Helical_Trades

AAVE/USDT : Reached the S/R zone and trendline!

Lång
BINANCE:AAVEUSDT   AAVE / TetherUS
AAVEUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!

$AAVE has reached the trendline's resistance now and also there's a formed S/R zone.
So basically it's a bearish sign and we have to expect the rejection...
But there are not enough levels to set our Short position here!
The Short position should be located below $148.5!

After all; There can be a chance of a breakout above the mentioned trendline and S/R zone.
If we get the closings above the S/R zone and trendline, Then we locate our Long towards $190.5!

Trading setup :
🔻 Entry Pointes : $155 - $157.5 - $160
📍Targets : $164 - $169 - $174.5 - $181 - $190.5
🟥 Overall stop-loss : $148.5 ( Three Candles Close )

⚠️ It's not activated yet, Needs to wait for a proper breakout!

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Attention: this isn't financial advice we are just trying to help people with their vision.

Have a good day!
@Helical_Trades

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