AAVE - Possibly a Great Short - * contingent per BTC
I plan on entering this trade contingent entirely upon bitcoin price action. (also contingent upon the price going back up which I hope he does)
AAVE has had a significant uptrend, as large holders take profit, the "marketmakers" buy their contracts pushing price-action upward along with new buyers, short positions stop loss orders are triggered as a "market buy order" pushing the price up further... (one would think this buying and selling would logically create an equilibrium, and it would - *if the market was peer to peer without the "market maker"- this third-party adds and takes away liquidity which complicates the equation>
* this is a one hour chart and will take days to be realized (if it is correct)
* this chart would be invalidated and completely negated by any significant move up or down per bitcoin (* however alt coin charts work in tandem with bitcoin with its signature clearly within price action)
AAVE has had a significant uptrend, as large holders take profit, the "marketmakers" buy their contracts pushing price-action upward along with new buyers, short positions stop loss orders are triggered as a "market buy order" pushing the price up further... (one would think this buying and selling would logically create an equilibrium, and it would - *if the market was peer to peer without the "market maker"- this third-party adds and takes away liquidity which complicates the equation>
* this is a one hour chart and will take days to be realized (if it is correct)
* this chart would be invalidated and completely negated by any significant move up or down per bitcoin (* however alt coin charts work in tandem with bitcoin with its signature clearly within price action)