#AAVE - Bulls Taking Control (Swing Long)
Daily Time Frame Analysis -
Entry - Current Price
Exit - $490
Leverage - 10 x
Stop Loss - $300
Risk to reward - 6 to 1
We can see after some market volatility and big overextensions of support Aave has formed a Daily Reversal Pin, While retracing 50% of that pin for entries and now looking to form a double bottom on the current daily candle.
It's time for the bulls to start swinging back up, if they can reclaim the middle range monthly order block resistance I will be targeting the top of the range at $490.
Entry - Current Price
Exit - $490
Leverage - 10 x
Stop Loss - $300
Risk to reward - 6 to 1
We can see after some market volatility and big overextensions of support Aave has formed a Daily Reversal Pin, While retracing 50% of that pin for entries and now looking to form a double bottom on the current daily candle.
It's time for the bulls to start swinging back up, if they can reclaim the middle range monthly order block resistance I will be targeting the top of the range at $490.
420Fam
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.