holding matching with volume profile. Guppy are compressing. Possible new ATH in may.
ARK has been a very longterm hold for me. They have a very good dev team and strong fundamentals, I suggest to do some research if you are unfamiliar with ARK. During the alt cycle in December, many alts reached new ATHs. However, ARK failed to do so. Looking at its previous bullrun, I feel like we have only seen the beginning of new cycle in the last few months...
Dear traders and investors, I've been on long 4-5 week break after not taking any for 3 years. Though it was unfortunate that whilst I was away (in China), Cryptos went through an agonising correction to which I was unable to react. With that being said, I'm confident in the long term fundamentals of blockchain technology and will take the volatility into...
Ark holding support well. Target @ .00049 or coloured fib levels.
Ark has come to good support level, i dont thing so it will go down anymore. Hard long make good profit because Ark will be the coin of 2018
BUY: 3657 - 3721 Satoshi SELL: 3888 - 4123 - 4314 - 4504 Satoshi STOP-LOSS: 3582 Satoshi Join on my Telegram Channel @kripto_koin (t.me) for more Technical Analysis , Coin Events and Information about Big Pumping coin on Binance and Cryptopia Exchange.
I think, ARK will remain neutral and consolidate around 45k Sats in the short term. The market needs to make a sustained move above today’s high and above the 50-Day EMA in order to confirm whether the recent rebound off 45k is not just a corrective move of the downtrend from the January 25 high but rather the start of a bullish phase. The RSI is still in bearish...
Ark is one of the most under rated project to me and I feel it is going to do much better in future when they're fully on track with their project. So far they have fulfilled every single promise as per their roadmap which shows that the team is fully dedicated to their project. Anyway, let's talk about the price analysis of ark vs btc and possible price forecast....
ARK had a great break out towards 11 USD / 75.000 sats in the beginning of January 2018 before the big correction. Assuming that the BTC price is somewhat stabilised for the time being I think now is a great time to accumulate more. Having the best looking wallet, POS algorithm and an active dev team indicates fundamental strength of the project (and the token)....
Ark seems to follow downward trend, waiting to pick up some around the 0.4 level.
Chart updated after the correction of tuesday 28th.
The daily RSI and Stoch RSI are in symmetrical patterns. This will break one way or the other soon. A whale just bought up a large part of an order book, and the price was sold right back down to where it started. Watch for a break of this triangle. I would only enter a position on volume confirmation.