$ASM time to go long?AMEX:ASM has corrected 90% since it's move back in February. It's now sitting at support and looks about ready for it's next move higher.
The risk would be a possible move down to the lower support around $.014 (around 15-20% more downside), but the reward would be a move up to the $.053-$.178 resistance (200%-900%+ increase).
Let's see how this plays out over the coming weeks.
ASM
ASM - Strong Case for Reversal The descending curve is a bullish chart pattern called a descending scallop
Higher lows are also present within the triangle I have drawn
The breakout on this would be pretty aggressive and probably reach right back up to its starting point.
Looks like a crypto chart lol.
Weekly Chart.
$ASM & other Altcoins that've held well, good IF $BTC reversesLook @ strength in #crypto #altcoins
HUGE BUYS &/or are in UP trends while $BTC dozes = best, Indicators lining up is huge +
What is holding well will likely PUMP IF $BTC reverses
May do it on it's own!
Saw $ASM dip & bit, risky but I like that
Don't need to put full $ into these
1/2 - 1/4 amount of usual is ok
$DODO did VERY well BUT needs REST
Ditto for $CGG & $TRU
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Like $ILV bad tokenomics
Fits criteria ok
No idea what $EOS or $NGL are but fit criteria ok
$GGG fits ok
Buying ASM on dips.ASM International - Intraday - We look to Buy at 232.1 (stop at 219.8)
Levels below 230 continue to attract buyers.
Trading has been mixed and volatile.
A lower correction is expected.
Bespoke support is located at 230.
Further upside is expected although we prefer to buy into dips close to the 230 level.
The primary trend remains bullish.
Our profit targets will be 262.9 and 272.9
Resistance: 270.0 / 280.0 / 290.0
Support: 255.0 / 245.0 / 230.0
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$ASM targets upside $.052-.058 and potentially higher?$ASM looks to be forming a bottoming structure. I created this blue trendline as I think this will be the resistance that needs to break in order for the upside targets of $.08 and $.13 to be in play.
That said, I think in the near term there are two possible scenarios that I'm looking at, ASM:
1. Pumps straight to the $.052-.058 range
2. Retests the $.03 region, forms a lower high and then consolidates more in the low $.02 area before finally breaking out to $.05.
I've marked off key resistances to watch for price action to move to and key places where ASM should find support should it see more downside. I've also added key dates that should be pivots for price action.
Let's see how it plays out over the coming weeks/months.
$ASM further downside before relief bounceIn my last analysis, I showed the path for how we could get to $.20, however, I've since changed my view that we'll go higher from here and am expecting lower prices before we get up there.
I had initially thought that BTC would bounce higher from here, thus thinking that $ASM would bounce with it, however, now my base case is that BTC will fall from here, and thus alts should see a bit more pain before bouncing.
I think there's a pretty strong chance that $ASM won't bottom until $.049-.053 the two support levels in Orange on the chart. I did put the worst case scenario support on there as a possibility in red (if BTC were to fall to the extreme targets, but I'm not sure I see us getting there yet). I put it there because it is a possibility though so stay cautious. From there I'd expect price to form some sort of bottoming pattern and eventually moving out of this bearish channel before we have the possibility of higher prices.
The good news is that after those support levels are hit, then I think we should see a bounce higher and ultimately get up to the $.20-.32 resistances.
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ASM: Descending Triangle Break Incoming? ASM International - Short Term - We look to Sell a break of 279.90 (stop at 291.90)
The medium term bias remains bearish. Trades with a bearish descending triangle formation. A break of bespoke support at 280.00, and the move lower is already underway. After strong selling pressure at the start of the week the pair consolidated yesterday with little net change and all price action within the lower half of the previous day's range.
Our profit targets will be 252.10 and 233.00
Resistance: 310.00 / 350.00 / 400.00
Support: 280.00 / 250.00 / 220.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$ASM back to $.204-.214ASM looks like it's in the process of finding a short term bottom around this $.088 range. I could potentially see a capitulation move down to $.082 at the lowest... Then we should see a reversal next week around Dec 21st with a move back up to the top of the structure around $.204-.214.
Let's see how it plays out from here.
Dates on the chart important dates for changes in price action.
good opportunity to buy low, 1:3 trade ideaI like all-time lows made with low volume, we shouldn't break them just yet.
We are hitting a nice demand area and have formed a nice hammer.
I like the breakout of the consolidation days inside the hammer, the risk reward make sense if we place the entry above the hammer and place the stop below it.
let's see if the accumulated pressure will release in a bull run
$ASM targeting $.29-$.35 for it's final leg?Rode the initial leg up last week from $.16-.24. Now after consolidating for the past few days, $ASM looks like it wants to make a run at it's final target of $.29-$.35.
As you can see on the chart, a flag has formed inside of a larger flag and we seem to be testing this $.193-.194 region as support. If the support can hold here, and we break through $.22 on the way up, we should see $.29-.35 fairly quickly.
An alternative scenario would be that we break down from the smaller flag to test the $.169 support level before moving to the final target. In either way, the chart overall looks bullish and I'd expect the target to be reached over the coming days.
Entry at $.193.
ASM Assemble Protocol 127% PotentialHello Traders,
Happy Turkey day folks! I wanted to put a quick one together for you so you could grab some gains while you are munching. If we see a drop in BTC tomorrow I would expect this to have a potential buy at the black Friday deal target below, if not then you should get these nice gains along the way!
As always, below are some fundamentals for you to research the coin better and find some places to buy!
Have a GREEN week!
Savvy
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Fundamental Analysis
ASM Price Live Data
The live Assemble Protocol price today is $0.142469 USD with a 24-hour trading volume of $88,714,844 USD. We update our ASM to USD price in real-time. Assemble Protocol is up 0.74% in the last 24 hours. The current ranking is #503, with a live market cap of $96,890,116 USD. It has a circulating supply of 680,079,761 ASM coins and a max. supply of 1,350,000,000 ASM coins.
If you would like to know where to buy Assemble Protocol, the top cryptocurrency exchanges for trading in Assemble Protocol stock are currently Coinbase Exchange, Gate.io, Bithumb, BKEX, and Uniswap (V3). You can find others listed on our crypto exchanges page.
ASSEMBLE Protocol claims to be a blockchain-based global point integration platform. It is claimed that the basic idea behind the ASSEMBLE Protocol is to provide its users an unrestricted opportunity to use their points, similarly as they use cash, anywhere in the world without any time or place constraints. And to enable point providers and ASSEMBLE partners a pool of opportunities to further expand their businesses and an access to a rich pool of users.
ASM Price Statistics
Assemble Protocol Price Today
Assemble Protocol Price $0.1453
Price Change 24h
$0.005001
UP 3.56%
24h Low / 24h High
$0.1267 /
UP $0.143
Trading Volume 24h
$88,714,843.70
UP 9.48%
Volume / Market Cap 0.9156
Market Dominance 0.00%
Market Rank #503
Assemble Protocol Market Cap
$96,890,116.47
Fully Diluted Market Cap
$192,332,818.50
Assemble ASM USDT#ASM
The live Assemble Protocol price today is $0,139838 USD with a 24-hour trading volume of $87.513.376 USD. It has a circulating supply of 680.079.761 ASM coins and a max. supply of 1.350.000.000 ASM coins.
ASSEMBLE Protocol claims to be a blockchain-based global point integration platform. It is claimed that the basic idea behind the ASSEMBLE Protocol is to provide its users an unrestricted opportunity to use their points, similarly as they use cash, anywhere in the world without any time or place constraints. And to enable point providers and ASSEMBLE partners a pool of opportunities to further expand their businesses and an access to a rich pool of users.
ASM gaining momentum on CoinbaseASM Assemble Protocol was recently listed on Coinbase, has a market cap of only $67Mil and it is forming higher highs and higher lows on the 1h timeframe, which is extremely bullish it it keeps the trend.
It has a strong daily volume, $38Mil.
The all time high was $0.645, so almost 7X from here.
Projects listed on Coinbase tend to retest their all time high eventually.
I look forward to read your opinion about it.
ASMNot a Financial advisor.
ASM was recently listed on Coinbase Pro yesterday 10/21/21
Saw a run up to .144 and has pulled back quite a bit.
.11 is strong resistance for ASM, if we can get above that and maintain that area for support we can look to start up trend to .131
After that I believe we will retrace and back test support again. Then potentially look to uptrend to .17 area.
New coin, dyor please. I'm looking to just trade this for the time being & potentially revisit.
high risk.