Cryptocurrency Q&A
How to identify ABC pattern?
How to identify ABC pattern?
Eleonora
Sat Dec 14 2024
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7 answers
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I'm trying to learn how to recognize the ABC pattern. I've heard it's important in technical analysis, but I'm not sure how to identify it correctly. Can someone explain the steps to spot this pattern?
7 answers
CryptoVeteran
Mon Dec 16 2024
Detecting an ABC and AB=CD pattern necessitates precise identification of the A, B, and C inflection points on a chart.
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EthereumEmpire
Mon Dec 16 2024
The process of identifying these points begins with locating the key swing highs and lows.
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KiteFlyer
Mon Dec 16 2024
Swing highs and lows are significant because they represent points of reversal in price action.
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OpalSolitude
Sun Dec 15 2024
These inflection points are crucial in forming the basis of the ABC and AB=CD pattern.
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CryptoSavant
Sun Dec 15 2024
The correction waves following these swing points are also essential in defining the distinct swings within the pattern.
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