Hello Traders,
Hope you all are enjoying the thrill of your trading journey.
I am presenting my analysis on AAVE.
AAVE was facing trendline support, and we took a long trade on a pullback and it reached our profit target according to my technical analysis.
Now, I am bearish on AAVE and selling it. Our profit target is lower support region.
Kindly do your own research and follow proper risk management.
Our analysis is valid until we see a breakout from the Resistance.
Feel free to share your views in the comment section.
Best Regards,
Shaswat Naman
Technical Analyst - TradeThrill
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Hope you all are enjoying the thrill of your trading journey.
I am presenting my analysis on AAVE.
AAVE was facing trendline support, and we took a long trade on a pullback and it reached our profit target according to my technical analysis.
Now, I am bearish on AAVE and selling it. Our profit target is lower support region.
Kindly do your own research and follow proper risk management.
Our analysis is valid until we see a breakout from the Resistance.
Feel free to share your views in the comment section.
Best Regards,
Shaswat Naman
Technical Analyst - TradeThrill
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.