As you can see, we technically set a higher low around 2.37 with the wick of the most recent upside hourly candle. It is critical that we break 2.40 within the next 24 hours, otherwise I fear we will lose some of the bulls who are in this for a quick swing trade.
For the record, I am long for over a year now, current average is $.26 =)
I believe we can see...
ABT has had an incredible upside move, but technically we have set a higher low just now with the wick of that hourly candle.
We need to break to the upside and set a new ATH withint the next 24 hours, otherwise we will likely see some more downside.
IMHO so please take any of this with a grain of salt.
For the record, I am long since $.10-$.26 average =)
** requested analysis **
On the above 2-day chart price action has corrected 50% since the sell signal in late January. Now is a good long moment. Why?
1) You know why.
2) Past resistance become support.
3) Support prints on the Fibonacci 0.786
4) Multiple oscillators print positive divergence with price action. On both USD and BTC pair.
Is it possible...
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...
It 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...
Once upon a time there was a legendary coin called $ABT.
ABT was a very Advanced Blockchain Technology token that revolutionized the space with its seamless infrastructure and solutions developed...
Only wise Pleb's had insight in what was going on at $ABT. Many years had passed and nothing ever happened... until that one legendary day...
NYSE:ABT is Drawing a Legendary N Pattern!!
Also Known as The Apple Chart Emoji Pattern!!
This pattern signifies a continuation of the trend.
We are on the Daily Candles!!
Up Up and Away we Go!!
Cheers!
-trad3zz
ArcBlock waves continuing. Know sure thing is doing wonders right now in determining tops and bottoms and when to go long. Looks like we just entered the Long Zone again.
SMI is helpful to know how momentum is going but Know Sure Thing is driving the show.
All Time High incoming!!!
-trad3zz
ABT's impressive Bull Run may be done for now.
Good news for bulls: this Golden fib was PIECED.
Exact turns (Pings), are more likely to end waves.
If it continues to run, then we can observe fibs above.
Drag DOWN on the PRICE scale to see the higher fibs.
I like to sell some coins at each fib, more at the Goldens.
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Micro cap crypto potential AI play. Keep watch of the downtrend resistance. Three perfect touches. Based on volume, I expect that its undergoing accumulation here, and will eventually break to the upside.
ABT is in a flag pole formation. If it continues through the pattern it has the potential to go all the way up to .55 cents (200%) in the next day or two. Get ready. Good Trading.
