Please feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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AAVE double top formation played out nicely with a perfect touch of the neckline
- Blue zone is heavy support with three clear touches
- Blue zone coïncides with the golden pocket on the FIB extention
- MACD bullish crossover in the making
I would wait for a retest of the blue zone and accumulate between 4200 & 4400 sats to get a nice average cost.
I will set my stop loss right below the golden pocket (4000 sats), which is rather conservative.
Targets are:
TP1: 5400 sats (25%)
TP2: 6200 sats (just below the .272 FIB & resistance level)
TP3: 7100 sats (just below the resistance level
How do you feel on this pair?
Also make sure to leave a like as it helps me out a lot!
------------------------------------------------------------------------------------------
AAVE double top formation played out nicely with a perfect touch of the neckline
- Blue zone is heavy support with three clear touches
- Blue zone coïncides with the golden pocket on the FIB extention
- MACD bullish crossover in the making
I would wait for a retest of the blue zone and accumulate between 4200 & 4400 sats to get a nice average cost.
I will set my stop loss right below the golden pocket (4000 sats), which is rather conservative.
Targets are:
TP1: 5400 sats (25%)
TP2: 6200 sats (just below the .272 FIB & resistance level)
TP3: 7100 sats (just below the resistance level
How do you feel on this pair?
