AlanSantana

AAVE vs Tether Breakout Point... Can Be Anything...

Long
BINANCE:AAVEUSDT   AAVE / TetherUS
Here we have AAVEUSDT on a very tricky spot.

It just came out of a descending channel and is trading above EMA21/EMA10 with a strong RSI... But there is no volume...

I just shared a chart for TOTAL and BTCUSD with some early bullish signals developing...

If the bulls follow up, we can also see AAVEUSDT/AAVEBTC grow.

But if there is no follow up, this pair and all others are likely to move lower rather than up.


Here we also have prices trading above the 0.618 Fib. retracement level for the last bullish wave.
But there is no way to predict what will happen next.

Trading is very easy though...
We buy with a very tight stop-loss...

LOW RISK, WITH HIGH POTENTIAL FOR REWARDS.

This is not financial advice.

Namaste.

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