We've locked in a profit of well over 10% on a previous Long trade within #AAVEETH - we've got a Sell signal from Crypto Tipster v2..
Looking at this chart we're seeing two possibilities, the first is that CTv2 is absolutely right with it's signal, this would represent a drop of around 15% within #AAVE to the next level of support.
The second scenario is the layer of potential support just under the current price is strong and rejects the price decline, this would create a pinch point and possibly push the price upward to next resistance, gains of 10%.
What do you think?
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Still trading sideways currently, but with a closing resistive trend line and a sell signal from Crypto Tipster v2 we're thinking a break down is possibly imminent!
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Yep.. the downward movement began is is currently on-going.
Let's get to that point where the horizontal support line and ascending support trend line meet in a few days!
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Nice one - we've had a wick through our lower support level after a massive red bar formed!