Mean Reversion is the simple strategy of price moving 'too' far away from its averages and potentially requiring a reversion before either continuation or ideally total reversal Aave has been offering some beautiful mean reversion entries for us recently even to the point of essentially two sigma. Both the buyzone meanmove right to the sellzone meanmove. That is...
Nice positive candle from support after 3 weeks of consolidation.
1D-Chart: - Since it has already break above the 'Main Triangle Upper Resistance', there is a bigger chance that the price will go up. - Supertrend: Already bullish - SMA 20 & 50: Price already above both MAs, and soon MA50 will cross above MA20. Another bullish sign. - MACD(12,26,9): Still bullish, no divergence. - RSI14: Hidden divergence -> bearish...
Hi all, as we can see, AAVE keeps respecting the main bands within the Pitch fork. In the past few days we saw sideways and big reactions on BTC changes. Also big money was accumulating BTC by using the alt coin/BTC pairs, so they do with AAVE/BTC as well, resulting in price decrease in the AAVE/EUR side. AAVE also kissed the lowest parts of the fork, but...