ARK: Second Touch of Bottom Trend Line Could be Bullish!
SUMMARY
Since June of 2017, ARK's been movements have been bound by the top and bottom lines of the broadening pattern. This coin's recent touch of the upper blue line was brief with multiple attempts to breach it. Since then, the abc three waves have returned the price to the lower trend line and there it currently sits. Notice how wave C pierced it but returned the price right back inside the broadening pattern. This is bullish and as price currently is sitting on the trend line as support, the white Elliott Waves outline a potential pathway to a new all time highs.
Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--
good ark!! fight!
ARK of Wealth!
It's great to see ark rising back up. This is definately one that we should be watching. Good info. Thanks
!+ great team (regularly in touch with ARK's enthusiast)
!+ amazing example of working DPoS - high-efficiency mining, no energy wasting
!+ cool wallets
!+ you can track ARK's progress on their official webpage (regularly updated)
!+ working products
!- not so attractive goals, I spent some time reading whitepaper and discussions and I finally came to a conclusion that ARK's good investment
Congratulations! this article receives points.
We paid:
That can only be good news. Thanks for the heads up @haejin
But hold your finger crossed , when turn things turn out otherwise your not emotionally invested , dissappointed is very bothersome
The indicators as @haejin here shows are encouraging, but i agree....It is not always the rule. And you have to tread cautiously. Thanks @durzo
The pleasure is mine
Great indepth analysis again you impress with each post dude
very well post. and allso helpfull post for steemiter...thanks you...
Coins mentioned in post:
I hope it'll be like you said. Markets are interesting these days