ARK looks Ascending Triangle PatternARKUSD looks Ascending Triangle Pattern
wait for escape.
It is good location, because it is above Ichimoku Clouds.
Stoch and RSI are also in a good position to rise,
so seem to low risk and high return.
entry : $7.1 ~ 8.7
stop : $5.8
target : $18.6 ( profit 112% )
ARKUSD trade ideas
$ARK seems ready to close the triangle and try new highs (+30%)ARK seems ready to close the triangle and try new highs.
Two Bearish Cypher PatternsTwo bearish cypher patterns in a symmetrical triangle. Appears a 3rd is setting up for an upswing out of the triangle on the 6th or 7th.
Ark looking bullishwe will see some consilidation till the lead up of the 18th of January , which is when the TNABC conference in miami takes place. Big year ahead
Ark is going to pump!?The resistance is broken and the next candle also made a pullback.
I believe a rally will happen these days.
or safety Stop loss is 7.1363
Watch for the cross ARK might be ready to move upARK looking like upward trend if we get strong cross of EMA
$ARK looks ready for a big up moveSorry for not posting in a long time, i am currently trading alot of cryptos, there are just too many beautiful setups on them not to pass.
Thought to share this one with you. I see some big upside potential, i like the chart technical picture, but also the fundamentals about this project.
Targeting 20$ coming soon.
Please take care in investing in cryptos, they are highly speculative and a very risky asset class.
Don't invest more than you can afford to lose, and this is not an investment recommendation but purely my own opinion, do your own research.
Blessings to you all.
ARK set for further consolidation before another breakout?After the recent spike there are a number of small signs that consolidation may occur before a further break out.
- formation of an ascending triangle pattern
- this pattern is often associated with a contraction in trading volume, indicating consolidation. This is evident in the recent ARK trading volume
- fib extension shows that 0.618 level is currently being tested
- a fall back toward the 0.5 level is likely prior to a further rise
Ark Wave UpdateArk may be in an impulsive 3rd wave.
Entry is on a any retracement towards the mean (13EMA).
Target is 1.618 fib extension.
Stop just below wave 2 low.
Risk reward is 2 :)
Ark Is Breaking Above All-Time HighOn the 14th of September Ark has produced an all-time high, hitting $4.6 mark. Since then ARK/USD has declined slightly and has been in consolidation mode, trading between $2 support and $3.2 resistance.
On the 3rd of November Ark broke above the downtrend trendline, and then above the 200 Moving Average. Clearly, the price started to produce higher highs and higher lows and stayed above the 200 MA consistently.
Looking at the Fibonacci, applied to the corrective wave after the downtrend trendline breakout, the 127.2% and 327.2% resistance levels were penetrated and then acted as support. Yesterday Ark rejected the 327.2%, that is $3.8 and immediately produced an all-time high, hitting $4.95.
As the trend remains bullish a continuation of it should be expected. First upside target is seen at $6.2, that is where two Fibonacci are inline with each other. 827.2%, and 161.8% Fibs applied through Sep - Nov corrective wave down. Only a break and close below the $2.8 could invalidate bullish outlook.
ARK TARGETARK is in the last leg of EW in uptrend channel. 1.618 Fibb extensions match the resistance of the upper trend line so 6.30 USD is probably the end of wave 5 with possible extension to $7.50.
Then the correction to main trend line is very likely.
ARK Long Buy - Crossing ATH PossibilityAs said in the chart, if T/K cross, Chinkou looks good and price goes through resistance of ATH there will be a nice breakout.
Ark new wave paradigm?Hey guys :)
I am a big fan of ARK, wanted to know what you think about my trading idea.
Iits my first posted Chart so please dont take it serious, just curious about your opinion.
Happy trading!
ARK/USD Short Term GainsArk has a nice setup for next next couple of days. Multiple indicators show strong bullish support, and the mobile wallet is nearly complete! I'll be following this one very closely
Ark ready to goARK is developing a tight wedge which is quite bullish.
The mobile wallet is 94% complete and can be released any time.
Accumulate below $3.50 if possible.
ARK Potential 4th BoomPrice may increase massively, at least a gain of 300% if a 4th bull run occurs. ;
