If we look at the chart, we can easily see the Ark`s upside potential. it`s been trading sideways for 2 years now.
The indicators are quite bullish on this one.
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Whatsup Guys , i hope you doing well.
Another one for you , keep in mind that nothing what i post on Tradingview is an Financial Advise.
Dont go crazy , Don't go 100x 200x , don't gamble , only invest.
Stay Safe , wash your hands , keep distance and keep investing in your own future
💎Technical Analysis Summary💎
-ARK is now testing key support area around 2600-2400 sat
-This region is a confluence of previous resistance and support
-What ARK needs to do and try to form a base of support
-Wait for any reversal patterns like Double Bottom
-RSI divergence can give an early signal of weakening selling pressure
-This is the 1st...
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The area below the 0.34815620 point is the section that formed the bottom as a mid- to long-term investment area.
Therefore, you need to make...
-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's price action this past week against BTC has been very bullish. Since breaking above the daily MA200 in May, the price hasn't looked back. It also broke above two key trends in green and blue which have kept the price at bay for a year now. If the price can manage to stay above support, ARK may be poised for some very big gains.
-the price reached the weekly resistance area
-and currently facing a profit-taking action
-cross ultimate indicator signal Buy priority last May 22nd
-I do not recommend to buy at this stage
-wait for the price to consolidate
-look for reversal sign that the trend will continue up
-good levels to watch is between 3500s-3200s
-it is quite looking bullish weekly candle
-the price is had cross above the neckline resistance
-including the weekly 50ma
-this is a good sign of trend change
-if the candle closes green
-it will signal a confirmation breakout
-the upside target is up to 4100s or higher
-stoploss is placed under 50 week MA
ARK/BTC Has seen multiple crazy pumps in the recent history, and it never ended well. The price just came completely down again after reaching the top directly after a massive pump. I don't see any reason why this time it will be any different.
This is more a warning than anything else, don't FOMO buy into these assets after you missed out on the pump.
Hello traders, we have detected a potential bullish continuation forming on ark/BTC over the last few days after breaking out of the falling wedge earlier this week, where we indicated our premium members to take a position; as of now, over +7% in profit. Technicals are suggesting that a bullish continuation is likely as we are now sitting above most key moving...
I think this is a great long entry. The price action is in a falling wedge and is testing overhead resistance. Bullish divergence can be seen on the daily MACD with a bullish cross over the signal line. The price could fly from here. I'm entering now.
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.
BITTREX:ARKUSD is a Conviction Buy.
Analysis Method: Fibonacci & Wave Theory
ARK - ark.io
ARK (ARK) is a project that offers a suite of tools to create an ecosystem of interoperable blockchains. Using the Delegated Proof-of-Stake (DPoS) consensus algorithm, ARK's network is secured by delegates, who are appointed by ARK token holders through voting....
We had a nice pump out of a falling wedge that has been forming for a very long time
Since then price has retraced and may seem like a dump at first, but if you use FIBS and look more
closely we can see that price has retraced to exactly the .618 fibonacci zone (golden zone) and has
already started to hold support here.
If this holds we could easily go higher...
The first Elliot wave that brought ARK from pennies all the way to ~$12 seems to have been completed.
My subway count leads me to believe that this ABC pattern is valid.
This weekly candle finishes in a few hours and looks very likely to finish off strong.
We also have a very strong break out of the smaller downwards...
This post mostly focuses on the subwaves of the ABC corrective wave
the 12345 for the A wave is shown
the ABC that makes up the B wave is shown
and the 12345 that makes up the C wave is also shown
let me know if you guys believe that this is correct!