ARK/USD is indicating the end of consolidation at this price level. The next price change is going to be upwards and possibly testing $0.20. Giving this trade until Jan 25th to test $0.20.
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 wedge pattern.
This could lead us to...
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!
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Technical analysis:
. ARK/Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.37116000 to 0.26149000). if so, traders can set orders based on Price...
Technical analysis:
. ARK/Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.37116000 to 0.26149000). if so, traders can set orders based on Price...
Ark has created a wedge since Feb 2019. If it behaves classic textbook style then a breakout should be due around the 66% mark of the wedge, which is anytime between now and the next 3 weeks or so.
If it behaves well, expected target could be as high as $1.37.
This would probably happen in combination with alt coin rally as I've been expecting for the last...
Hodl is investing. Only news are going to pump the price. Al time high in $11! so buying in this prices is just excellent. Have a great weekend traders Thanks for the support!
Accumulation zones in 0.30 cents.
Technical analysis:
. ARK/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.559 to 0.426). if so, traders can set orders based on Price Action and...
Technical analysis:
. ARK/Dollar is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 55.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.559 to 0.426). if so, traders can set orders based on Price Action and...
Supply and demand zone with technicals. Third touch of trend-line expecting an extension up with targets of 0.80000000 and 0.90000000 zone and long term target of $1.0000000.
Technical analysis:
. ARK/DOLLAR is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.585 to 0.469). if so, traders can set orders based on Price Action and...
