Arcblock (ABT) - June 17

Updated
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In the low section, it is necessary to check whether you can get support in the important section of 0.1044~0.1078.

If support is available, it is expected that a new wave will be created.

It is currently located near 5EMA on the 1M chart.

In order for the figure to draw the'U' rather than the'V', it is essential that the figure being supported in the 0.1044 to 0.1078 section lasts for several days.

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Note
snapshot
You need to check if you can get support in the 0.1044~0.1078 section.
Note
snapshot
You should see the U-turn in the 0.1044~0.1078 section.
Note
snapshot
I received support in the 0.1044 to 0.1078 section, and I climbed and touched the 0.1215 point.
You need to make sure you can get support at 5EMA (approximately 0.1098) on the 1M chart.
If support is confirmed, it is expected to rise above the 0.1215 point.
Note
snapshot
If I can get support at the 0.1111 point, I think there is a possibility that it will rise above the 0.1215 point.
Note
snapshot
It fell from 0.1044 to 0.1078.
You need to check if you can rise above the uptrend line (2) or 0.0997 points.
In addition, support is required at either the uptrend line (1) or at the 0.0932 point.
Note
snapshot
You need to check if you can get support in the 0.1044~0.1078 section.
If you get support in the 0.1044 to 0.1078 section, I think there is a possibility that you will get a rise to touch the 0.1625 to 0.1657 section.

After July 3rd (July 2nd-4th), it is necessary to check if it is higher than the upward trend line (2).
Note
(ABTUSDT 1D chart)
snapshot
Below 0.1044~0.1078, I think it is the bottom section.
We need to make sure that we can climb the floor and regain support at 0.1078.

snapshot
Although the market situation is different from the past, there has been a lot of rise in the bottom section.
We need to see if we can climb even half of that rise.
ABTUSDTarcblockChart PatternsTechnical IndicatorsTrend Analysis

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