Hi All,
I did not see this earlier otherwise it would have been a great opportunity.
AAVE is on FTX and Binance and a few other exchanges.
Its one of the recent great performers, and in the past, it was called LEND which performed well as part of the defi sweat.
On the small time frame, we have a trend, using the 1 hrly chart along with the EMA.
Now we are looking for the continuation of the uptrend so we need a higher high.
If we get this, then its an opportunity to jump in.
Additionally if it slips past the point as per my chart, we can assume BTC also is breaking a key level. Hence short opportunity is there.
All the best,
S.SAri
How to trade this?
I did not see this earlier otherwise it would have been a great opportunity.
AAVE is on FTX and Binance and a few other exchanges.
Its one of the recent great performers, and in the past, it was called LEND which performed well as part of the defi sweat.
On the small time frame, we have a trend, using the 1 hrly chart along with the EMA.
Now we are looking for the continuation of the uptrend so we need a higher high.
If we get this, then its an opportunity to jump in.
Additionally if it slips past the point as per my chart, we can assume BTC also is breaking a key level. Hence short opportunity is there.
All the best,
S.SAri
How to trade this?
코멘트:
I noted that the SMA does a better job with the trend on this.
Here is the Binance version
Here is the Binance version
코멘트:
I now have 2 areas of interest, fib levels. Really depends on what BTC is doing at the time, its level
코멘트:
A beautiful trend, that can keep going.
Note the difference between the shorter time frame where the MA cross over and a trend where they dont. The vertical purple shade script gives the cross overs.
30 min chart
1 hr chart
hence use the 1 hour chart for finding next entry if you get stopped out.
Note the difference between the shorter time frame where the MA cross over and a trend where they dont. The vertical purple shade script gives the cross overs.
30 min chart
코멘트:
코멘트:
Got stopped out and now I switch to the 8hrly. Looking for bullish candle stick formation as the trend is still good.
거래청산: 스탑 닿음:
fizzled, not good
코멘트:
Looking for the next entrance, currenlty playing out the bearish div. and I have this level of interest. Its also possible the 0.5 fib level can hold, if its really bullish as it seems to be.
Discord: TradeToProspa
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
If you havn't entered, look for this closing as bullish candle. Use the 2 hr or 4 hour chart.