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.
ARK is on a 4 hour TTM squeeze watch, and we're approaching the apex of the symmetrical triangle; this is a continuation break pattern, so we should continue the upward trend.
According to the analysis, ARK should touch the resistance zone (65k sat) to 05.02. The forecast will be correct, if serious news about ARK or BTC does not follow.
Let's see, I've never done breakouts before.
BUY AROUND $6.30 IF PRICE CLOSES OUTSIDE OF TRENDLINE. BUY AROUND $5.70 IF PRICE PULLS BACK DOWN.
ARKBTC handled the recent crash extremely well and landed on the lower trendline of this channel. Should see 1.618 extension of the dip as shown in the chart. Long and Strong. 2018 is the year of the cross chain coins
I'm just getting into crypto technical analysis and decided to publish it to get feedback. If you have any opinions please let me know. Target 1 = 0.0075 Target 2 = 0.00865 Targets are based on a divergence pattern that looks to be repeating itself. BINANCE:ARKETH
With $ARKBTC we see huge profits being made and taken each time it breaks out. 4x , 2.5x and 6x profits are huge. After every profit being taken,a correction is required for higher highs. Buy ladder,again,is a must.
ARK HAS BEEN PRETTY WELL DURING THE PAST FEW MONTHS! ARK HIT MY TARGETS TO THE T. I EXPECT ARK TO KISS THE FIBONACCI REGION "61.8% " BEFORE MOVING TO ALL TIME HIGHS AGAIN! I ALSO EXPECT TO SPIKE DOWN AND MEET THE 200 EMA BEFORE REVERSING UPWARDS! WORST CASE SCENARIO WOULD BE A SPIKE DOWN TO 78% FIB AROUND THE 2.5-3.5$ REGION AND REVERSING TO ALL TIME HIGHS AGAIN
Hello my friends, ARK keeps showing bullish trends even during the cryptocurrency bearish trends from last days. Support zone was not broken. This is a 7 to 10 days operation. Buy- between 0.000470 and 0.000495 Target 1: 0.00051700 Target 2: 0.00054350 Target 3: 0.00057000 Target 4: 0.00059920 Target 5: 0.00062900 Target 6: 0.00066045 Because it is a week hold...
If support holds, Ark might follow the pipeline up.
ARK provides users, developers, and start-ups with innovative blockchain technologies. They aim to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases which make ARK highly flexible, adaptable, and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want and developers...
We are near the support of the uptrend channel where $ARK moves. - The MACD is in the overselling zone. - The volume is low, which indicates little interest in the sale during the correction. Now that we see that it increases when testing the red support line, we could consider an entry. The profit potential is very high in the short term
Mindblowing volume!!! catch the dip!! if you would buy some, I'd suggest to hold for 1 - 3 weeks or more.