BINANCE:AAVEUSDT.P   AAVE / TetherUS PERPETUAL CONTRACT
***AAVEUST_MARGIN_ANALYSIS***
1. Timeframe : 1H.
2. Generally, trend is downtrend. Therefore, we just open SHORT entry to minimize risk and protect capital.
3. At current time, there are 3 price's situations :
3.1 Price pump strongly to 252.96-272.80. In this situation, we do not open any entry because price is against the main trend.
3.2 Price back-test successfully key-level 218-228. We can open LONG entry within area with take profit price is 275.xx and stop-loss is 211.xx. Risk reward ratio of this entry is 1:4. This entry is against main trend but price had backed-test successfully key-level and RR is high so that can open this entry.
3.3. Price dump strongly to 193.xx-198.xx and back-test to key level 218-228. Back-test unsuccessfully that mean downtrend is coming. We'll open SHORT entry at 218.xx-228xx. Take profit at 175.xx and stop-loss at 240.87. Risk reward ration is 1:4.
***MINERAL SCALE INVESTMENT***
***VIKTORTEA***
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.