AAVEUSDT ! Pre-breakout set-up. What happens next?
AAVEUSDT is trading in an uptrend. The price is in a channel and bumping into a local resistance zone above the 103.6 level. On the chart we can see that the price has stuck to this zone and is forming a pre-break consolidation.
I assume that if the price continues to form a pattern of price squeezing to the level of 103.6, then there are all chances to see a breakdown of this zone. In the short term it makes sense to expect the growth of the price to the liquidity zone 118.4, and from the zone I suppose, that the pullback is possible.
Regards R.Linda!
I assume that if the price continues to form a pattern of price squeezing to the level of 103.6, then there are all chances to see a breakdown of this zone. In the short term it makes sense to expect the growth of the price to the liquidity zone 118.4, and from the zone I suppose, that the pullback is possible.
Regards R.Linda!
🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
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.