AVEUSD trade ideas
AAVEUSD (Waiting for the Resistance Zone Breakout)#AAVEUSD Technical Analysis Update
Waiting for the Resistance zone Breakout in 4h chart
AAVE/USD currently trading at $89.60
LONG ENTRY: Above $100 (Only enter long if 4 h candle close above $100)
STOP LOSS: I will update once I see the Breakout
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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AAVE LTF - Short StrategyIn the short time frame, it looks like AAVE is turning positive on the Heikin Ashi. Longer time frame it's looking fairly weak, so I expect a short rally into resistance around 80-81 (happening right now: I prepared this chart about two hours ago but was unable post). At that point I would take a short position targeting the first support and see how it plays out. Take note: if ETH or BTC start to rally in the near time frame, this idea is invalidated. Or if it reaches 82-85 without a near term pullback.
Just my 2 cents!
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