And yes, it turned out a perfectly evil BULL-TRAP yesterday on $ASTER exactly like I called it.
One thing I have kept repeating over the last two weeks after this token lost the GOLDEN POCKET ($1.25 - $1.31) — this zone becomes the hardest RESISTANCE ZONE there is, at least in my book (not many traders pay attention to this, notice that).
And we had exactly four hard rejections off the GOLDEN POCKET from below, including the one yesterday after #CZ tweeted his BS, which led to massive SHORT liquidations followed by BULL trapping many “SUNDAY traders.”
Prime market “magic,” people getting excited over a tweet while my charts were flashing HIDDEN BEAR OBV and overheated RSI at resistance and after a LIQUIDITY sweep.
The moral of this post is this: maintain your charts well, stay calm, and trust your craft — ignore any sudden hype dramas in coins.
TA-wise, the FALLING WEDGE breakout is technically active and valid, but also a weak one, and it’s being tested at the horizontal SUPPORT zone (91–99c). Losing the 50 MA at $1.08 is BEARISH short-term.
💙👽
