FieryTrading

🔥 AAVE Bullish Triangle: Potential Break Out

Long
BINANCE:AAVEUSDT   AAVE / TetherUS
During BTC's erratic moves over the last couple of weeks, a bullish triangle has appeared on AAVE's chart. After showing some consolidation at the triangle support yesterday, it seems that AAVE has now bounced off the support and is resuming its upward move.

Be aware that AAVE is highly correlated to BTC . So before trading, check where BTC is going. Also, wait for the price to break out of the triangle to confirm the break out pattern.

Happy trading!
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Comments

Awesome, thanks
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I agree thank you
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Thanks for your great analysis...
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Good work mate ;)
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Looks super bullish 🤩
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clean bullish price action :) thx
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Quality content, thanks for sharing. 🔥🔥
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Thanks for sharing
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Very good Idea. Thank you!
Reply