Extremely undervalued at the moment and based on the Korea FUD, the price has been suppresed, primed for a break out. Previous breakout was broken by the overall downswing in the market but now we are moving back up.
$Ark , Flag Formation and Up Trend
My take of a Elliott Wave Pattern with a repetitive short third wave and a huge fifth wave structure on the USD Price of ARK. ARK could be in a temporary downtrend moving in the drawn channel with lows in the 5.5-6.5 USD range due to Bitcoin Price Action (fall or rise) in the upcoming weeks. When the wait for the release of the network stabilizing and issue...
Ark is making bold moves to break strong resistance. If prices close above the cloud, I expect RSI to enter the overbought region, and prices to rise in a manner similar to the movement seen a few months ago. I would estimate a price increase of about 150%. * Please exercise caution when trading. This is not investment advice
Let the price continue to climb to 09.
LONG up to 6 months for an expected 350-550% gain - Climbing through Kumo Cloud - Bullish MACD - Large bull pennant - Bullish trendline - EMA reversal Ark's most prominent feature set is known to be it's SmartBridge tech that enables communication and interoperability between blockchain protocols i.e. ETH with BTC and BTC with ARK - a holistic approach towards...
Buy on pullback IF it breaks mentioned resistance. Potential 70% in midterm. Target and SL are shown on the chart Risk/Reward: 1/2
Ark is looking really good to me, could be a continuation of the previous cycle where we saw a test pump and retrace before the real show starts. The MACD has reversed upward and movement has bounced off the 200 MA indicating to me it wants to continue upward. Ark has recently released their IOS wallet and is sponsoring a bitcoin conference this month, the...
As soon as ARKUSD will close double digit (above 10$), Long it to the moon.
As we can see 0.00044891 level is a good support backed by the 23.6 fib. Volume is good, MACD is showing signs of upward movement. Our Target here are 1 and 2 as shown in the chart, risk here is very low due to the massive support at 23.6 fib. I am new to trading and TA. Trying to learn, may be I am wrong so, feel free to point out the mistakes. Thanks XD
Following the previous idea on Ark , it has reached the upside target at $6 and continued to move higher. Throughout a consolidation that has lasted from 20th December up until yesterday, the price has been ranging between $9.5 and $6. What is interesting is that previous upside target clearly has been acting as a strong support where price bounced off at least...
BITTREX:ARKBTC Hi! The project in the first received a capitalization of 1 billion dolars. Came out good news about updating the wallet, but I'm more attracted by the technical part of the chart
Ark found the support at 18k satoshi and started to moving higher while breaking above the 200 Moving Average as well as the descending channel. After the breakout price corrected back and first rejected the Moving Average and then the upper trendline of the descending channel, both of which this time acted as a support. With such price action, the uptrend...
ARK has seen a good move up and broke out of its longterm channel. It has retested the yellow trendline and might do that a few more times, since we are quite high up in the RSI. But I'm bullish on ark fundamentally and technically. The first target is on the chart, after which we will probably see a short correction again.