ASRUSDT
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
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.