ARK can be bought against BTC at current levels with stoploss and target mentioned on the chart. Strong horizontal support at current level along with attractive RSI levels can lead upto 0.0007650 levels.
Stoch RSI, dramatically Oversold, MACD will cross, maybe give it a few more days, also near to the under BB. 0,5 Fib Lvl givs strong support. Next Level will be 0.00087275 hopefully in the next few days to one week!
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...
This is my first chart published so be gentle. If nothing crazy happens with BTC and it continues it's chop, I see ark rebounding. I think Ark is a buy around the .00074-.00075 area. The RSI on 4 hour and 1 day charts are oversold, and has bounced from this area twice before. Let me know what you think.
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.
ARK has completed a EW cycle, and will rebound on the B wave before a fall on the C wave (yellow line pattern visible on the 1D) Time for a small long :)
The short term downtrend seams to be coming to an end on ARKBTC as it inches up to the 50 EMA, ICHIMOKU CLOUD and and the long term Up trending support, we expect to bounce back to the Uptrend resistance. -4 Hour zone. P.S. The trend is your friend until its not! Happy Sunday.
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.
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
long to about 116k to 122,889 sats however, we might just bump into the 50ma and go sideways.