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EuroMotif
Sep 18, 2021 5:37 PM

AAVE near term Support Resistance zones of interest, $353 key 

AAVE / TetherUSBinance

Description

Quick post of near term price zones to watch.
Currently at strong support and maybe "bottom".
Wave structure looks like a good correction done.

$ 352-354 a key support that could start next leg up.
$ 340-342 the fallback support to maintain uptrend.
$ 320-323 will be "Bulls Last Stand" or risk deep dive.

Drag DOWN on the PRICE scale to see levels above/below.
THEN drag on the CHART to see outside of current window.
Hit "Make it Mine" under SHARING to make your own copy.

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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1:

Chapter 2:

Chapter 3:

Chapter 4:

Chapter 5:

Chapter 6:

Chapter 7:


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Comments
drkmsh
Another brilliant chart... buying dips now. Thanks a lot!
BrianM20
why hourly chart though ,buddy?
EuroMotif
@BrianM20, Hi, hourly because that fit the last wave up nicely, so it shows the entire local fib of that wave, for reference.
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