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DEX wars > I trade the charts: $ASTER
It has been really interesting the last few weeks to see all the madness with the DEX wars on CT.
$HYPE already broke out from the short-term falling wedge and just tapped the $50 area.
With that said, I don't think CZ will leave things like this for too long, and the ASTERUSDT chart already looks primed to rally.
@Aster_DEX has been dropping for 30+ days and was down -62% from the last all-time high.
This makes it a pretty decent correction in altcoin terms, so now I'm looking for local bottom confirmations.
Inverse Head and Shoulders being printed, with first confirmation above the $1.17 area and for the more conservative, above the $1.31 area.
The setup is pretty clean, so I'm just waiting for the confirmation to pull the trigger. This is a 1 to 4.5 RR, but most likely I will close partially along the way.
P.S: Don't be a nobhead, this is not a paid post. I just like the setup and thought to share it here as well, besides the many other trades I share on ParadigmShift discord weekly.
Onwards🫡