AAVEUSDT is printing an ascending channel on the 30M timeframe.
Price is testing the ascending channel support.
Price action is printing a descending triangle pattern.
Bullish ⬆️ - breakout above the descending triangle resistance + previous swing high.
Bearish ⬇️ - breakdown below the descending triangle support + ascending channel support.
Price is testing the ascending channel support.
Price action is printing a descending triangle pattern.
Bullish ⬆️ - breakout above the descending triangle resistance + previous swing high.
Bearish ⬇️ - breakdown below the descending triangle support + ascending channel support.
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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.