PolarHusk

AST/BTC (Potential Double Bottom?)

BINANCE:ASTBTC   AirSwap / Bitcoin
BINANCE: ASTBTC


-AirSwap is testing previous support area for potential Double bottom reversal
-If AST can hold the current level and see a breakout of the resistance trendline
-It will signal a strong reversal in the midterm and may target up to 2100 sat
-But if the market price failed to hold, it will likely to test previous resistance at 992 sat
-The 900-1000 sat is a strong confluence or High demand zone for the Buyers to enter
-But until the trendline resistance is not broken, Bears is still in control
-So please don't just jump into the trade without planing



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Comments

Nice analysis
Reply
@ojima, thanks!
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