chitowntrader23

chitowntrader23

Keeping it simple, just seeing some support and or resistance lines for PAAL AI

chitowntrader23

We saw an incredible move up to hit .05 just two days ago. With the drops clear across the board, this was lost with the bunch and fell. However we look like we found some strong support and possibly ready to move up again, time will tell. Best of luck out there.

chitowntrader23

The 34 EMA (yellow line) has proven to be a very effective indicator for when we see bullish opportunties with ABT. As you can you see we have been respecting a Bearish channel for quite sometime, with a recent break out from the channel and attemps to change course. Time will tell..... Truth be told, I got shook out of about half position due to stop loss/s set...

chitowntrader23

We are continuing in this downward price channel, staying below my typical indicators that would tell me to go long. We are below both the 89 and 34 EMA, so until we can touch those and move beyond with some volume, it doesn't look good for upside. However, sideways action isn't bad either, which could indicate accumulation. Time will tell. I am still long.

chitowntrader23

AERO has shown some incredible strength as of late with a near 100% rebound after finding support down at $.40. We are right in the middle of a pennant that needs to decide if it will turn bullish or reverse back into the downtrend. As always watch for volume and news. Current Support Levels $.84 $.40 Current Resistance Levels $.99 $1.20 $1.36 I am long,...

chitowntrader23

It is a bummer to write this update, but ABT looks to be failing at staying within the bullish channel that it started a few months ago. Unfortunately the entire cryto market is in sell off mode now that interest rates will stay higher for longer than we expected at the start of this year. $2.79 needs to hold as support, but I matter it will only be some time...

chitowntrader23

This is a quick update to my previous post mentioning ABT showing relative strength within this bullish channel. The channel shown was originally drawn a few weeks before we made this move. It is really fun to see how the once resistance level, has now become it's support while we move to the upside. Current resistance sits at 4.74 - past history does not...

chitowntrader23

ABT is in a powerful channel that has been non-stop breaking new highs. this channel was drawn out a few weeks before this most recent upside move. If we can continue to maintain on the upperside on this channel, it would be very bullish IMO.

chitowntrader23 Updated 

As you can see, we technically set a higher low around 2.37 with the wick of the most recent upside hourly candle. It is critical that we break 2.40 within the next 24 hours, otherwise I fear we will lose some of the bulls who are in this for a quick swing trade. For the record, I am long for over a year now, current average is $.26 =) I believe we can see...

chitowntrader23

ABT has had an incredible upside move, but technically we have set a higher low just now with the wick of that hourly candle. We need to break to the upside and set a new ATH withint the next 24 hours, otherwise we will likely see some more downside. IMHO so please take any of this with a grain of salt. For the record, I am long since $.10-$.26 average =)