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Aave

AAVE/USDT Forming Inverse Head & Shoulder Pattern-AAVE/USDT forming Inverse Head & Shoulder Pattern on 30-60 Min Timeframe. - Right shoulder forming as triangle ( which shows consolidation below the resistance in triangle) - Will open a long position on triangle breakout and add more once it breaks the neckline of Inverse Head & Shoulder Pattern. - Expecting a move towards 160-170 (Height of triangle) - Stop Loss below 124, will move SL to entry once it breaks out from Neckline and retest it as a support.
Long
by Noob_Trad3r
1
💡Don't miss the great buy opportunity in AAVEBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.003130). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AAVE/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 52. Take Profits: TP1= @ 0.004000 TP2= @ 0.004520 TP3= @ 0.004950 TP4= @ 0.005570 TP5= @ 0.006320 TP6= @ 0.007570 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
5