Market is correcting it self we can take a scalp trade on AAVE. What does this mean-
Hand me my Lightsaber
Entry Market-
Stop Loss - $186
Leverage- 20x
Hand me my Lightsaber
Entry Market-
Stop Loss - $186
Leverage- 20x
Note
So guys in a choppy market once the coin has risen and you are at three of four candles in its always best to move stop to entry. You can always reenterNote
So 207.49 is resistance, so the market is choppy, so what we want to be looking for is whether or not That resistance can be broken with a solid candle not a pin and then a retest and it hold as supportNote
We need to break this 10 day ema and hold it as support, at this point it is proving heavy resistanceNote
Aight we have been rejected at 0.256 of the Fibs, this coincides with the 30 day ema, rejection at the 10 day emaNote
The Sith know as Bitcoin has allowed the market makers to have lots liquidating people. However we have formed on the 15 minute, not the most ideal time frame but we take it. We break on top of the 10 day and hold that as support. This will confirm the idea.Note
Guys, Aave has broken out and is now retesting the trendline, once we can hold then our Light sabers , will slay the Sith tonightpaste.pics/fb6810035f5f1706cfeddb1a3b40f8f9
Note
Take Profit 1 HitNote
Take Profit 2- taken at 207.40, Notice how the coin reacts to resistance level, the next time we will break there. Sorry this is not a scalp LOL padawansNote
Wll this aave trade turn into a swing tradeNote
Trade close Manually- Two take profits taken, Market may reverse.Trade closed manually
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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.