4hr frame H&S #StaySafu
Diupdate
Hi All,
Another analysis on Aave/usdt pair.
As we can see a nasty H&S is forming. I would not trade aave at the moment unless you are willing to short.
Currently in a downward trend. Demand zone is around $380.00 but if we break that, we may see $340.00 very quickly as the next support zone and a nice wick from there in the coming days.
Aave was needing a correction and now its filling the gap. although a great project technicals point downwards.
Dont trade unless you are willing to catch knives. Im not a knife catcher i keep moneySafu. So tradeSafu and wait for a clear indication.
StaySafu -ChartSafu CryptoSafu
Another analysis on Aave/usdt pair.
As we can see a nasty H&S is forming. I would not trade aave at the moment unless you are willing to short.
Currently in a downward trend. Demand zone is around $380.00 but if we break that, we may see $340.00 very quickly as the next support zone and a nice wick from there in the coming days.
Aave was needing a correction and now its filling the gap. although a great project technicals point downwards.
Dont trade unless you are willing to catch knives. Im not a knife catcher i keep moneySafu. So tradeSafu and wait for a clear indication.
StaySafu -ChartSafu CryptoSafu
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2nd target hit
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