We can clearly see that after every bounce from the support line ARK has formed a new bullish cycle and new ATH. Now we are once again going downwards to the support line while moving in falling wedge. Keep your eye on these bounces inside the wedge trend lines. Targetting new ATH after we confirm bullish cycle. My guess is that ARK will reach 0.00360 this...
Currently ARK is dipping through the trendline that it has established over the past 7 months. Much like in the previous two legs, it's retraced down to the .786 Fibonacci line around the same time that it's touching this trendline. In the past, from the lowest point before the beginning of a new leg, it has taken between 1 to 3 weeks to establish a new ATH....
After successful break out channel down, price retest the break out and it is in accumulating right now, preparing to next jump with three target.
1-48238
2-52064
3-max target at 60241
This is basing on TA. Use your stop lose and money management.
ARK hitting 78% retracement fib zone of the last move and wants to open hourly candles above the 10day moving average. Good potential for a quick 30% pump
Depending on the next turn of MACD indicator ark could breach resistanceline at 0.00045 and continue droping or reach supportline at 0.00047 wich would make a nice short term profit.
Fairly new to the cyrpto scene but here is my prediction for ARK prices. Looking at the previous patterns that the ARK market has had, I suggest ARK will continue this pattern. I had my own buy orders at around 0.0006 and 0.00050, we found support at around the 0.00045 level (even with the BTC rise). Within the given month ARK will reach somewhere between 0.0018...
Practicing, and learning, I would say it looks like there might be a rising wedge, But Im not confident in the movement. It might just be a "block buyer." If it does break out. might see another Jump. into the resistance areas. My target marked with an overlaping-square.
Timing might be a bit short. and this does not factor in any company news or political moves. Also. this is not advice. I am studying and applying what I am learning, So in no way is this a forecast. But should price action support my charting then I have a buy/sell strategy in place.
ARK BTC IS GETTING READY FOR LIFTOFF. Los Angeles 4:08 PM.
ARK is set up for a nice run up to the Target Positions. Pick your targets carefully. Just because I lay it all out for you doesn't mean its going to hit all four targets. Macd on the 1 Day chart is about to cross over the signal line with lots of room for growth to the upside.
RSI needs to break 50 to...
I drew this chart about a week ago. Looking at the past few weeks, we have created a downward pennant and today we have just broke out of the pennant. We could see a trend reversal as long as the channel holds.
If this trend holds we could potentially see a decent return from this buy. However, before we break out more we should be seeing ARK going back to...
Last night as ARK began to recover a Sell Wall was placed to force the price back down, as has been done numerous times over the past few weeks. I've captured one section of the Sell Wall in the Bittrex Order Book and have highlighted where in chart the sell wall occurred so that others can see the effects of this manipulation. I've also highlighted a previous...
