ASTUSD trade ideas
Buy AST - Strong Accumulation - Low Risk Entry based on PriceBuy AST - Strong Accumulation - Low Risk Entry based on Price
ASTUSD_DailyPrice: 0.14096332
Entry: 0.14096332
Resistance zone : 0.169
TP_LVL II: 0.2
Tp_LVL III: 0.27
SL: 0.084
Expected Return: 41.88%
Risk/Reward: 0.4
AST- low-cap speculation/gamble. Long if weekly S/R lvl holdAs DEXes trading volume approach or even exceed that of centralized exchanges, speculators are pushing up the price of DEX tokens.
AirSwap has the market cap of around 35 millions and is a speculative DEX token that has a lot of upside potential.
Long now or wait until the weekly S/R lvl is successfully retested.
AST/USD
Let's follow triangle.
BTC parity is also important. If the market is green, we expect a large increase
Wave count on AIRSWAPWe can see that an impulsive bullish move was just formed, as well as the bearish corrective wave. This structure will probably follow the rules of the five wave Elliot structure. That means that we are expecting a bullish impulsive move written as wave 3 as soon as the wave 2 that is a bearish correction ends. Waiting for an indication of a bullish action, then taking a long position.
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#AST $AST/USD #airswap daily#AST $AST/USD #airswap daily
Range .023 - .082
resistance test at mean ~ .040
low volume
btc macro trend uncertain
VOL ATR - LONG
RSI MACD normal
next resistance up .040 and then target .082
support at .023
possible tripple bottom
long term long
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thank you, and trade responsibly - this is my idea not financial advice
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AST BREAKOUT! Bull flag?I can't believe this one - a potential trend reversal! Need to see a break up toward $0.55 to $0.65 to confirm this trend.