Arcblock breaks the 0.30$ level which was a long term resistance barrier, we expect a retest on the same area and then a pattern continuation towards our 2 potential possible targets around
0.83 and the second at 1.75$ level. Volumes are increasing so we expect a trend to continue in the bullish direction!
Good trading
I like to call this chart ArcBlock Growth Waves. We can see it clearly on the 4 hour chart. Following what we can have in the MACD and SMI indicators, (what I call) Sell Wave 1 ended around .47 cents and dropped to .30 cents, a whole 35% move. Then we had Buy Wave 1, where we ran 400% from the top of Sell Wave 1, to $1.60. We just experienced Sell Wave 2. This was...