Ark (Bittrex: ARKBTC) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Ark began a wave one advance in March 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in September 2017, and the red wave two (blue sub-waves a-b-c) correction ended in December 2018. If this wave count is correct, Ark should be heading next towards the September 2017 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Ark aims to create an entire ecosystem of linked chains and a virtual spiderweb of endless use-cases that make ARK highly
