this chart presents a long-term outlook for ARK/BTC . if the next fractal is similar in structure to the previous two (and it should be), this is how things will likely go. target level is labeled; hypothetical support after the next big move is also included. additionally, notice how each big move, the next 786 fib level lines up with the previous 236 fib...
I would like point out few important things I found on the chart. We witnessed 3 major waves (not Elliot's) during the past year. Every wave finished with nice spike yellow circles. Every wave correction finished before or very close to Fibonacci level 14.6%. Every time it get close to this level double or even tripe bottom was formed which I marked with blue...
Ark just bounced off of the long-established support, indicating a new iteration of the previously established pattern. Expecting huge increases in price in the upcoming months, especially with upcoming announcements of finished features in the team's roadmap NOTE: This analysis is for my own purposes, and should not be intended as financial advice
Hit trend line and under-valued. Set your own SL below trend line. Lets go.
ARK is a very promising project, active team, nice concept and most importantly, DPOS coin. You don't know what a DPOS coin is? Delegated Proof of Stake it means, you put your ARK coins in the wallet, you vote for a delegate of your choice, and this delegate is giving you regularly more ARK coins. If you do the math, that's around 20% passive income yearly,...
This chart looks particularly tasty. Price is touching the trend line which has served as strong support since ARK started trading in Bittrex. Oversold Stoch RSI and favorable MACD, makes me think ARK's moment will happen soon, given the position in the triangle. My personal target will be around 0.00050 sats.
ARK is moving along a descending triangle. All indicators tend to a uptrends on the 4h TF
Seems it is in middle of a-b-c retracement. Also 1d and 3d RSI looks good.
I think ARK is one of the best projects out there and it has remained a bit under the radar. Well....no longer! Lol or at least to me it seems that is a possibility. I think the time for ARK to head back to higher levels is upon us. They have a lot of news coming out in the near future and this is a project that could easily move up quite quickly. I love the risk...
-This is a Medium-term chart based on support and resistance levels and Elliot wave theory. -Ark has recently broken out of the long-term resistance, which now can act as a support. -This along with Fib support and the long-term trend line mean Ark is most likely to bounce to AT LEAST the 1.0 fib line, where the target is located. -In the longer term (you can...
December is going to be an interesting month in the fact that the price is about to hit a major trend line (blue). Just looking at the history we can see that when the price rides along the trend line, the MACD levels off at around 0. And that is what it looks like we might see here. I'm looking for the price to ride along the trend line again and then another...
ARK, as so many alt coins, has done a deep retracement after a major bull run (0.887) and now has broken out of this downward channel. At his point, It looks like it is an a pennant and either we will see the start of wave 3 here, or ARK might go down again towards its previous low. Looking at the RSI on the daily, it seems more likely that ARK will break out...
Ark found support at low in channel, sharp spike in DMI signals DMI trading opportunity buy @ 0.00035- 0.000365- profit level at 0.00050 and above
bullish divergence mobile wallet release in early december.
MACD is about to cross and RSI curve headed up. Good entry point for now.