The coin looks pretty interesting to buy
We can expect another bounce from the current level
You can buy it to hold on SPOT or find the better entry ti Long it.
ASTRUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 1.90 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
#ASTR/USDT is forming the Descending Channel Pattern in 4-Hour TF!
MOEX:ASTR reclaimed the PWL $0.4085. Wair for Previous high $0.427 breakout to open a long position. I am not opening a long until it breaks that level.
The local support level is PDL $0.3835.
💎For over 2 months, starting from the end of June, #ASTRUSDT has displayed consistent upward movement, firmly entrenched within an ascending channel. However, a pivotal development occurred on August 23 when the price decisively breached the upper boundary of this ascending channel. This breakthrough hinted at the potential for an accelerated uptrend....
We are predicting ASTRUSDT to either bottom out, or be very very close to the bottom. In either case the risk/reward setup is exceptionally attractive!
I think there is a cup and handle pattern that promotes positive forward movement
The trade was opened with a tight stop loss to reduce the impact of violent fluctuations in the market.
Entry : 0.059
Stop : 0.054
TP1 : 0.065
TP2 : 0.071
TP3 : 0.077
Fractal is at the decision point, if able to break out the downtrend, next first target is very likely.
If trend is broken but held by the purple line, the downside targets activate.
Here is My Study On ASTR.
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Is ASTRUSDT exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be $86 followed by $85
What you guys think of it ?
The consolidation phase of the market as of this writing simply shows that the market is just waiting for a trigger for NASDAQ:ASTR to blow up as a reaction in the upcoming announcement by Astar Network on the 13th of September. "SUPERNOVA" they it, might make the difference. We don't know the details yet, but one thing is for sure- they won't hype it if its...
💎 On the daily logarithmic chart, yesterday #ASTRUSDT showcased a precise bounce off its uptrend trendline. This behavior is consistent with the bullish trend that has been evident since June.
💎 The demand zone, which is of paramount importance, has remained steadfast. This zone is possibly where bullish traders have been actively accumulating over the past two...
ASTRUSDT was trading descending channel and recently bulls took the charge and has given the breakout from descending channel. Currently the price is retracing and creating the support around 0.060 region.
Will the bulls take charge again continue for leg higher ?
ASTR showing weakness in local top ,expecting to drop 10-15% for coming days . tested fib 0.382 level but didn't hold waiting to more correction then continue upward
📈 ASRTUSDT H4 Analysis 🚀
🔥 Bullish Momentum Alert! 🔥
🔍 Technical Analysis: After a thorough evaluation, it's evident that ASRTUSDT is making a strong bullish move on the H4 timeframe. The recent breakout above a significant resistance level suggests a potential uptrend in the making.
🎯 Confirmation Entry Strategy: The entry decision is supported by the Smart...
