The Price structure on ASTER is completing a potential Leading Diagonal pattern for Wave (I), a structure that typically marks the end of an early impulsive phase and the start of a much larger trend. The chart suggests we’re in the final wave of this formation, with market compression signaling an explosive move ahead.
A breakout above $2.4427 would confirm completion of the diagonal and trigger the next bullish impulse, targeting $6.2285 in the medium term. However, a breakdown below the Immediate Area of interest near $1.7224 would invalidate the structure and expose the price to a deeper correction into the $0.80–$1 main demand zone for re-accumulation opportunity.
At this stage, the market is coiled tightly momentum is building, and the next decisive move will define direction. We should remain patient and let confirmation guide positioning.
Action plan: Watch for a confirmed break above $2.4427 for long activation, with stops below $1.7224.
Do you agree with my findings on this coin? Share your thoughts in the comments, and don’t forget to like and share!
A breakout above $2.4427 would confirm completion of the diagonal and trigger the next bullish impulse, targeting $6.2285 in the medium term. However, a breakdown below the Immediate Area of interest near $1.7224 would invalidate the structure and expose the price to a deeper correction into the $0.80–$1 main demand zone for re-accumulation opportunity.
At this stage, the market is coiled tightly momentum is building, and the next decisive move will define direction. We should remain patient and let confirmation guide positioning.
Action plan: Watch for a confirmed break above $2.4427 for long activation, with stops below $1.7224.
Do you agree with my findings on this coin? Share your thoughts in the comments, and don’t forget to like and share!
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Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
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.
📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
📩 Contact: t.me/WESLAD
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.