AAVE bearish on larger timeframe
Potential head and shoulders to be completed. I'm bearish on AAVE since we also saw a lower low in the recent dip. However, if we see a break in the right shoulder causing the current downward pressure, i will open a long trade for the short term
Note
Since the downwards pressure of the rights should could not be broken, my brearish idea is gaining strenght. i do except a bounce around 395 $ which i'm not trading since i'm not into catching knives. Also, AAVE broke it's trend line which lasted for almost 36 days, for the second time now which is currently being retested. Ealier, contact with this trendline caused 80/100% pumps. I am not a professional trader, i just like to test my ideas and share them with the world
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.