Hello to you all. Mars Signals team wishes you high profits at all times.
The price is moving inside a bearish rectangle. If it is able to break the rectangle’s upper line, it will be able to either go either to the top (as shown by the arrow) or range between the support and resistance.
But if the price breaks from the bottom line of the rectangle, it can go...
AAVE did break out above the high and tight flag pattern, but the price has since dropped.
The drop could be temporary, and the the expected move up could still happen.
One worth watching.
AAVE again way undervaled in my oppinon
this will possibly claim number1 defi along with synthetix
truly solid project and both short term and long term regardless the recent pump..
i say this about 10% of it true value..
sorry charts were done via a 4 hour hence trendline in places..
AAVEUSDT is testing the major ascending channel resistance as shown in my previous analysis .
RSI is printing a bearish divergence signal.
Price action printed a rising wedge pattern and price brokedown below the wedge support.
Price action is printing a descending triangle pattern.
Sell entry ⬇️ - breakdown below the descending triangle support.
Target 🎯 -...
AAVEUSDT is printing an ascending channel on the Daily timeframe.
Price is testing the channel resistance.
We could see a retracement back to the channel support.
AAVEUSDT brokedown below rising wedge support.
RSI is printing a bearish divergence signal.
Possible correction ⬇️
Target 🎯 - Support levels.
Setup invalidation ❌ - breakout above the ATH
AAVE/USDT looks very weak right now on the daily chart. Strong RSI divergence (yellow lines) shows uptrend has been losing momentum since the peak on November 10 and if today's candle closes in the red it'll be the first lower high on the chart since that explosive rally that started on November 5th.
There are a couple of order block supports (top two green...
AAVEUSDT is printing an ascending channel on the 30M timeframe.
Price is testing the ascending channel support.
Price action is printing a descending triangle pattern.
Bullish ⬆️ - breakout above the descending triangle resistance + previous swing high.
Bearish ⬇️ - breakdown below the descending triangle support + ascending channel support.
AAVEUSDT is testing the rising wedge resistance.
RSI is printing a bearish divergence signal.
Price action is printing a double top reversal pattern.
Sell entry ⬇️ - breakdown below the double top neckline support.
Target 🎯 - rising wedge support.
