Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AAVEUSDT
According to our last analysis on May 31, we had a short position and predicted more fall for the price and now you see here that we have the full target prediction for our chart. R2 is our long-term resistance line and R1 used to be our support line and now it has the role of a resistance line. Here the price is moving in an ascending channel and the existence of the Gartley Harmonic Pattern means that there will be a rise in price in the near future. So we have a short position for our chart and we believe the price will have a rise up to R1 and then it will face more decline toward S1. In case the price moves above R1 and then over stop-loss area, then we will have more rise in it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AAVEUSDT
According to our last analysis on May 31, we had a short position and predicted more fall for the price and now you see here that we have the full target prediction for our chart. R2 is our long-term resistance line and R1 used to be our support line and now it has the role of a resistance line. Here the price is moving in an ascending channel and the existence of the Gartley Harmonic Pattern means that there will be a rise in price in the near future. So we have a short position for our chart and we believe the price will have a rise up to R1 and then it will face more decline toward S1. In case the price moves above R1 and then over stop-loss area, then we will have more rise in it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
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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.
Related publications
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.