ARC
Is ARCUSDT Gearing Up for a Breakout?Yello, Paradisers! #ARCUSDT has been regaining strength after a corrective phase, showing promising signs of a rebound. Recently, the price formed a double bottom, a bullish pattern that often signals a trend reversal. Momentum is building as the price begins to break above this key structure, setting the stage for a critical test ahead.
💎The spotlight now is on a descending resistance at $0.04120, which has consistently capped #ARC’s upside potential. A breakout above this level could be the game-changer bulls are waiting for, paving the way for a bullish rally targeting $0.0510 to $0.0540. These levels align with moderate resistance zones and the double bottom's projected pattern target, where profit-taking might emerge.
💎If the bullish momentum remains strong, ARC could aim even higher, testing the next major resistance around $0.0630 to $0.0650. This range represents a robust supply zone that traders should keep on their radar.
💎On the downside, the neckline breakout level at $0.0370 to $0.03550 is a critical support zone. Any retest here is likely to attract significant buying interest, bolstered by the protective cushion of the EMA-200 and EMA-100. This confluence adds an extra layer of confidence for bulls preparing for the next move.
Patience and discipline are key here, Paradisers. The market often tests both bulls and bears before making decisive moves, so stay vigilant.
MyCryptoParadise
iFeel the success🌴
ARC might do a bit lower before strong next leg upPretty easy setup. If it bounces off 3.618, vamanos. To be monitored with super close stop for maximizing lever.
Either way 8.236 (or more) is the ultimate target for later
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No financial advice, do your own research, don't be stupid
ARC is consolidating before continue its uptrendNYSE:ARC is low-mid size token by market cap which should be in your portfolio if you searching for good #AI projects. By @DeFi_ARC recent AMA, they are going to deploy ARC reactor which should compete with #GPT4 ! This is huge!
Team is active, some crypto twitter influencers which has good reputation like @CryptoWizardd and others are also supporting this project. Price is having a retrace , good moment for an entry now!
Market cap is 94M at the moment 💎💎💎💎
10Y-02Y US bond yield spread completes Ichimoku cloud backtestSince early 2021, the 10Y-02Y yield spread (an early bellwether indicator for a coming US recession) has undergone a long and deep inversion. Fears of economic instability as 10 year yields sharply rose in fall of 2023 eventually subsided as stocks rallied to close the year. However, the year also ends with a sign that another sharp increase in the yield spread could be coming sooner than most suspect.
My Value Plays - AMS | ARC | ASRT | OPHC | TRT | UONEK | EGYAre you on the lookout for some potential trading opportunities? Here are a few notable stocks that could present some interesting trading ideas.
AMS (American Shared Hospital Services) is a company that offers shared medical equipment services. The company specializes in providing state-of-the-art technology to healthcare providers across the United States. AMS has a broad portfolio of products and services that include Gamma Knife, MRI, PET/CT, CT, and others. As the healthcare sector continues to grow, AMS could provide an attractive investment opportunity for traders.
ARC (ARC Document Solutions Inc) provides document management and printing services for businesses. The company offers a range of solutions that help organizations manage their printing, scanning, and document storage needs. ARC's products are especially popular in the architectural, engineering, and construction industries, as well as government agencies. With the move towards digitization and the need for better document management, ARC could be a good stock to keep an eye on.
ASRT (Assertio Holdings Inc) is a pharmaceutical company that specializes in developing and marketing treatments for pain management and neurology. The company's products are used to treat a range of ailments, including central nervous system disorders and chronic pain. ASRT could be an attractive stock for traders due to the growing demand for pain management solutions.
OPHC (OptimumBank Holdings, Inc.) is a banking holding company that offers a range of financial services and products to individuals and businesses. The bank offers checking and savings accounts, loans, and other financial products. OPHC could be an interesting stock for traders as interest rates continue to rise and more people look to diversify their portfolios with banking stocks.
TRT (Trio-Tech International) is a provider of semiconductor testing and manufacturing solutions. The company offers a range of testing solutions for integrated circuits, memory devices, and other electronics components. As the semiconductor industry continues to grow, TRT could be an attractive stock for traders looking for exposure to this sector.
UONEK (Urban One Inc Class D) is a multimedia company that operates several radio stations, cable television outlets, and digital media properties. The company also produces a range of original content and offers advertising and marketing services to businesses. UONEK could be an interesting stock for traders as the media industry continues to evolve and new opportunities emerge.
EGY (VAALCO Energy, Inc.) is an independent energy company that focuses on developing and producing oil and gas resources in Africa. The company has operations in Gabon, Equatorial Guinea, and Angola, among other countries. EGY could be an attractive stock for traders looking for exposure to the energy sector, especially as demand for oil and gas continues to rise.
Volatility expected after clearance of the arcs containing BTC
BTC is trading within a very narrow range.
There may be reasons for the exceptionally low volatility, one of which might be provided by arc analysis.
As can be read from the chart, BTC has been contained in a crosspoint of the arcs.
By scrolling the above chart, it can be seen how well the arcs have served S & R.
Coming out of that area, BTC is expected to slowly recover its volatility, perhaps within a couple of days.
If the arcs are strong resistance, 18K or higher prices are less likely, esp. in HTF.
For the expected upside move, please look at my related idea below.
Another Decending Triangle?
This is the sequel of my related idea .
The arc resistances indicate the possibility that BTCUSDT might experience fractal formation after the breakout of the left descending triangle.
If another minor Descending Triangle is forming, BTC will still trade within the range for a while before the bearish continuation develops to its full scale.
Market Tutorials: Creating ArcsHope you are well!
For this tutorial, the topic is how to create arcs using an angulation method.
First, take an axis. This axis is down to up. Observe and determine whether it fits better as a 8x1 or 4x1 - or 1x8 and 1x4.
Once that is determined, place the geometric angles onto the axis, and use the 1x1 angle as the axis for the arc.
Grab your favorite arc tool such as the fibonacci circles, speed resistance arcs, or the gann box. Place the arc over the image and be sure the arc aligns with the box created from the angulation method.
Tip:
Be sure that the arc is circling the square, so the arc will only tip the edge of the square rather than end inside of it.
The height of the original square to use comes from the height of the initial axis used to create the angulation.
The intersection of the height of the square and the 1x1 is where the arc should tip the square.
The final height and width of the true square comes from the height and width of the arc measured from the horizontal and vertical portions of said arc.
Enjoy! Be well!
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 Williams - 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 Oreste - 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
The Best Trendline Methods of Alan Andrews and Five New Trendline Techniques
Patrick Mikula
Geometry: Ellipses on an Adjusted AxisHey! Hope you are doing well!
In both charts the native resolution is five minutes.
In this example, the ellipse is precisely derived from the angulation of the move.
In this example, the ellipse is derived through various harmonics.
Enjoy! And be well!
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