ASR Cryptocurrency token breakoutASR is Chilliz network fan token
Chilliz price also made good pump and now it can move higher from here
this cryptocurrency setup is also good with 1:4 R:R
Buy : below 1900 sats
Stop : 1680
Target : 2000 , 2150 , 2250 , 2430
ASRUSDT
ASR/USDT Update: Fully reached our >100% TargetASR spiked as expected (a bit higher than expected) and is currently consolidating above previous resistance.
If this previous resistance turns into support one can see this as a good re-entry as shown by the box.
Keep in mind that this trading pair is very illiquid and likes to spike and drop.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
