ASTERUSDT Perpetual Contract
Long
Updated

ASTER - Abnormal Correctional - Special Circumstances

455
When Elliot Wave Theory was first conceived, and even added upon in more modern versions, they didn't envision a 24 hour market. In fact, they have special exceptions specifically for markets where leverage is rampant and different time zones lead to differences in liquidity (Forex for example).

Though ASTER is highly liquid, it also ahs been welcomed with open arms to many leverage markets, this wave-count is also being on on the Perpetuals chart vs the spot chart, personal choice.

I feel the exact count may be off (May be a complex WXY + more) but the end result is the same, we've bottomed/near bottomed and will slowly consolidate higher.

Wave-Count Confidence: Weak/Below Average
Trade active
snapshot
Heavily added on this recent low level. This is about to rip to $2.50 easily.

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.