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
Transaction en cours
Trade is active. 
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.