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 before we lose that threshold as well. As always I hope I am wrong and see ABT back into the $4's and beyond one day.
$2.79 needs to hold as support, but I matter it will only be some time before we lose that threshold as well. As always I hope I am wrong and see ABT back into the $4's and beyond one day.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.