Consolidation inside of a pennant pattern showing break out with a continuation of the previous bullish trend from before consolidation. Bullish RSI divergence, as well as a bullish MACD divergence on 3h/4h candles. Please note the text boxes - the wave 4-5 target are only if the wave 3 stops at 1:1 Fibonacci extension (which I marked as the sell zone for wave 3).
ARK/USD is being heavily accumulated during the flag part of this bull flag. additionally, it has incredible fundamentals (DYOR). target level is labeled on the chart. note that this is the minimum target; FOMO tends to be strong during these kinds of movements.
Price target $4.22, potentially could set up for a full retracement in the future but the price target, for now, is just $4.22.
ARK has been testing various trendlines in recent history. Here are a few possible patterns I see in the coming months. There is a possibility for reversal at the previously-established line, but my opinion is that it will break out of the converging lines, and go up to new heights from there. A few features from the dev team are at 98% completion, so the release...
I see good potential for ARK this morning. We had a nice reversal candle back at the beginning of this month and have experienced positive growth since then. ADX line is gaining strength as we head into an ascending triangle. If we see a rise in the positive directional indicator of the DMI with a clean break of the resistance at $3.20 I think it will be a good...
ARKUSD is in the verge of breakout. Breakout can be either side, but based on the trend of ARK movement from $2 to $3.3 , it would break the upside.
A good spike in volume but not enough to get through resistance levels, false breakout? Usually, false breakouts occur right before the real breakout or reverse entirely. MACD seems to show that it won't reverse as its turning upwards and RSI bounced from the 50 level. When the RSI passes and bounces over the 50 level it signifies an uptrend could be in the works...
Ark is looking good it's close to a very old fib support level, daily chart is oversold, things are looking good, wait for the cloud crossing(complete close above and staying there) it means we are in a longer up trend
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.