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Cold Blooded Charter
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The
$ASTER
LIQUIDITY pool I talked about has been swept nicely up to $1.31, was that the fake-out/LIQUIDITY HUNT only?
💙👽
Cold Blooded Charter
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The $1.28 - $1.33 zone is the SWEET SPOT in terms of BEAR liquidations in $ASTER on #Binance .
It's a @CZ coin. Connect the dots. Beware of a fake breakout above $1.3.
👽💙
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ASTER
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+2.23%
578
0
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Day 8 in this $XMR long position ($374) and obviously this is my only leveraged LONG. My first TP was placed 1% below the INVERTED HEAD&SHOULDERS target ($475) and missed by $5, literally - so unlucky, as the new ATH was established at $470. The DAILY chart is still in WAVE 5 and we've seen yet another HIDDEN BULL RSI divergence (horizontal lines; 5 out of the previous 6 of these divergences led to rallies and RSI crossing above 90). Currently RSI = 75, a bit overbought but with enough room for a solid rally. The 4-HOUR and 8-HOUR charts also show the active WAVE 5 with two most probable targets: $477 and $549. So, my 3 partial TAKE PROFIT levels remain: $475, $544, and a moonbag. STOP LOSS strategy has been adjusted a bit: I'm going to manually close in 3 parts below the 50 MA ($333 atm and rising = a superb dynamic SUPPORT). #Monero is an asset I'm currently the most bullish on - and have been for weeks, as you know. Nothing has changed. 👽💙
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The $1.28 - $1.33 zone is the SWEET SPOT in terms of BEAR liquidations in $ASTER on #Binance . It's a @CZ coin. Connect the dots. Beware of a fake breakout above $1.3. 👽💙
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As far as $ASTER on-chain numbers, weak. Fees have been stable, around $2M a day or slighly below, no real changes, the OPEN INTEREST/perp VOLUMES have fallen by 15%. 👽💙
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$ASTER has been very strong relative to the crypto market as a whole — no aggressive sell-offs during the general bloodshed, just steady sideways trading through the mayhem. That’s actually very BULLISH, as assets that outperform their sectors during panic sell-offs are usually the ones that outperform during relief rallies or trend reversals. On the 8-hour chart, even more BULLISH news: the second FALLING WEDGE has just broken out (targeting $1.69), giving us two active BREAKOUTS — and that’s quite rare. The 50 MA at $1.05 is turning bullish and has been acting as the key SUPPORT. Close candles below it, and my BULLISH thesis gets a proper re-evaluation. There’s still too much immediate hard resistance overhead — I’ve talked about this zone multiple times, and nothing changes until #asterix flips $1.3 into SUPPORT. VOLUMES remain weak, and both BREAKOUTS had low volume as well. Always a solid red flag as far as I’m concerned. Keeping my SPOT bags intact. NEUTRAL/BULLISH outlook mid-term. No new positions, it's just sideways, but a bigger move is coming soon. 💙👽 #DEX on-chain numbers, and a LIQUIDATIONS heatmap: in the comments👇
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