ARKBTC trade ideas
ARK about to bounce on major trend and reach previous highEverything 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!
ARK ABC then upAfter hitting the Ichimoku base line support then the Fib retracement .7, will go back to the lower support then up
ARK Long ZoneThe short term downtrend seams to be coming to an end on ARKBTC as it inches up to the 50 EMA, ICHIMOKU CLOUD and and the long term Up trending support, we expect to bounce back to the Uptrend resistance.
-4 Hour zone.
P.S. The trend is your friend until its not!
Happy Sunday.
$ARK - Status.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.
$ARk did fly as expectec, might correct a little now$ARK suprised me really.
A while ago, I picked this one although I didnt see any real indications on the charts (see link below),
This morning I tweeted that it might make a correction as it reached my blue box, but it kept going! This changed my previous pattern.
It reached 1.618 fibo extension exactly and I'm (again) awaiting a correction before we continue the ride to (5).
Check the RSI, same pattern as before when it corrected. Not sure if it gets to (4), pretty sure it will reach (5).
In case we get a correction, I will update when to look for new buys.
Happy trading!
$ARKI am currently going long on ARK.
If it decides to break the current support, I will be shorting to buy back at a lower position to accumulate more.
Hold if Ark remains on the current trend line.
I will update this chart later in the morning.
ARK pattern repeat??Copying the previous major growth pattern and applying it to the most recent spike with updated ratios, here's what ARK's future could look like
arkbtc buy zone on box. sitting on cloud support short term target is top of cloud if breaksout from cloud will continue upward movement
ARK long, if we can break the 20ema and 50ma on the 1h chartlong to about 116k to 122,889 sats
however, we might just bump
into the 50ma and go sideways.
Will Ark beak-out soon? I think soI think we see a falling wedge and one or two small dips before the break-out will appear. All feedback is welcome! :)
$ARK Gonna' Break out soon.I expect $ARK to have another run at ATH soon (if $BTC doesn't do anything silly)
Ark double top reversal - 2 target pricesARK/BTC is showing a clear double top reversal right now. notice the lower volume on the 2nd top. two target prices are labeled in the chart.
same thing happened with OmiseGo recently and this is how it played out, though there's no guarantee.
fundamentals of this coin are very promising, so it wouldn't be a bad idea to buy at one of these target prices.
ARK / BTC broke ATHDont buy in now. Keep an eye on the Trendline. Hard to predict if ARK is falling down for Correction.
Next Entry at Triangle or breakout again trough the downtrend line
ARK - end of wave V, time for some profits?For starters, I am still learning how to plot out these TA charts so take anything I say with a grain of salt. if you see any flaws in my reasoning, please let me know so I can improve for next time!
Undoubtedly you have seen ARK surging high this weekend and into today.
zooming out a bit, you can clearly make out some nice flagpole action going on.
III held its fibonacci target like textbook at the 1.618 before falling in line and finding enough momentum to shoot up into V which we are currently in.
Looking at the 1 day RSI and Stoch RSI, we can see we are high in the cycle, which usually predicts a reversal of sorts is imminent.
To be honest I did not fully expect Ark to rise this high, I had my personal target at the early 80's so everything right now feels like bonus (any suggestions on how to properly predict the end of this stretch are more than welcome!)
I'll be liquidating some of my ark and will be looking at a re-entry after the correction. I am expecting a long correctional wave as high buyers will be holding on to their stock, probably experimenting with ARK's staking protocol.
Let me repeat, if you spot any flaws in my reasoning please let me know. only way to learn is by talking to people who are better at this than I am :)
happy trading!
