Arcs Arx usdt analysis
Daily time frame
Risk rewards ratio >2.5
I guess Good pump for ARX USDT as it's historical movement
ARCS
Downtrend did resume, and what's next?
The chart would be self-explanatory.
Here we are rebounding from FE 0.886.
I marked 1.000 and 1.114, respecting the H & S.
This article is tagged as "short," but beware of possible extensive upside moves. Better be cautious until the candle crosses down the arcs' crosspoint (at least in a lower timeframe).
By the way, this is an update for my most notorious chart.
While my previous analysis has astonishingly been trolled, the chart didn't take care of what they felt-
Like it or not, this is the fact.
USO - Can It Break The Arc? IF 93 can be turned to support, there is some room above. Watch it going into November 2022...
Any touch on the lower arc could be an area to scoop.
EurGbp Buy. Strong buy on ARC SUPPORT Hello traders
welcome again. Here is a follow up with my last Eurgbp daily buy signal which I posted few weeks ago.
Today, we discuss the monthly chart of this pair. And as you can see the market is, as identified, in the 2nd phase which consists of a price channel , and expanding channel and a resistance Arc. Now price is approaching the ARC's strong support where it has been a bullish counter trend. I expect strong bullish reactions on at exactly around 0.8267 price mark, And a tight stoploss on this trade @ 0.82330. This is a counter trend trade so I expect price will be aggressive to the up side if it goes as planned. Price is still a few pips away but trade can be placed right about now.
There is also an incomplete big bearish wave which is forming hence why the pair has been very bearish for the last couple of months(as you can see price retested the channel to push downwards in this case) and this pair making lower highs regardless. And that's why TP(0.864) has been set moderate, ofcourse you can hold long if you wish!
This is just my opinion hope it helps. I have been following most of these pairs for over a year so i've not just come up with this analysis!
Use reasonable risk. But this is also a good swing trade as i expect price to be bullish for the next 2/3 days!!
Good luck. Entry 0.8267
Stop Loss. 0.82330
TP: 0.8678
BUY SIGNAL
EurGbp debunked. Strong Buy signal hello traders
welcome again. Here is a follow up with my last Eurgbp daily buy signal which I posted few weeks ago. Congrats if you took that trade!
Today, we discuss the monthly chart of this pair. And as you can see the market is, as identified, in the 2nd phase which consists of a price channel, and expanding channel and a resistance Arc. Now price is approaching the ARC's strong support where it has been a bullish counter trend. I expect strong bullish reactions on around 0.8267 price mark, And a tight stoploss on this trade @ 0.82330. This is a counter trend trade so I expect price will be aggressive to the up side if it goes as planned. Price is still a few moves away from the buy entry(0.8678) but thought i'd share ahead of this move.
There is also an incomplete big bearish wave which is forming hence why the pair has been very bearish for the last couple of months(as you can see price retested the chanel to push downwards in this case) and this pair making lower highs regardless. And that's why TP(0.854) has been set moderate, ofcourse you can hold long if you wish!
This is just my opinion hope it helps. I have been following most of these pairs for over a year so i've not just come up with this analysis.
Goodluck!!
Market Tutorial: Varying Degrees Investigated with ArcsHello! Well wishes to you!
In this tutorial is seen varying arcs with more - or less - eccentricity. In practical trading terms, the eccentricity would be how much time the arc covers compared to how much price it covers.
An arc covering one days worth of time for a set amount of price would have more eccentricity - making it more oval shaped - than an arc covering an hour worth of time for that same amount of price.
In viewing charts, it can be seen that varying degrees of impulse and corrective waves arise. One way in which these waves can be viewed is by the use of arcs.
First, identity the degree of impulse that is desired. Use the steepest geometric angle - typically the 8x1 - to align the axis of the impulse with. Now, use the newly generated 1x1 impulse as the axis of the arc.
Next and finally, repeat this procedure for any degree of impulse desired.
Geometry: Adjusted Axis, Gann Fann, and ArcsNative chart:
The adjusted axis is gathered from the perpendicular to an axis of price, and the gann fann was gathered using the same slope as the previous descent axis. The arcs were gathered from the vector movement of the previous decline axis.
Suggested Reading:
Law of Vibration - Tony Plummer
Michael Jenkins - Geometry of Stock Market Profits, Chart Reading for Professional Traders, Complete Stock Market Forecasting Course
Scott M. Carney - The Harmonic Trader, Harmonic Trading Volume I, Harmonic Trading Volume II, Harmonic Trading Volume III
H.M. Gartley - Profits in the Stock Market
Bill Wiliams - Trading Chaos, New Trading Dimensions, Trading Chaos 2nd Edition
J.M. Hurst - The Profit Magic of Stock Transaction Timing, Cyclic Analysis: A Dynamic Approach
Fabio Dreste - Quantum Trading
Michael Jardine - New Frontiers in Fibonacci Trading
The Wave Principle, Nature's Law
Ralph Nelson Elliot
Technical Analysis of the Financial Markets
John J. Murphy
A Complete Guide to Volume Price Analysis
Anna Coulling
Mastering The Elliot Wave
Glenn Neely
BTRST Braintrust: 4H Chart ReviewHello friends, today you can review the technical analysis on a 4H linear scale chart for Braintrust (BTRSTUSD).
1) Since the mega price drop a few months ago, the price has respected an Arc Formation with multiple touch points on the Arc. This is a macro pattern, not looking at the hour by hour price action.
2) The RSI (relative strength index) has also been supported by a multi-month trendline. RSI is out of the oversold region and moving up.
3) The dash lines represent areas of resistance if price goes up.
4) As long as the price stays in the Arc Formation, the price has potential to go up.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Short SPY AnalysisNews of the new variant is freighting. Price is finding dynamic resistance within the 78.60% arc. Time inside this arc can persist till February 22, 2022 but is more likely to breach some time before this. It will only be natural for price to find equilibrium through the 50% level. Although put risk is extremely low right now, never go in expecting to much.
ARCS (ARX) is in 182 days consolidation.Hello Traders,
Today I am with another cryptocurrency which has more than 100 days consolidation. I think KUCOIN:ARXUSDT is in accumulation phase and I am expecting 600% return after it gives breakout from this long accumulation phase. Also it looks like ARX is forming double bottom pattern with second bottom is higher than first bottom. Leave your opinion in comment section.
Thank You.
ARX-USDT trading setupI think everything is ready for this coin to give us at least 160% profit.
The recent series of HLs would be a sign of bullishness. It only needs to flip the red dot line and then fly.
BTCUSD clear breakout from a major bearish arc resistanceStrong breakout of BTCUSD out of major bearish arch. Next major resistance, if at all, will be around the previous all-time highs...
Is BTC looking to breakout to the upside of the bearish arc?Previously published a related chart - "Is-Bitcoin-more-bearish-than-bullish-in-the-short-term".
Please note that the bearish arch has been adjusted to the maximum extent possible. Any breakout now is most likely only bullish.
Cliffhanger time!
Can Monero go above $400 by year's end?The touch points in blue to help determine the arc.
If it stays in the arc and goes break through the yellow and blue horizontal line it can potentially going to $400 or more above by the end the year.
Provided there's no crash or big correction in the stock market.
ARX Ready to PopBuy: $0.035 - $0.0375
Stop Loss: $0.0325
Its been down for a while, so if BTC acts accordingly I think it'll pop soon
Is the pullback for Solana (SOL) over yet?If the 20 EMA (daily) holds it might bounce back to a higher target of well above 250, or it might go down to near 100 and bounce back again. The ultimate target looks like it is the same in both cases though...
Is Bitcoin more bearish than bullish in the short-term?Multiple potential arcs with multiple (three or more) touch points in play?
It's InevitableBuy: 0.040 - 0.042
Stop Loss: Close below horizontal resistance
IMO we may need to wait for this area to fill in before we breakout. But once we do it will happen quick, so I'm getting in early.
Setting a tight stop loss just incase BTC does something silly
Sweet Bitcoin Short SetupThe outer blue circle serves as continuous support for this bearish trade. For best use, keep adding small amounts to the net short position on all arc-touches.
We all know that BTC likes to spike, so accumulating a larger short position incrementally may make this a much less scary trade. The only down-shot is if it breaks the bottom at an earlier point, such that you might not get your whole target position in.
Still, I think the first method will work best in this case.
-RoundishPig
BITBAY:BTCUSDT
BITBAY:BTCUSD
COINBASE:BTCUSD
CRYPTOCAP:TOTAL2
COINBASE:ETHUSD
BITFINEX:ADAUSD
LATE NIGHT REVIEWS: A Plethora of ChartsIn this video I just quickly go over all the charts we looked at in the stream today and a couple new ones.
Main takeaway is the bullish divergences on the daily chart, the high timeframe channels, and wedges, and the fun rounded-top/scallop chart.
Hope this was helpful, I just wanted to get these charts out without too many tangents or extra analysis that takes away from the charts observations.
Tomorrow we will do a stream where we look at these again, make changes, and then toss a bunch of indicators around.
SNX 12HR ARCSGann Arcs showing support and resistance for SNX.
This is used to show future major support and resistance lines.
Hope this helps someone!
BTC - Cycle Arcs As you can see these cycle arcs are acting as strong support/ resistance levels.
Once BTC fell off the Support arc it went down hard.
This is a method that I created, not sure if its already exists please let me know if someone else uses it/seen it.
I believe that all commodities have cycles in them, to detect these cycles I use what I call "Cycle arcs".
Its not a complicated process to draw them.
Let me know down in the comments if you want me to do a video on how to draw them.
Like and follow for more!
