Seems Like Getting Ready For Massive Breakout Testing Trend line In 2 Days Timeframe Incase Of Breakout Expecting 240 - 260% Bullish Wave
Keep Eyes On Aave For breakout
Aave getting ready for massive Breakout
Formed Descending Channel In 3days timeframe Incase Of breakout Expecting 380 To 400% bullish Move In coming Months
AAVEUSDT Technical analysis update
AAVEUSDT currently trading at 86.70
AAVE formed head and shoulder pattern in 1h chart and rice already broken its neckline. I'm expecting a drop from the current level.
Short Entry: $86.50 - $88.40
Stop loss : $93.40
TP 1 : $82.40
TP 2 : $77.50
TP 3 : $70.00
Max leverage : 2x
Always keep stop loss
Thanks
Hexa
I have became bullish on AAVE after Elon musk appoints AAVE's founder as Twitter Interim CEO.
The H&S might be valid after a break below it's neckline and this W pattern will be invalid as price will go down hard.
Anyway; keep watching $BTC for a confirmation.
AAVE Breakout major falling wedge pattern , Then valid retest to resistance become support
MACD Showing Bullish crossover on weekly
Potential upward movement 🚀
Target mentioned in the chart
Stoploss : $144
Risk : 6%
THis one is a trade setup.
See the first resistance area? that's the main key. if the prices manage to cross that line and close a 4H candle above it, you can open your long positions and take profits on the higher resistance lines. Be very careful with your long positions and don't get greedy.
You can also do some scalping, using the support areas but watch out...
