AAVEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AAVEUSDT
As we predicted on July 9, we had a short position there and expected a falling trend and obviously you see the decline during the next days. In this chart, we have R1 as our resistance area that resembles the unsuccessful attempts of the price in order to rise. Also, we have S1 which used to be a resistance line and S2 is a support line which includes the support of the price at some points. Now we have the price fluctuating over S1 and we believe it will fall to this line and our long position is activated and then it will start a rise to R1. In case it moves below S1, more fall will be waiting for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck