$ASTER is down 2.8% on the day and still up 5.09% on the week, and I'd buy that dip, not run from it.
volume over the last 5 days is running 1.36x the 20 days before it, and the coin is beating BTC by 5.7 points on 7d. a pullback that comes on rising volume looks more like people repositioning than people leaving.
daily RSI is 55, nowhere near overheated, so nobody's tired yet. the screener scored the setup 9 out of 14. that's a good setup, not a perfect one, and I won't dress it up.
the ugly part: the daily MACD histogram is still negative. that's why I'm calling a push back to the recent high, not a moonshot.
$ASTER trades at $0.7452 right now. if it holds the daily EMA20 at $0.727002, I think it grinds back to the 10-day swing high at $0.7815. if it loses $0.727002, I'm wrong on this and there's nothing to defend, and anyone long gives back the whole bounce.
holding $0.727002 or losing it?
follow me for more calls like this.
volume over the last 5 days is running 1.36x the 20 days before it, and the coin is beating BTC by 5.7 points on 7d. a pullback that comes on rising volume looks more like people repositioning than people leaving.
daily RSI is 55, nowhere near overheated, so nobody's tired yet. the screener scored the setup 9 out of 14. that's a good setup, not a perfect one, and I won't dress it up.
the ugly part: the daily MACD histogram is still negative. that's why I'm calling a push back to the recent high, not a moonshot.
$ASTER trades at $0.7452 right now. if it holds the daily EMA20 at $0.727002, I think it grinds back to the 10-day swing high at $0.7815. if it loses $0.727002, I'm wrong on this and there's nothing to defend, and anyone long gives back the whole bounce.
holding $0.727002 or losing it?
follow me for more calls like this.
