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AAVE / TetherUS
Oct 25, 2021
Head & Shoulder pattern forming on AAVE
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In 1D AAVEUSDT chart we can clearly see a head and shoulder pattern.the neckline is currently working as a good support.
200EMA is about to exceed the 55EMA.
Volume is decreaseing.
RSI is laying on 50-52 area.
If it manage to break below the neckline,We will see 283$ 258$. If it bounce from the neckline, we might see 350$ 420$ in next 1-2 months
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