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ARK

ARK/BTC Cheat AnalysisOh 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 above the average support on the downtrend. As you can see, I have already drawn it to show you. Now after drawing this support line, just buy underneath, and sell above at around 5-10% or when they throw the sell wall back on to manipulate it. That's it. No more guessing. Another good rule to keep in mind with Ark is that if you are near the 24 hour low, it is definitely a great time to buy, because this coin likes to bounce back after reaching new lows. However after bouncing back a bit, whales like to manipulate again after selling off their cheap ark that they purchased whilst manipulating it down. At this time, a great buy on Ark would be around 57,500-58,000 Satoshis, sell price 60,000-62,000. Anymore and you are playing with fire. Tbh I am not hodling for the long term on Ark myself, however I know that lots of traders are hodling it long term in hopes of it pumping again. I don't really see that happening for a while, but I do see it consolidating around 55,000 satoshis especially if the whales keep manipulating it. Long as you buy under the support line of the downtrend, then you should be able to make some nice profits with Ark.
by goneviralnetwork
18
Don't be unprepared when ARK will reverse!!It seems that some of the biggest altcoins (see NEO, OMG and ARK) are correcting quite strongly. To me, those are all awesome buying opportunity, and these are the moments when I wish I had more money to invest. ARK went on a crazy rally from mid aug to mid september, and we all know that the steeper the rise, the harder the fall. That's the reason why correction on ARK is particularly dramatic, and that's the reason why after gains like these you should sell! BTW, I'm talking too much. The point here is that ARK has proven to be a solid coin, remaining strong also when BTC was crashing. So, get ready to jump on the boat, as once the correction will be completed, there'll be another fancy ride. So, given I have a capital of 100 I want to put into ARK, I'd go like this: 25 @ .618 fib retracement (54k sats) 25 @ 47k sats resistance (if reached) 50 at reversal signals (price & RSI downtrend breakout, MACD crossover) Buy the f*ckin dip!!!
by lukescream
Falling wedge on ARKI think we see a clear falling wedge when looking at the 4 hrs RSI on Ark. I used the moving average for 21 days (dark green line) and 50 days (red thick line) to see that the moving average of the last 50 days is still to high when you compare this with the moving average of the last 21 days. Ark needs to break out soon, but only when the moving average of the last 21 days will grow to a higher average then the 50 days average. (so the green line needs to get higher than the red line) If this doesn't happen, it might go down at this moment. Any other views? Let me know, feedback / thoughts are welcome.
by bitenlitecoin
4