AAVE.USDT (Y21.P1.E1).Wedge formation taking place
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Hi All,
This is a continuation of the previous post. Link below.
With a nice uptrend and a recent pullback that looks like a wedge or possibly channel, either way, it seems to be a bull flag.
ref.A.chart
I have the ABCDE count and point E is what we are looking for.
Either way, if it breaks the horizontal level with a nice bullish candle or the slope of the WEDGE, buy in.
Or look for the bullish 8 hrly candle
All the Best,
S.SAri
This is a continuation of the previous post. Link below.
With a nice uptrend and a recent pullback that looks like a wedge or possibly channel, either way, it seems to be a bull flag.
ref.A.chart
I have the ABCDE count and point E is what we are looking for.
Either way, if it breaks the horizontal level with a nice bullish candle or the slope of the WEDGE, buy in.
Or look for the bullish 8 hrly candle
All the Best,
S.SAri
Nota
Might use the 12 HRLY chart rather than the 8 HRLY
Nota
not comfortable with the current structure. Will work with the 8 hr or 12 hr chart trend as well.Nota
Nota
Almost there, slept through the bounce now looking for that entry.Trade attivo
I'm in after this candleNota
Nota
touched one of those resistance lines,...I still think it will go higherNota
It was going to plan until BTC rockets to 44k due to an announcement and puts many ALTS in a spin.I will reassess when things settle
Trade chiuso: obiettivo raggiunto
I did sell when BTC did that, near the top.Now I see a double top scenario, bearish divergence. After it plays out, then I might be interested in the bigger time frames.
Nice uptrend at the macro level.
Nota
my thoughts.Macro bullish structure taking place.
If this horizontal level holds along with with 13/50 1 hrly ema not crossing over and other indictors as well, we will see another move like FTT or LUNA, etc
Nota
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This community has signals now but with no risk management comms.
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