Updated
AST Rocket Incoming
Bullish Signals:
STOCH RSI out of oversold area
Bullish Ascending Triangle Pattern on multiple timeframes D, 12h, 6hr, 4hr, etc.
RSI Ascending (making higher lows)
MACD Above equilibrium
Volume Increasing
If we break and close above the 200 EMA (in orange) the green targets are to follow
922 S/L
STOCH RSI out of oversold area
Bullish Ascending Triangle Pattern on multiple timeframes D, 12h, 6hr, 4hr, etc.
RSI Ascending (making higher lows)
MACD Above equilibrium
Volume Increasing
If we break and close above the 200 EMA (in orange) the green targets are to follow
922 S/L
Note
Note
MACD just crossed bullish and volume has tripled since the initial posting. Looks like AST is attempting to break out of the ascending triangle formation which could send us to the 200 ema with enough volume.Trade active
Note
First target Hit!! Now we need to close above the 200 ema on the daily chart. Next target is the following green line.
I imagine if we get there we will wick the 365ema in red. Be patient.
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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.