If this stays in the triangle pattern it should take out these targets at breakout ! Long term upper targets go in excess of 1500%! Always use risk management when following anybody's charts!
ARK literally has mucked around at the bottom for so long. Years. Now it's finally time to wake up. I'm completely and utterly bullish on the entirety of crypto and I plan to share the ideas that I have slowly over time.
Today will be ARK.
I remember back in 2017 when this thing was still a fork from STRATIS and it being one of /biz biggest meme coins, had an...
ARKBTC4H. ARK broken out of trend and now retraced to test it several times and in the process forming a nice Bullflag. Nicely over the 200EMA and good S/L positions for a long trade.
ARK/BTC
-This coin has dropped almost -40% from the high at 5449 sat
-The price has retraced from previous resistance zone
-This area is confluence of the last Fib support which is .786
-if current price market will hold for the next 2-3 days
-There is a chance a temporary bottom will be set around this area
-A rebound back to the 4000 sat is also...
ARK/BTC Forming a Bullish Cup & Handle / Inverse Head & Shoulder.
Both are bullish, inverse head and shoulder may take longer to play out than the cup & handle.
Cheers my friends...
BINANCE:ARKBTC
TECHNICAL AND FUNDAMENTALS ANALYSYS
• MAINNET LAUNCH IN END OF AUGUST 2020 (source: blog.ark.io)
• MACD BULLISH CROSSOVER
• HEAVY ACCUMULATION ZONE FOR ALMOST 1 YEAR READY TO BREAK OUT
• BULLISH DIVERGENCE
• SIMILAR CHART TO ALTS THAT ARE BREAKING OUT NOW
• VERY ACTIVE DEVELOPERS ACTIVITY ON GITHUB
• LOW CAP
Buy for ARK/BTC pair
Very conservative target, much higher possible. Simply adjusting the SL to break even once target level is reached may be more favorable
On 19th of Dec 2019 I posted this article where the price action of Ark with bitcoin was forming a bullish Shark pattern and soon it was expected to enter in potential reversal zone to take bullish move from this PRZ area. Then on Jan 7 the price action entered in potential reversal zone and completed the Shark pattern and took powerful bullish divergence and...
Price action of ARK / Bitcoin is forming a bullish Shark and soon it will be entered in potential reversal zone insha Allah.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00001960 to 0.00001791
Sell between: 0.00002132 to...
Ark diamond top formation, the 'diamond forms after an upward price trend. Breakout is upward' results in a short-term bullish continuation. Very consistent in a bull market with 21/23 Performance rank however in a bear market quite inconsistent with a rank of 2/19.
Blue Zone : Buy Zone
Green Zone : Target Zone
Grey Line : Best Entries
Red Line : StopLoss Area (Set your stoploss below this line)
Leverage : 5x-10x
Price action has tested the previous support where we have seen quite good reversals.
Price action of Ark / Bitcoin has formed a bullish Cypher and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002364 to 0.00002277
Sell between: 0.00002434 to 0.00002600
Regards,
Atif Akbar (moon333)
The price action of Ark / Bitcoin is forming bullish Cypher pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002419 to 0.00002375
Sell between: 0.00002453 to 0.00002536
Enjoy...
The price action of Ark / Bitcooin is forming bullish BAT pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002253 to 0.00002212
Sell between: 0.00002351 to 0.00002498
Enjoy your...
