New support was recently found around $3.33. The Simple Moving Averages on the 4 hour and 6 hour charts are both crossing at $3.64.
$3.64 also acts as a resistance point on the hourly chart as shown below.
Huge resistance is coming around $3.70. The next major is at $4.00.
A close up on the 4-Hour chart shows a gap that must be filled around $3.95.
Zooming out to the , we are on candle number '7' out of a '9' candle trend.
Hopefully after this '9' candle-trend to the downside is complete, ABXX shareholders should see bluer skies ahead.
I do not give financial advice, but you can see my earlier, more in-depth analysis of ABXX & ABXXF under my 'Related Ideas'. I do adjust trend-lines and other info as the chart changes.
I really like this FinTech company, it's team, and their mission. This a great play for investors like me who are interested in:
Blockchain technology & Tokenization
Mining, Precious Metals, LNG (Liquified Natural Gas )
I try to follow the smart money. I am long ABXXF.
You can view the newsletter here: https://gritcapital.substack.com/p/the-a...
Abaxx has blue skies ahead.