AST/BTC TA Update (Long Bullish Pattern?)
AST/BTC
AST is forming a bullish descending channel from its long downtrend since August 2019.
The price is still respecting both tops and bottoms' trendlines.
We can see a bullish divergence on the RSI during its drop last week.
If AST can bounce off again and potentially form a new higher low.
There is a high chance it will break this pattern soon. For now, waiting for the price
to come near the downward trendline resistance but it will take at least 3-4 weeks.
AST is forming a bullish descending channel from its long downtrend since August 2019.
The price is still respecting both tops and bottoms' trendlines.
We can see a bullish divergence on the RSI during its drop last week.
If AST can bounce off again and potentially form a new higher low.
There is a high chance it will break this pattern soon. For now, waiting for the price
to come near the downward trendline resistance but it will take at least 3-4 weeks.
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