AASTER has broken out from the FALLING WEDGE but so far it's been a weak breakout. No volumes and likely put in a LOWER HIGH at $1.15.
Staying away from this, just bearish structure despite two BULLISH chart patterns, the wedge and the DOUBLE BOTTOM. Still, this WAVE 4 is expected to hit $1.44 before further collapse.
On-chain metrics are showing some $2M daily FEES, and it's the fees that will be decisive in the next #Buyback so keep an eye.
Some BEARISH OBV & RSI divergences flashing on the HOURLY chart, btw.
#ASTER has become a bit toxic these days, and the charts have been reflecting this thesis.
👽💙
Staying away from this, just bearish structure despite two BULLISH chart patterns, the wedge and the DOUBLE BOTTOM. Still, this WAVE 4 is expected to hit $1.44 before further collapse.
On-chain metrics are showing some $2M daily FEES, and it's the fees that will be decisive in the next #Buyback so keep an eye.
Some BEARISH OBV & RSI divergences flashing on the HOURLY chart, btw.
#ASTER has become a bit toxic these days, and the charts have been reflecting this thesis.
👽💙
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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.