$ARK is a machine. It just bounced off of some support, but could fall still further before rebounding again in keeping with its previous pattern. Either way the trend is onward and upward.
Next month is a important month for ARK. If bear runs out of steam and doesn't break the support line ARK will go to the moon. KEEP AN EYE ON IT
Looks like ark is resuming uptrend from correction. Support level & OrderBlock clear. still expecting a small pullback for confirmation, early entry atm.
ARK has hit some major support around 72k sat. The ARK price has bounced off of .786 fib multiple times as shown on the chart which indicates a strong support. Bittrex order book is slowly building up and the RSI is showing oversold. You can also see that the waves for the RSI are getting lower and smaller at the same time. What to look for: - All thick red...
Ark has seen a nice upward run. As often the acceleration of the upmove (taken Ark out of the upward channel on the upside) also signaled the temporary end of it. Ark fell back in to the channel, all the way to the bottem of it, where yesterday it found support (green oval). The RSI-indicator never came close to oversold condition (not even on the 1 hour...
The price is on trendline, a decent bounce would help to break the down trendline. One can buy now on trendline support with tight sl or wait till the price breaks the trendline. Please play with the SL always.
Bull flag forming on the general uptrend. Entry point after bounce on up trend line (blue) and breakout up from the bull flag. Looking for a strong breakout signal (above average volume, strong RSI) indicating the up trend is resuming.
Everything is on the chart, feel free to ask any questions. For more complete analysis like that, simply follow me, I will post A LOT of analysis so you can make money with me ! :) Thanks for your support!
I am riding out ARK for the rest of the year, as of now, i am trying to accumulate as much as I can. Looking for best possible short to accumulate more with my current profits. I will update the chart first thing in the morning.
could be wrong. but seems to be following a stepping trend.
I am currently going long on ARK. If it decides to break the current support, I will be shorting to buy back at a lower position to accumulate more. Hold if Ark remains on the current trend line. I will update this chart later in the morning.
Copying the previous major growth pattern and applying it to the most recent spike with updated ratios, here's what ARK's future could look like
ARK should bounce back if it's main trend line holds up. Good time to buy