Topic: Arctic Coin (ARC), No premine, Evolution over 1 year - page 7. (Read 81837 times)

🔹The price of Arctic Coin couldn’t be unaffected by the rapid #cryptocurrencies fall. Arctic Coin tried to keep key levels for a long time, but still had to weaken its positions a little. Now the whole market depends on how the #bitcoin behaves. I support Tom Lee in his plan and look forward to a thaw in the market and an increase in the price of both BTC and ARC in the coming month.
🔹Financial strategist Tom Lee predicted a "massive outflow" of #cryptocurrency into the currency on the eve of the day of taxes in the US, CNBC reported on April 6.
🔹Lee concludes that "nevertheless, we expect Bitcoin to find support after April 17, the tax day."
🔹Today we will take a look at a two-week graph of the price of Arctic Coin.
Arctic Coin in recent days shows signs that the bearish trend has resumed. Let's analyze the traffic schedule for the last week. W can see on it that the price could not hold at the level of 600 satosh and made a breakdown down to support 550. This in the long term may indicate that the price can test its previous lows.
🔹MACD points to the south and the price chart is below the SMA with a period of 50 and EMA with a period of 20, which also indicates a sell-off.
🔹From the glasses of orders, one can see that the mood in the market is more bearish, since passive sell orders prevail, but in the blue glass there are a couple of aggressive large orders indicating the bullish sentiment of traders on short positions. So it's worth setting out your orders a little below these positions and trying to buy back at 500 as it showed itself quite well and stood up repeatedly.
🔹Resistance level 700;
🔹Support level is 500-550;
🔹Orders for the purchase of 500;
🔹Warrants for sale 650.

Happy mining !

🌎 The situation during the weekend hasn’t changed much, #bitcoin continues its decline, which leads to the collapse of the rest of the market (but not Arctic Coin). There is a negative news background (hacking of the exchange #Youbit).
🌎Today, we  will again turn to a two-week schedule with a two-hour time interval.
Over the weekend, no major changes were observed, well, maybe this is for the better since all those who transferred their assets to Arctic Coin have not lost the #BTC course in the drawdown.
Key #Fibonacci levels have withstood and continue to be key in determining the direction of the trend.
🌎If the market falls further and there will not be any positive news in the near future, support at the level of 600 is unlikely to survive, despite the fact that #MACD indicates that the market is now more bullish.
🌎 Stalks look neutral because both in the red and blue glasses there is an almost equal number of orders for buying and selling + the spread is approaching zero.
🌎An updated analysis on BTC and #ArcticCoin will be given on the webinar on Wednesday, where we will be more detailed disassemble all that is happening.

🌎 Support level 550-600;
🌎 Level of resistance 650-700;
🌎 Orders for the purchase of 550;
🌎 Orders for sale 750.

📌Today, the situation at the #cryptocurrency market looks quite sad, if not to say that it is critical. The market has lost more than 2/3 of its capitalization and almost all #altcoins are in a steep peak down.
📌Chart of advertising #ICO became the strongest blow for the cryptocurrency market, from which the market will not recover soon, if the situation won’t change in a positive direction. But we shouldn’t be upset, because for the trader - the main thing is to determine in which direction the movement is going, and the rest is a matter of technique.
📌Today we will analyze a two-week schedule with a two-hour time interval.
The price of #ArcticCoin is now still locked in a rectangle and is in the flat.  This situation, according to my opinion is quite good, given the fact that the rest of the market is falling chaotically. Arctic Coin can be used as an #asset in which you can wait for this fall.
📌The blue glass looks positive because it has both passive and aggressive buy orders. The red glass is almost empty to the level of 700.
📌#MACD points to the south, and the price chart is below the #SMA with a period of 50 and #EMA with a period of 20, which indicates short-term sales.
📌Now, it is difficult to predict the further development of events, since everything will mainly depend on the further movement of #BTC.
📌Therefore, now the key moments will be monitoring at what level will find the bottom of BTC, and for Arctic Coin this will be the levels of #Fibo, which must either be defended or be violated. This is the level of 23.6 on a 3-month chart, the breakdown of which in the long term will lead to a price uptrend, or level 38.2 on a two-week chart, which will indicate a positive trend in the short term.

📌 Support level 550-600;
📌 Level of resistance 750-800;
📌 Orders for the purchase of 550;
📌 Orders for sale 800.

This is a time of changing🌎The Arctic Coin team is working on update and rebranding for a long time. Recently we have approved the final version of the new company logo, which you can observe with us now. This is the first step towards the bright future of our coin. Very soon we will share more global news regarding our project’s improvement🌟
Follow our news in social media and you won’t miss anything😉

▪️Today we will analyze the weekly schedule with an hourly time interval.
After the formation of the figure triangle, the price of #ArcticCoin was unable to change the vector of its direction and passed into the flat, as you seen on the graph. The price is now traded in the channel 600-700. But there is a positive trend, as the structure of the channel was violated three times and the level of 50% in #Fibo was punched with three remarkable candles of #Marubozu, which is a positive signal for further upward movement.
▪️#MACD is still looking up and the price chart has moved above 50 SMA and 30 EMA, which also indicates positive dynamics.
▪️Once the price breaks above 750, it will be possible to open positions with stop losses at 850-880 for maximum profit.
▪️The main indicator that will play a key role now is the volume, which will undoubtedly soon grow due to the active work of the team, and the release of the mobile application.

▪️ Support level 550-600;
▪️The level of resistance is 750-800;
▪️Order for purchasing 600, (650) for those who are more aggressive;
▪️Order for sale 850.

🔹 The price of Arctic Coin has finally begun to show a positive trend, and after the price has felt to its historic low, the expected rebound has risen to a resistance level of 800, which was broken. Subsequently, the price even reached the next resistance level of 900, which coincides with the level of 61.8% in #Fibo, which indicates that buyers still have an interest in buying in this range.
⠀🔹 A key level of support is still the mark of 600 #satosh, which has been repeatedly established.
⠀🔹 Now the price forms an upward triangle, the breakdown of which is likely to happen upwards, as the price has already tried to break through and is likely to try again.
⠀🔹 The blue glass of orders is well backed by passive orders starting at level 550, in a red glass the situation is completely opposite and bulls can easily reach the level of 700 as large orders on the way are practically absent.
⠀🔹 #MACD finally looks up and there was a breakdown of the #SMA 50, which also gives all the chances to the bulls to resume the upward price movement.
⠀🔹 Now the most correct decision will be to place your purchase orders closer to the support (600) and place small orders for sale in the area of ​​700-750.
⠀🔹 Support level 550-600;
⠀🔹 Resistance level 800;
⠀🔹 Purchase orders 600;
⠀🔹Orders for the sale of 700-750 (small volumes).

💠The price of #ArcticCoin has kept a key level and didn’t go below the 600 #satosh mark, which looks very positive against the backdrop of the overall #cryptocurrency market decline.

💠Today we will continue to work with a two-week schedule, but only with a two-hour interval.
Price has broken down the descending triangle and passed a short 50 #EMA, which is a positive signal, but the momentum was too small for the price to radically change the vector of its movement.

💠The price of Arctic Coin is likely to continue its movement in the 600-700 satosh channel, in which we will trade in the near future.
Glasses of orders on different stock exchanges are filled in different ways and here we have an excellent opportunity for earning by arbitration between exchanges as the commission for input and output #ARC is very attractive (0.1 ARC) for withdrawal. Now traders really have aroused interest in the area of ​​600 satosh and it will most likely be upheld to the last by both passive and aggressive buy orders. Strong level of resistance is the mark of 700 satosh, which meets the level of 23.6% expansion in Fibo.

💠Indicators.

💠 #MACD shows mixed signals, but in the short term there are signals about purchases.

💠The price schedule is still below 200 EMA.
The volume indicator in comparison with last week began to show a positive growth dynamics (an increase of 2 times), which indicates the interest of #traders to the asset, a further increase could provoke quite a good growth.

💠 Support level 550-600;
💠 Level of resistance 700;
💠 Orders for the purchase of 550-600;
💠 Orders for sale 680.