Aave / usdt is in the beginning of a recovery we can see that the stoch is in oversell on a daily basis, we are currently at a big support which has multiple recoveries allowed us to resume an uptrend, we have a major resistance to indicate on the chart
-The rsi is in the bearish zone = 33 , we want the 50 to ensure the uptrend
-Personally I am in position,...
We can see on the chart on the 2h TF that SAND outperform bitcoin we can see a brief rally and a moove to the upside from the range or the triangle that we make (now we are in a retest of the exit of the range )
(We keep in mind that btc range for the moment and btc can bring back sand down)
-rsi in 1h/2h/4h/12h bullish = 67
-stoch also in a bullish...
Sand/usdt is now at support (poc : volume support , previous ath support , fib levels )
What we expect from now ? Sand/usdt make new high recently , we can expect a little pullback before some continuation , on the liquidation of yesterday we saw many people shorting sand but sand was sent to the moon
-no sell activity
Bitcoin devrait terminer son wedge pattern pour compléter la vague 4 et aisni obtenir une vague 5 avec un 0.618 au maximum de la vague 1 nous pourrions voir donc les 70k a la sortie
Règle de la vague d'eliott
vague 5 : 0.382
0.5 ou 0.618 de la vague 1
lets see :)