Lower low on the daily timeframe is what tells me that it will move in the upward direction from here
the market is recovering then why not #ARK
StochRSI is rock bottom and sleeping at oversold
Also MACD is indicating that selling pressure is going away now. another bullish signal
BTC going up, alts are selling and moving into BTC
ALTS are losing momentum and market cap
BTC dominance going up and ALTS dominance DOWN! but until when?
ARKBTC can and possible go down to the price where it started after the initial 1st day drop back in early 2017
Rank to buy; betwen 0.0000265 - 0.0000349
Only for entertaining purposes
WHAT IS YOUR...
ARK's daily chart is looking very good. It's got a nice rounded bottom on strong support. Bullish divergence can be seen on the MACD and it's approaching the zero-line. The price may bounce between these pink and white trends. However, once it breaks the overhead resistance in white, I think the price could really fly.
Here's why I have Ark (ARK) on my list to boom any minute:
Since May 25th, Ark has not seen the bullish trends similar to that of BTC and other cryptos, that could change soon. As shown in the chart we have a general downtrend as well as falling pivot points. With the sudden spike that we saw at 12 noon (6/5/19) in addition to the trend-breaking, positive upward...
it's bullish season for ARKBTC now
please note that, in this analysis used weekly chart, that mean is long term position.
just buy in deep and go away for couple of month, to gain minimum double price targets
i'll update it soon ...
comment me your opinion