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EthanTW
Nov 13, 2023 7:43 AM

ASTR target 0.16 Long

ASTR / TetherUSBinance

Description

12h time frame
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ASTR is creating two double bottoms, white and yellow circles which are marked on chart. This is a strong sign of bottom structure. Combining Fibonacci Projection with Structural resistance, we can have three targets as below. However, considering the potential dump of market, ASTR might reach 0.1~0.12 only then pull back with whole market, but we can still expect higher target when bull coming in 2024.
TP: 0.1~0.12 / 0.166 / 0.2
SL: 0.037
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