AAVEUSDT is trading in an uptrend. The price is in a channel and bumping into a local resistance zone above the 103.6 level. On the chart we can see that the price has stuck to this zone and is forming a pre-break consolidation.
I assume that if the price continues to form a pattern of price squeezing to the level of 103.6, then there are all chances to see a breakdown of this zone. In the short term it makes sense to expect the growth of the price to the liquidity zone 118.4, and from the zone I suppose, that the pullback is possible.
Regards R.Linda!
I assume that if the price continues to form a pattern of price squeezing to the level of 103.6, then there are all chances to see a breakdown of this zone. In the short term it makes sense to expect the growth of the price to the liquidity zone 118.4, and from the zone I suppose, that the pullback is possible.
Regards R.Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.