Get started
AAVE / TetherUS
Long

AAVE to $500?

By bizmark
Updated
AAVE seems to be getting ready to break up this triangle📐 and if successful I think there is chance for run to 494 and even higher.
  • ENTRY: local high @ 415.5
  • SL: local low @ 400
  • TARGET: height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 494
  • RRR: 5.2
  • INVALIDATION: when SL level hit

Like👍, follow✒️, enjoy📺!
Comment
Leaving the BUY STOP-LIMIT order in place, monitoring closely. New SL would be 397, new TP 493, RRR slightly worse, but still good.
Order cancelled
Price dropped even lower, and I cancelled the order, as now the RRR is not good enough for me anymore.
aaveAAVEBUSDaaveusdtaltcoinsbreakoutChart PatternscryptoDEFITrend AnalysisTrend LinesTriangle
bizmark

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.