ARK looking good on the daily for a reversal but it needs more volume
The next move Ark does will affect its price for weeks.
Oh Arky Arky Arky.... What a horrible downtrend. Honestly, one of the most manipulated coins, next to OKCash. This coin can absolutely crush your nerves, and put you in loss after loss if you are not careful. Fortunately, I've developed a pretty sound method for making money off this dirty little ****. The trick I found is to draw a support line that is a bit...
ARK can be bought against BTC at current levels with stoploss and target mentioned on the chart. Strong horizontal support at current level along with attractive RSI levels can lead upto 0.0007650 levels.
ARK has had healthy natural growth until the OXYcoin ICO started and price was being driven down to reduce payouts www.reddit.com The drive ends in roughly 17 hours at which time ARK could possibly be freed and I think there could be a pretty big climb.
Everything is on the chart, feel free to ask any questions. For more complete analysis like that, simply follow me, I will post A LOT of analysis so you can make money with me ! :) Thanks for your support!
I am riding out ARK for the rest of the year, as of now, i am trying to accumulate as much as I can. Looking for best possible short to accumulate more with my current profits. I will update the chart first thing in the morning.
ARK should bounce back if it's main trend line holds up. Good time to buy