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Arcblock

Arcblock triggering a h&s breakdown on the 4hr chart.If it reached the full breakdown target it will head to 3.12. However being a smaller time frame and a bearish pattern in the middle of a bull market cycle, it does decrease the odds of it hitting the full target. I think 3.12 would make for a solid correction for ABT after making such excellent gains the past few months. I do still think after it finishes this correction it is still likely to hit the full measured move target of the log chart bull flag it broke up from awhile back and that this bear pattern breakdown is simply a correction along the way. *not financial advice*
COINBASE:ABTUSD
by DrDovetail
2
Is ABTUSD already triggering c&h w/a handle only on small TFs?ABTUSD just recently hit the full target of its linear chart’s recent bull flag breakout and in the process filled out this beautifully sculpted cup that I thought would take several daily candles to complete a handle of before continuing to move upward….to my surprise price decided to only let the handle develop on the 30minute-2hr chart before breaking above the neckline. So it is currently now most valid on the 35-45 minute chart…making it far more likely the pattern can be nullified on such a small tie frame, however as of right now it is well on the way to the full c&h breakout target…a few dives back below the neckline especially on such a small time frame are quite possible too before it musters up the strength to hit the full target. If it does hit that target it is well on the way of finally hitting my much higher target of the Log charts bullflag breakout which I will link that idea below. Keep in mind because it is the log chart its measured move target from breaking up from the flag is considerably higher than the one that was on the linear chart. *not financial advice*
COINBASE:ABTUSD
by DrDovetail
ABTUSD Breaking upward from a bull pennantIt looks like it is validating the break upward, full emasured move target can lead to 180% gains from current price range. Of course always possible it corrects all the way back don to the top trendline of the pennant before reaching the full target. If so that’s simply an opportunity to enter at a zone with even bigger gains potential. It could just as easily keep pumping until it reaches the full target as well. If longer consolidation it could take 1 as many as 1-3 weeks to reach the full target also…and then of course a possibility with the least probability as it somehow does a 180 and doesnt reach the full target as all since anything’s possible…but as I said, that scenario is the one with the lowest probability at the moment. *not financial advice*
COINBASE:ABTUSD
by DrDovetail
2
ABT/USD - One more push?Today we are looking at ArcBlock What is ArcBlock?: ArcBlock is a platform designed to make building decentralized applications (dApps) easier. It provides developers with tools and resources to create and deploy blockchain-based apps quickly. ArcBlock features include a protocol for connecting to different blockchains, reusable components called Blocklets for adding functionality, decentralized identity management, and a marketplace for sharing and monetizing assets. Its goal is to simplify blockchain development and adoption by providing a user-friendly platform for developers. Exchanges where you can find ArcBlock: Bitget, Coinbase and Gate.io Targets are on chart and stop loss as well. Bought in at current price. Not financial advice, dyor. Have a chart to share? Feel free to drop it down in the comments! Want me to check a chart for you? Let me know in the comments as well!
COINBASE:ABTUSDLong
by DenseCapital
Arcblock (ABT) - June 17Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- In the low section, it is necessary to check whether you can get support in the important section of 0.1044~0.1078. If support is available, it is expected that a new wave will be created. It is currently located near 5EMA on the 1M chart. In order for the figure to draw the'U' rather than the'V', it is essential that the figure being supported in the 0.1044 to 0.1078 section lasts for several days. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
A
by readCrypto
1