-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)
". 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."
. 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...
coin can move more in down trend beacuse sellers are heavy for a moment but still if more volume shift to demand zone then its possible that we can see a good break out and entry point for short trade.