🔥 ASR Reversal After Sell-Off: Channel Trade

Like all crypto's ASR has seen some bearish price action over the last couple of hours. Interestingly enough, ASR is rather untouched by this recent sell-off. On the contrary, it seems to have bounced from the lower support of the channel.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!