TheSignalyst

AAVE - Wait For The Trigger!

Long
BINANCE:AAVEUSDT   AAVE / TetherUS
Hello everyone, if you like the idea, do not forget to support with a like and follow.

AAVE is sitting around a support area so we will be looking for buy setups on lower timeframes.

on H4: AAVE formed a valid trendline in orange and an inverse head and shoulders as an add-on . But it is not ready to go yet.

Before we buy, we want the buyers to take over.

Trigger => Waiting for a momentum candle close above the gray area to buy.

Meanwhile, until the buy is activated, AAVE would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL indicator
http://www.RichTL.com

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