AASTER 1H Technical Analysis
ASTER is forming a clean Double Bottom structure on the 1H chart, signaling potential bullish reversal after a strong downside move.
Price has printed two clear lows (Bottom 1 & Bottom 2), holding the same support level — showing buyers stepping in aggressively.
The key level now is the Neckline Resistance.
A breakout and close above the neckline would confirm the reversal and open the path toward higher targets.
T1: $1.11
T2: $1.14
T3: $1.17
Main TP: $1.21+
Bullish Bias:
Valid only if price breaks and holds above the neckline.
Until then, it remains a potential reversal, not a confirmed trend shift.
Invalidation:
A close below Bottom 2 would invalidate the double-bottom setup and resume bearish momentum.
Overall, the structure looks promising, but confirmation is required before considering long positions.
#ASTER #YodaXCalls #TechnicalAnalysis #DoubleBottom #TradingView
ASTER is forming a clean Double Bottom structure on the 1H chart, signaling potential bullish reversal after a strong downside move.
Price has printed two clear lows (Bottom 1 & Bottom 2), holding the same support level — showing buyers stepping in aggressively.
The key level now is the Neckline Resistance.
A breakout and close above the neckline would confirm the reversal and open the path toward higher targets.
T1: $1.11
T2: $1.14
T3: $1.17
Main TP: $1.21+
Bullish Bias:
Valid only if price breaks and holds above the neckline.
Until then, it remains a potential reversal, not a confirmed trend shift.
Invalidation:
A close below Bottom 2 would invalidate the double-bottom setup and resume bearish momentum.
Overall, the structure looks promising, but confirmation is required before considering long positions.
#ASTER #YodaXCalls #TechnicalAnalysis #DoubleBottom #TradingView
Trade closed: target reached
Target reached +21%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.