BreakingGood

ASMUSD Inverse Head and Shoulders 2hr. Target 0.046 ~

Panjang
COINBASE:ASMUSD   Assemble Protocol
There appears to be an inverse Head and Shoulders pattern forming on the 2hr. ASMUSD chart. The pattern is supported by volume trends and a series of higher lows and higher highs. The aforementioned price target is above the 200 MA on the same timeframe. If it breaks the 200 and hold as support, it may be the beginning of a larger cup and handle referenced previously.

Please do your own research. Do not rely on my analysis. I'm a novice trying to trust my own analysis. Use proper risk management. This is all chart based and I don't know anything about the tokenomics other than it runs on the ETH chain.

Penafian

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