#AAVE - Bulls Taking Control (Swing Long)
Daily Time Frame Analysis -
Entry - Current Price
Exit - $490
Leverage - 10 x
Stop Loss - $300
Risk to reward - 6 to 1
We can see after some market volatility and big overextensions of support Aave has formed a Daily Reversal Pin, While retracing 50% of that pin for entries and now looking to form a double bottom on the current daily candle.
It's time for the bulls to start swinging back up, if they can reclaim the middle range monthly order block resistance I will be targeting the top of the range at $490.
Entry - Current Price
Exit - $490
Leverage - 10 x
Stop Loss - $300
Risk to reward - 6 to 1
We can see after some market volatility and big overextensions of support Aave has formed a Daily Reversal Pin, While retracing 50% of that pin for entries and now looking to form a double bottom on the current daily candle.
It's time for the bulls to start swinging back up, if they can reclaim the middle range monthly order block resistance I will be targeting the top of the range at $490.
420Fam
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