#Strategy加仓BTC ASTER this wave of market movement is worth paying attention to! After a decline of up to 75% over several months, there are signs of a turnaround today—slightly up by 1.34%. It may seem insignificant, but when combined with candlestick patterns and position analysis, this could be the start of a rebound.



From today's chart, the closing shows a small bullish candlestick with upper and lower shadows. Although the gain is limited, this pattern at the bottom area often indicates that the main force is testing the waters. How to determine if this is a real reversal? The key points are these levels—

If bullish: First, hold steady above the 0.722-0.730 range and avoid falling back below. Next, watch whether it can break through today’s high of 0.760 with increased volume. If successful, there’s a chance to aim for higher targets around 0.780-0.80. Volume is crucial; any breakout without volume support is a false breakout.

Conversely, if the bearish view is valid: the price rebounds and gets stuck below 0.719, then begins to weaken and oscillate. A real danger signal would be a volume breakdown below the 0.681 daily support level, which could indicate a short-term trend reversal to the downside.

The crypto market changes rapidly, and trading opportunities can vanish in an instant. Master these key levels and technical signals, and you’ll be better equipped to seize the rhythm in swing trading. The next move of ASTER will be revealed between these support and resistance levels.
BTC0,56%
ASTER0,88%
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
SandwichVictimvip
· 01-16 15:20
A 75% drop didn't wipe me out, and now a 1.34% increase is starting to stir things up again? I only believe you when it breaks through 0.76 with volume; currently, it looks like a dead cat bounce. Be careful, if 0.681 doesn't hold, that would be true despair.
View OriginalReply0
RunWhenCutvip
· 01-15 10:20
Are you excited just because of a 1.34% rebound after a 75% drop? It depends on whether the trading volume supports it; we've seen too many false rebounds in the air.
View OriginalReply0
ChainDoctorvip
· 01-15 10:18
A 75% decline can't even bounce back, so what are we talking about? Is this really a turning point or just another trap to lure more in? We'll see.
View OriginalReply0
PositionPhobiavip
· 01-15 10:16
75% of the decline has already been endured. Now, who can be fooled by a 1.34% increase? Let's see the volume before making any judgments.
View OriginalReply0
NFT_Therapyvip
· 01-15 09:52
A 75% decline can be recovered, and this bottom is indeed interesting. I'm just worried it might be a rebound trap.
View OriginalReply0
  • Pin