Detailed technical analysis reveals key resistance levels and potential trend reversals in the ASTRUSDT pair. Chart patterns and oscillators paint a picture suggesting an imminent downturn, providing a solid foundation for our short thesis.
Market Sentiment:
In addition to technical indicators, market sentiment plays a crucial role in our decision-making process....
Formation:
The Bullish Head and Shoulders pattern typically materializes after a downtrend. It consists of three key components: a left shoulder, a head, and a right shoulder. These components form peaks on a price chart.
Left Shoulder:
The left shoulder is the first peak and is often the result of a significant price decline. It marks the beginning of the...