$ASTER has just had a perfect drop to the GOLDEN POCKET.
I have added to my spot holdings.
Hands up if you are a buyer on this correction👽💙
$ASTER has been rejected again in the resistance zone I had marked on my chart for a week, since the double top ($2.12 - $2.18).
In fact, the last low ($1.515) was made exactly on the last September 4-hr candle, and today we saw a local high at $2.28, without a close above the ZONE.
So, here is how this asset should be traded in my opinion. 3 ways to enter a long or buy more spot:
1) play the resistance zone BREAKOUT after closing above $2.2. This would most likely mean that #aster is attacking the ATH ($2.43, most of LIQUIDATIONS right above ath).
2) wait (position yourself) at $1.88 - $1.90 (Fib 0.5 retracement, which is a 50% correction of the latest upswing). That level is dynamically supported by the mini-GOLDEN CROSS directly below (20 MA crossing above 50 MA).
3) use the GOLDEN POCKET ($1.78 - $1.80) as your opportunity to catch a wick down. I personally doubt it that we will see prices below $1.80 again, but I certainly hope so. Need even more spot.
Whatever you do, if you sell your spot, it will become your nightmare for years, I think. 💙👽
In fact, the last low ($1.515) was made exactly on the last September 4-hr candle, and today we saw a local high at $2.28, without a close above the ZONE.
So, here is how this asset should be traded in my opinion. 3 ways to enter a long or buy more spot:
1) play the resistance zone BREAKOUT after closing above $2.2. This would most likely mean that #aster is attacking the ATH ($2.43, most of LIQUIDATIONS right above ath).
2) wait (position yourself) at $1.88 - $1.90 (Fib 0.5 retracement, which is a 50% correction of the latest upswing). That level is dynamically supported by the mini-GOLDEN CROSS directly below (20 MA crossing above 50 MA).
3) use the GOLDEN POCKET ($1.78 - $1.80) as your opportunity to catch a wick down. I personally doubt it that we will see prices below $1.80 again, but I certainly hope so. Need even more spot.
Whatever you do, if you sell your spot, it will become your nightmare for years, I think. 💙👽
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ASTERUSDT
Διην.
1,8297
-10.39%