ASTER's daily chart shows some interesting movements. After more than two months, a golden cross has appeared again, but the distance between the candlesticks and the moving averages has widened a bit, indicating that a short-term correction or rebound is needed to restore the relationship between the two.



Looking at the 4-hour timeframe, a consolidation zone has already formed. The next key signals to watch are: first, whether the candlesticks can stay above the 0.726 level; second, whether the fast and slow lines of the MACD can break through the 0 axis. If both conditions are met, a rebound is definitely coming. At that time, close attention can be paid to the resistance around 0.85.

In summary, the prerequisites for ASTER's trend reversal are gradually being validated, and the subsequent movement is worth monitoring.
ASTER-0,46%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
not_your_keysvip
· 11h ago
The golden cross has already appeared, and you're still hesitating. Can we finally stabilize at 0.726 this time?
View OriginalReply0
FantasyGuardianvip
· 12-27 03:47
Golden cross is coming again? I thought the same last time and got caught...
View OriginalReply0
GasGuzzlervip
· 12-27 03:41
The golden cross has appeared, but the gap is so large? Feels like they're setting a trap for us. 0.726 needs to hold steady, or it's just a fake-out. Only when MACD breaks the 0 axis will I dare to act; anyway, I'm waiting for a signal. That 0.85 level will probably be smashed again. This coin has some potential, let's keep watching.
View OriginalReply0
VitaliksTwinvip
· 12-27 03:31
Golden cross appears but the gap is widening, this correction might have quite some room to go --- Can the 0.726 level hold steady? Feels like there's a lot of gambling involved --- MACD breaking the 0 axis is the real signal, it's still a bit early to talk about a rebound now --- It's time to wait for signal confirmation again, can ASTER be reliable this time --- Resistance at 0.85... will the bulls still be able to hold up then --- Gradually verifying the preconditions sounds good, but I'm just worried it might be a false breakout again --- It took over two months to see a golden cross, this pace is really a bit slow --- Holding steady at 0.726 is crucial, if it breaks, then no more messing around --- Is a rebound definitely coming? I think we should first see the K-line return to the moving average --- This wave of trend reversal feels like a test for the bulls
View OriginalReply0
ApeWithAPlanvip
· 12-27 03:26
0.726 If it can't hold steady, just wash it out directly. What rebound hammer?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)