ARKBTC
Possible LONG ARK Position (First Analysis)I'm just getting into crypto technical analysis and decided to publish it to get feedback. If you have any opinions please let me know.
Target 1 = 0.0075
Target 2 = 0.00865
Targets are based on a divergence pattern that looks to be repeating itself.
BINANCE:ARKETH
ARK / BTC - Bullish trendHello my friends,
ARK keeps showing bullish trends even during the cryptocurrency bearish trends from last days. Support zone was not broken. This is a 7 to 10 days operation.
Buy- between 0.000470 and 0.000495
Target 1: 0.00051700
Target 2: 0.00054350
Target 3: 0.00057000
Target 4: 0.00059920
Target 5: 0.00062900
Target 6: 0.00066045
Because it is a week hold i will not use a Stop-Loss. Even with BTC dip and altcoins going down, ARK will eventually rise soon or later. If you use Stop-loss, set it to 0.00042300 or 0.0004, since these are the 2 past support zones.
POTENTIAL MOVEMENT OF + 60% FOR THE NEXT WEEK ARK/USDWe are near the support of the uptrend channel where $ARK moves.
- The MACD is in the overselling zone.
- The volume is low, which indicates little interest in the sale during the correction. Now that we see that it increases when testing the red support line, we could consider an entry.
The profit potential is very high in the short term
Clear patternI am not the first one to pinpoint this pattern, there is nothing original in my post, but it is so obvious that I felt like encouraging everyone to accumulate some ARK before it moons.
Amazing coin and the delegated staking works great. They already released the Android wallet but I was expecting a stronger reaction in the price back then.
This could be the last chance to accumulate a considerable quantity that allows you to stake some nice rewards.
I missed the DASH nodes and sometimes (dreaming of course) I like to think that this is my DASH chance :)
ARK re-breakout and long run, first target is 11.5, then 12, 18Extremely undervalued at the moment and based on the Korea FUD, the price has been suppresed, primed for a break out. Previous breakout was broken by the overall downswing in the market but now we are moving back up.
ARKBTC break out pointthis coin has so much potential
if u google it u find out how technically they are great
Elliott Wave Pattern 3x on 5th might repeat by midlate FebruaryMy take of a Elliott Wave Pattern with a repetitive short third wave and a huge fifth wave structure on the USD Price of ARK.
ARK could be in a temporary downtrend moving in the drawn channel with lows in the 5.5-6.5 USD range due to Bitcoin Price Action (fall or rise) in the upcoming weeks.
When the wait for the release of the network stabilizing and issue fixing Ark Core V2 and implementation of ACES comes to its final days a rerun of the pattern might occur.
Longterm remains Bullish as further down the road, probably during next wave 3 and 5 of the Elliott Pattern ARK releases and implements Push Button Deployable Blockchains and ARKVM which will lead to wide distribution and spiking volume.
Goal >$28 by Q2 2018.
ARK/BTC Potential Cloud Break and 150% RiseArk is making bold moves to break strong resistance. If prices close above the cloud, I expect RSI to enter the overbought region, and prices to rise in a manner similar to the movement seen a few months ago. I would estimate a price increase of about 150%.
* Please exercise caution when trading. This is not investment advice
