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SUMMARY
The ARK of Wealth is within the JAWs of WEALTH!! The Cup & Handle is quite apparent and is impregnated within it and this is reflective of an uber bullish sentiment. My $10.22 target has been hit as had been forecast in this Ark Analysis. The below chart is current and wave 4 is in progress. This means that it'll most likely take the pattern of an a,b,c,d,e triangle and once complete, wave 5 is expected to surge towards $14.50. There is also a very good likelihood of price just busting out of the top line of the Jaws of Wealth and go near vertical! If so, expect the $20s range.
The ARK/BTC pair is showing a triple fractal feature. This is also quite bullish. Three of any bull pattern surely doesn't mean that price is expected to decline! I've raised the target for this pair to 0.00294 BTC and more than likely, it will be easily exceeded!
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
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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Ark of the covenant! Only the penitent man shall pass...Only the penitent man shall pass (Indiana Jones reference)...Upvote if you watched that movie!
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Love that movie
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Someone impregnated the cup and handle? Isn't that an indecent act?
I think this was a test to see how absurb the comments could be, and still collect $200 per post.
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Could you please do an update on EOS?
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EOS breakout
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Well done my friend! Thanks!
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I was HODLing through all the massive drops and glad I did. Monaco on the other hand is getting on my nerve with its waiting game. I HODL after a spike and then it comes back to $14 It's a severely undervalued project with one positive chart pattern after the other behind it.
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Yes I'm bullish on Monaco as well and did you see the beautiful C&H forming? I'm positive that its time to explode is dead ahead!
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Check the 5 mins chart. It's one chart pattern after the other. Mainly C&H and triangles. Monaco is simply the crypto debit card coin with the highest potential. TenX is the only real competition they have.
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I found the 4h chart to show the major C&H, I'm ready! :-) When this is done I'm only waiting for IoTa to be finally done with its correction, feels like forever as well..
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Monaco likes to keep people waiting
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Thank you!
A Month ago it looked a lot stronger.
Do you think if the Bitcoin dominance (marketcap 37%, and below 20% etc.) dips further this will be a good thing for altcoins?
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Absolutely.
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Seem like such a solid project
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Really a good coin. I will hold it for long time for sure. Thanks for the info.
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really shitcoin from top40
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Thanks for the great chart Haejin! Care to do an update to GCR?
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Thanks!
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prediction done good to awesome, thanks
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wealth is the easiest link to prove success
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Thank you sir! Can you please look at nxs?
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good morning ^^
Thank you.
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Thank you.
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wow its amazing.
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good analysis
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ARK is going to the moon! get on board the tesla rocket
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The flood is coming, bring a mate and board the Ark! plus mobile wallet is out.
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oh no, mobile wallet? 500 other coins has it already
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What's your point?
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where you do see this moon?
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Ark is one of the few alt coins that really has a real world application AND has truly devoted developers to it!
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Awesome analysis I hope your right as usual. Thank you for all your work
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Hi @Haejin, Hope you are well and that 2018 will bring you MASSIVE PROFITS. After reading this post I had a question. Do you believe ark has completed its ABCDE correction or that it is just in a strange D wave right now? I am still learning but I charted out what I thought could be a potential path and MAYBE a break out. Any input from such a great teacher as yourself would be great. Thank you! https://www.tradingview.com/x/vCjD2dW8/
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It looks like we have broken out thanks Haejin! Another perfectly timed post. https://www.tradingview.com/x/zWkUvK1h/
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@haejin Can you do an update on Siacoin? Thanks!
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Thanks. You're really helpful.
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ARK of poor , after your post price goes down 20%
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any update of ark/btc pair?
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