With the recent stoppage in selling within the crypto market, I introduce an idea with AAVE and crypto overall.
During this trade, high volume in AAVEUSD COINBASE was noticed, along with a flag formation. The entry is the CROSS-LINES HIGHLIGHT YELLOW, with stop loss red and green area for potential selling.
With Increasing ATR and volume [notice the bounce off support at 57.60 area], we can expect this move to continue to the upside until end of the month to reassess.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.