Arcblock ABT/BTC with a bearish deep crab pattern
Hello traders, it appears ABT/BTC is now forming a bearish deep crab pattern on the 1D chart.
The measurements for a valid deep crab are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.24 - 3.618 (D point falls short of the minimum requirement, but I'll see how this setup plays out)
X to D: 1.618
I'll be expecting the price to stall out from D point, keep this setup on your watch list.
Look to the CD line and compare it with Stochastic RSI below. amazing line I called it "300 men line" because of a big jump 300% from C point
go now and look for bearish deep crab pattern and the "300 men line"
thumb for more trading inspiration :)
Hello traders, it appears ABT/BTC is now forming a bearish deep crab pattern on the 1D chart.
The measurements for a valid deep crab are detailed below.
B: 0.886
C: 0.382 - 0.886
D: 2.24 - 3.618 (D point falls short of the minimum requirement, but I'll see how this setup plays out)
X to D: 1.618
I'll be expecting the price to stall out from D point, keep this setup on your watch list.
Look to the CD line and compare it with Stochastic RSI below. amazing line I called it "300 men line" because of a big jump 300% from C point
go now and look for bearish deep crab pattern and the "300 men line"
thumb for more trading inspiration :)