The uptrend obviously has weakened and the price is about to close beneath the (quite steep I must say) support. Of course the prefect short entry would be at $94 as AAVE was trying to break the resistance for the third time but I wasn't familiar with the chart at that time so I ask you to forgive me for that. If we will try to break that level again I will simply add to my short position with a very small SL. The goal is basically 0.618 Fib level and the previously established buy zone.
Trade active
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Rejected from the previous support (now resistance) level.
Why I have all the charts readthat Aave is consolidating at support and going to push to 94 Target? I'm a bit disappointed that all the charts for on Trade you are like this and Aave has been sitting like a stunned mullet for two days while a lot of other coins especially BTC have pumped.
Please tell me why?
Detri_Mantela
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@pluckyHunter3666, the reason I short it is because I expect BTC to correct very soon which obviously will drag all the alts down.
Please tell me why?