Ark looking good on the daily for short and long term returns
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...
First time drawing charts. Any feedback welcomed.
After flat we will break the descending triangle. daily chart while 2 weeks
-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...
$ARK seems to have a little dip. Hopefully a good entry point.
Consolidation inside of a pennant pattern showing break out with a continuation of the previous bullish trend from before consolidation. Bullish RSI divergence, as well as a bullish MACD divergence on 3h/4h candles. Please note the text boxes - the wave 4-5 target are only if the wave 3 stops at 1:1 Fibonacci extension (which I marked as the sell zone for wave 3).
ARK/USD is being heavily accumulated during the flag part of this bull flag. additionally, it has incredible fundamentals (DYOR). target level is labeled on the chart. note that this is the minimum target; FOMO tends to be strong during these kinds of movements.
Price target $4.22, potentially could set up for a full retracement in the future but the price target, for now, is just $4.22.
ARK has been testing various trendlines in recent history. Here are a few possible patterns I see in the coming months. There is a possibility for reversal at the previously-established line, but my opinion is that it will break out of the converging lines, and go up to new heights from there. A few features from the dev team are at 98% completion, so the release...
I see good potential for ARK this morning. We had a nice reversal candle back at the beginning of this month and have experienced positive growth since then. ADX line is gaining strength as we head into an ascending triangle. If we see a rise in the positive directional indicator of the DMI with a clean break of the resistance at $3.20 I think it will be a good...
ARKUSD is in the verge of breakout. Breakout can be either side, but based on the trend of ARK movement from $2 to $3.3 , it would break the upside.
A good spike in volume but not enough to get through resistance levels, false breakout? Usually, false breakouts occur right before the real breakout or reverse entirely. MACD seems to show that it won't reverse as its turning upwards and RSI bounced from the 50 level. When the RSI passes and bounces over the 50 level it signifies an uptrend could be in the works...
Ark is looking good it's close to a very old fib support level, daily chart is oversold, things are looking good, wait for the cloud crossing(complete close above and staying there) it means we are in a longer up trend