AAVE/USDT – Symmetrical Triangle Squeeze on 4H
Chart Pattern: Symmetrical Triangle
Timeframe: 4-Hour
Published: June 20, 2025
AAVE/USDT is currently consolidating within a symmetrical triangle. Price is respecting the rising support near the 243–245 zone, while being squeezed by a descending resistance around 263–265. This pattern typically leads to a breakout as volatility compresses.
Bullish Scenario
Entry: On a 4H candle close above 265 with volume
Target 1: 278
Target 2: 290
Stop-loss: Below 242
Bearish Scenario
Entry: Close below 243
Target 1: 230
Target 2: 215
Stop-loss: Above 260
Let the breakout confirm with strong volume before taking a position. Patience is key as AAVE approaches the apex of this formation.
Chart Pattern: Symmetrical Triangle
Timeframe: 4-Hour
Published: June 20, 2025
AAVE/USDT is currently consolidating within a symmetrical triangle. Price is respecting the rising support near the 243–245 zone, while being squeezed by a descending resistance around 263–265. This pattern typically leads to a breakout as volatility compresses.
Bullish Scenario
Entry: On a 4H candle close above 265 with volume
Target 1: 278
Target 2: 290
Stop-loss: Below 242
Bearish Scenario
Entry: Close below 243
Target 1: 230
Target 2: 215
Stop-loss: Above 260
Let the breakout confirm with strong volume before taking a position. Patience is key as AAVE approaches the apex of this formation.
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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.
🚀 Join My Telegram Community for FREE trading signals, entry/exit points, and instant updates!
👉 t.me/cryptobyghazii
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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.