FieryTrading

🔥 ASR Bullish Price Action: Gaining Fast

Long
BINANCE:ASRUSDT   ASR / TetherUS
In my previous ASR analysis I mentioned that this coin was undervalued compared to the market. Please take a look at them for a quick overview:



At the moment, ASR has bounced from the support and is quickly gaining back lost ground. Big candles making new local highs and higher lows. This, combined with the bullish switch that Bitcoin made today are for me an indication that ASR will have more gains in the near future.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!

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