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
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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 reenter
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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 support
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We need to break this 10 day ema and hold it as support, at this point it is proving heavy resistance
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Aight we have been rejected at 0.256 of the Fibs, this coincides with the 30 day ema, rejection at the 10 day ema
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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.
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Guys, Aave has broken out and is now retesting the trendline, once we can hold then our Light sabers , will slay the Sith tonight
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 padawans
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Wll this aave trade turn into a swing trade
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Trade close Manually- Two take profits taken, Market may reverse.