AAVE/USDT : Reached the S/R zone and trendline!

5 thg 5, 2022

AAVEUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!

AAVE has reached the trendline's resistance now and also there's a formed S/R zone.
So basically it's a bearish sign and we have to expect the rejection...
But there are not enough levels to set our Short position here!
The Short position should be located below $148.5!

After all; There can be a chance of a breakout above the mentioned trendline and S/R zone.
If we get the closings above the S/R zone and trendline, Then we locate our Long towards $190.5!

Trading setup :
🔻 Entry Pointes : $155 - $157.5 - $160
📍Targets : $164 - $169 - $174.5 - $181 - $190.5
🟥 Overall stop-loss : $148.5 ( Three Candles Close )

⚠️ It's not activated yet, Needs to wait for a proper breakout!

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Attention: this isn't financial advice we are just trying to help people with their vision.

Have a good day!
Helical_Trades