quick short (lower break on decending channel)An ascending channel bottom breakout is a bearish technical analysis pattern that occurs when the price of an asset breaks below the lower trendline (support) of an ascending channel.
Here's a breakdown of what it signifies and how to approach it:
1. Understanding Ascending Channels:
An ascending c
Compare with Aave / Ethereum
#AAVEETH - 10% Up or 15% Down?We've locked in a profit of well over 10% on a previous Long trade within #AAVEETH - we've got a Sell signal from Crypto Tipster v2..
Looking at this chart we're seeing two possibilities, the first is that CTv2 is absolutely right with it's signal, this would represent a drop of around 15% within #
AAVE vs. ETH. AAVE is the better hold.At the current moment, it's hard to predict how crypto will fair against USD. However, we can reliably see which pairs will consume a larger share of overall market cap as the space continues to consolidate and burn off fat.
Shown in the top chart is the AAVE/ETH daily pair which just had a moving
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.









