AAVE / TetherUS
Short
Aggiornato

AAVEUSDT is creating a rising wedge

344
The price bounced exactly on our Daily support after Head and shoulders formation from my previous idea.
Now the price is testing the daily area around 103$ and the market is creating a rising wedge.
right now the price is trying to create a new higher high.

How to approach it?
IF the price is going to lose the dynamic and static support, and retest it as new resistance, According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

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Follow the Shrimp 🦐
Nota
The price needs to create a new Higher high to avoid the bearish local scenario.
let's see
istantanea
Nota
If the price is going to lose support, we could see a bearish impulse according to Plancton's rules
istantanea
Nota
The price is creating a rising wedge.
Let's see if the price is going to create a clear higher high!
istantanea
Nota
the price is testing the support, don't miss it!
istantanea

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