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 61.
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...
Target reached for weekly Head and Shoulders. This also ligns up with a strong horizontal support. I anticipate for sideways action with a slow grind up.
Technical analysis:
. ARK/USDollar 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 56.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
Technical analysis:
. ARK/USDollar 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 56.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of...
Last month ARK coin is outperforming significantly its peers like BTC and ETH. In the current low volatility environment it seem there is a nice buying activity for this coin, which can lead to more interesting long term development. Check their site for overview of the progress and roadmap!
ARK has found some bullish movement in the last few weeks and could be potentially being set up to reach $1 very soon. MACD have crossed over and volume has picked up.
ARK one of my most promising tokens for 2019 is finding a stumbling point at the 61.8 and the 0.50 Fib resistance.. Also being held up by the trend line which lies in with the FIB. one we break the trend we will be seeing $0.80 (Pink Box).
ARK has been tightening in this small wedge since 8TH September, Looking to possibly break towards $0.86. Hit a previous low of 2018 at $0.51 and then grew 100% back to $1.01 within 16 days.
Ark has a lot of stumbling point to overcome to reach ATH.. $0.81 and $0.93 are huge mountains to climb, Buying power seems very low on ARK at the moment and a possible $0.52 is in play very much so..
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 51.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is still a...
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 51.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is still a...
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 51.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is still a...
ARK is losing -3.40% in the last 24 hours and its future in the short term looks quite Bearish, buyers couldnt sustain the bull momentum of the previous day and the price is sustained at this time by the Pivot S1. There is a possible short entry if the price touches the uptrend line in the short term and this touch becomes a breakout, from there we could see...
