As ASTER approaches the critical level of $0.69, my trading plan is as follows:
If ASTER truly reaches the support zone of $0.69, I will patiently wait for two signals to appear simultaneously — a bullish divergence on the RSI indicator and a bullish signal on the price side. Only when both conditions are met will I consider entering the trade.
Of course, risk management is also important. If this key area is effectively broken, I will continue to observe and wait for the next opportunity. Trading is like that; sometimes, doing nothing is the best choice.
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.
21 Likes
Reward
21
5
Repost
Share
Comment
0/400
MissedTheBoat
· 01-09 13:33
0.69 this threshold does have some significance, but to be honest, I've heard this double confirmation theory too many times, and in the end, it still gets broken through...
View OriginalReply0
DAOdreamer
· 01-09 09:35
I'm also watching the 0.69 level, just worried it might be a false alarm again.
View OriginalReply0
fomo_fighter
· 01-08 15:00
Is the 0.69 level really that sacred? It seems like someone is always guarding it every time.
The probability of both divergence and price signals appearing together... forget it, I'll just stay on the sidelines and watch.
Doing nothing is truly the highest form of trading. I just get too easily tempted.
View OriginalReply0
On-ChainDiver
· 01-08 14:45
0.69 this level is indeed critical, but I think we also need to consider the probability of RSI divergence; otherwise, it's just empty talk.
Doing nothing is the best strategy. Many people get caught up in frequent trading; just wait for the signals.
If this wave breaks below 0.69, the next support level will be seen, and stop-loss must be disciplined.
RSI divergence + price signals appearing simultaneously? Bro, that's a bit demanding, but being rigorous is a good thing.
Waiting and watching can also be profitable; it all depends on who can hold on.
View OriginalReply0
TxFailed
· 01-08 14:40
ngl the dual signal confirmation thing sounds nice in theory but we both know rsi divergence fakes you out like half the time... learned that one the hard way lmao
ASTER Trading Opportunity Analysis
As ASTER approaches the critical level of $0.69, my trading plan is as follows:
If ASTER truly reaches the support zone of $0.69, I will patiently wait for two signals to appear simultaneously — a bullish divergence on the RSI indicator and a bullish signal on the price side. Only when both conditions are met will I consider entering the trade.
Of course, risk management is also important. If this key area is effectively broken, I will continue to observe and wait for the next opportunity. Trading is like that; sometimes, doing nothing is the best choice.