AAVEUSDT - Short-term strategy about entry
AAVEUSDT1H trend chart
With all market falling before, AAVE is forming a descending triangle.
It is approaching to the end of triangle.
If price can break it out w/o long upper shadow line, trading strategy as below.
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Profit Targets:
a) 326.7-----(Blue horizontal ray)
a) 338.65----Fib(1)
b) 351.85~357.2---Fib(1.272~1.382)
c) 368.6-----Fib(1.618)
Stop losses:
a) 306.15-----(Red horizontal ray)
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🌔Signal channel: t.me/tradingdiary_cat
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Related publications
Disclaimer
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.