Description:
According to Dow Theory, the market defines a downtrend when it consistently forms Lower Highs (LHs) and Lower Lows (LLs) — and that’s exactly what #ASTER is showing on the 4H timeframe.
The price has broken below the previous LL, confirming a continuation of the bearish structure. This breakdown gives a strong technical confirmation for a potential short trade at the current market price (CMP).
I’ll be watching for:
Sustained price action below the recent LL
Retest rejection for entry confirmation
Strict risk management to protect capital
Remember, even strong projects experience healthy corrections — #ASTER remains a fundamentally solid coin, but the technical are favoring bears in the short term.
What’s your view on this setup? Are you taking the short or waiting for a reversal signal?
#ASTER #CryptoAnalysis #DowTheory #PriceAction #ShortSetup #4HChart #BearishTrend #CryptoTrading #TechnicalAnalysis #TradingViewCommunity
According to Dow Theory, the market defines a downtrend when it consistently forms Lower Highs (LHs) and Lower Lows (LLs) — and that’s exactly what #ASTER is showing on the 4H timeframe.
The price has broken below the previous LL, confirming a continuation of the bearish structure. This breakdown gives a strong technical confirmation for a potential short trade at the current market price (CMP).
I’ll be watching for:
Sustained price action below the recent LL
Retest rejection for entry confirmation
Strict risk management to protect capital
Remember, even strong projects experience healthy corrections — #ASTER remains a fundamentally solid coin, but the technical are favoring bears in the short term.
What’s your view on this setup? Are you taking the short or waiting for a reversal signal?
#ASTER #CryptoAnalysis #DowTheory #PriceAction #ShortSetup #4HChart #BearishTrend #CryptoTrading #TechnicalAnalysis #TradingViewCommunity
Trade ist aktiv
Trade is active. 
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.