Astar is aligning

For the traders

Yes, guys. Astar, one of the best-performing assets we have covered.

But also because that move shows something significant - Astar's nature is to respect key levels, aligning with a 61.80% fib, which we are eyeing up right now.

The green zone on the chart is 0.11550, where price is rushing to retrace to align with a key fib level. A lot of elements we look for are aligning with this setup, so keep an eye on this.

In the last live chat, we covered Astar and spoke about how the newfound demand is like unlocking a new part of the map in a free-roam game.

We took out that wicked spike with significance, which tells us the map is larger; we can explore more due to the newfound demand for this asset.

So, we are targeting the new highs printed at 0.190 and even shorter term, and more conservatively, 0.1625.

Be mindful and wait for clear signs of support before entering. This level hasn't really been used as a true area of demand in recent market context, so let it be clear.

Investors, pick up your Astar bags here, regardless.

Scenarios

Scenario 1: If we can find 0.1150 and show clear signs of demand at this level, it could provide a really nice long opportunity.

Scenario 2: If we break lower, we're seeking 0.0945.

Highest probability entry zone

0.11550

For the holders

This market is performing well; it has upside potential for short-term and long-term profitability.

Dollar-cost average during this pullback; the market is telling us everything we need to know from a TA point of view.

Accumulation levels

0.11550

0.0945

0.08475

Cryptonary's take

This is a very convincing case forming here for a move from 0.11550.

Let's see how the next coming days play out.

Investors for the long term, you have been given a very incredible pullback here, so stay active if you're an investor in this asset.