Hello, i usually dont touch shitcoins but ASD catched my attention as it looks insanely oversold even if it is on its way "to 0"
ASD is a exchange coin for Ascendex exchange, its a pretty random pick i came up with as it was worst performing Coin in FTX in recent weeks.
It looks to me that ASD is having a "capitulation" soonish and im eyeing to buy some at 0.02 -...
Setup: Ascendex has been on a long term downtrend and has broken out from its daily support. It is now pulling back to its trendline which is confluent with the 4h 50 EMA and this will be our entry trigger
Entry: 0.21487( 50 EMA)
TP: 0.07826( Next major support)
SL: 1 Atr above the 50EMA at 0.21665
On the above 2-day chart price action has corrected almost 90% since late March. From $3 to 37 cents.
A ‘incredible buy’ alert has appeared on the 1-day chart, which is not shown here because the bullish points are more easily observable on this time frame. They are:
1) Price action has broken out of resistance.
2) A bullish engulfing candle has printed on this...
hello traders
hard to explain why, but usually this token make really wild moves when bull market confirmed, probably it has to do with lower Fees that you get 50% disount with asd tokens, no shorters allowed etc..
so entry: below 0.5
tps: as described
will add to positions
thanks
de
Hello Everyone, If You Like The Idea, Do Not Forget To Support With A Like And Comment .
If You Want To See Any Coins Technical Analyse Put The Name On Comment .
You Can Buy ASD From Gateio Or Kucoin . I Don't Have Extra Sympathy On This Platform/Coin So I Will Use My Strategy And Sell 50% On Every x2 .
Note : Its Long Time Market Dont Allow Good Buy...
Hello Everyone, If You Like The Idea, Do Not Forget To Support With A Like And Comment .
If You Want To See Any Coins Technical Analyse Put The Name On Comment .
You Can Buy ASD From Gateio Or Kucoin . I Don't Have Extra Sympathy On This Platform/Coin So I Will Use My Strategy And Sell 50% On Every x2 .
Note : Its Long Time Market Dont Allow Good Buy...
