RLinda

AAVEUSDT ! Retest resistance. Formation of consolidation

Largo
BINANCE:AAVEUSDT   AAVE / TetherUS
Against the background of the fall of the entire market, AAVEUSDT also falls and stops at 66.1, after which the cryptocoin goes into a sideways movement phase, followed by the price exiting the downward channel.

A flat was formed between 116.5 and 78.5. Yesterday the price was testing resistance. but a false breakdown was formed. After a false breakout, there is no downward momentum, but the price forms a pre-breakout trade

I assume a breakdown of resistance with a subsequent rise in prices. Short term - resistance 157, and medium term - liquidity zone 203.5

Sincerely, R. Linda!

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