AAVEUSDT Perpetual Contract
Updated

Aave(AAVE): 200 EMA Broken!!!! Now Where?

768
Coin has broken so compliantly that 200EMA is currently re-testing this same EMA.

As long as this re-test holds its zone, we might see some further movement to the lower zones, but if the re-test fails and moves slightly to the upper zone, we might move towards our upper, smaller resistance that we displayed as "orange" zones!

Swallow Team
Note
snapshot

Coin has had a really nice rejection near our first entry zone, which rejected the price sharply! Although we had a really nice rejection, we might re-test this zone, but nevertheless, we see weakness kicking in on the AAVE coin.
Note
snapshot

After reaching nicely, the upper resistance price had a nice rejection and movement to the last liquidity zone, which resulted in 18% of market price movement!

Swallow Team
Note
snapshot
Coin has had a nice movement of 18% on the first touch of that upper entry and 26% of market price movement from that upper entry zone.

🟢Trade Was Successful

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.