ARKBTC - Build support for next run upWhen the price is moving sideways very well while bouncing off of fib retracements, that's usually a good since. We already have enough support for the price to hold but yet not enough for the price to move upward.
We did see some rejections after the previous run up. Then the price slowly leveled off. We can expect a breakout once it hits the top green line.
Keep track of the order book and volume for the next few days.
ARK
ARKbtc making a push closer toward 80k sats?arkbtc daily... could see a push to 80k sats, especially if btc continues correcting.
For it to happen ARK must breach the big blue triangle, then will be met with resistance at the 162% fib retracement and the upper black channel trendline.
Watch rsi and lagging span closely for this uptrend to reverse.
The 262% (fib with background) and 23% fib2 (no background) look like big resistance in the event of a blowoff
Remain long with a breach out of the blue triangle.. would buy back more at 38% fib retracement (fib1 background); worried if we dip below ( and out of the blue triangle)
ARK/BTC, Ascending Triangle - LongCoin has been on an upward trend with a relatively small market cap.
Strong support is shown by the upward trend line.
On 2 hour charts,an ascending triangle pattern is formed, signalling a buy as this may breakout soon.
1 - 4 hour charts all show similar pattern.
As there is a small market cap, the rally may be strong and give a great gains .
ARK/BTC Trade IdeaArk has retraced nicely back to the 0.618 Fib level, and looks like it has bounce off the support line nicely. If it does bounce from here we can use the longer green line as a base of ascending support. Current support line has been tested twice in the last day or two so if it can pass the blue line (entry point) then it looks a good buy. This will also confirm with me that it's bullish in the bigger picture. If price crosses back under surrent support line, then I can see it heading towards bottom support (~0.00175)
$ARK — it has that name for a reasonI'd say this chart speaks for itself. This coin popped up on Bittrex in the halcyon days of March 2017, back when $ETH was still under $50. It pumped, but like $CRW, didn't go crazy moon-time like $STRAT or $PIVX did. Instead it established the beautiful fractal pattern you see here. The longer they accumulate, the harder they... distribute? is that how it goes? Anyway, it's called $ARK for a reason: you're gonna wanna get on this boat.