A trend that has been active since inception for this pair is now being broken.
Assemble Protocol (ASMUSD) has been going down ever since its launch, a major downtrend, and this downtrend is being challenged this week.
If the week closes above the orange line, the downtrend is officially over.
After a downtrend what follows is an uptrend.
The RSI trades at its highest level ever and above resistance.
A very strong RSI as prices recover from support is a signal that points towards additional growth.
Potential targets start at 125%, followed by 275%, pick one. It can go higher but these are high probability for me right now, the rest is less certain.
✔️ Thank you for reading. ✔️ Feel free to follow, I like to see the numbers go up.
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