AAVE is in great shape right now. I will keep this short because I just want to alert you to a great entry price and timing.
We have two reversal signals on this chart. Double bottom, short term. December 23 versus November 21. Higher low in the long term. The current double bottom, December-November, against April.
Something is happening with the volume indicator here. We can see a higher selling volume yesterday but no new lows. This means that the large selling pressure has been fully absorbed and this is of course positive.
Therefore, this is a great entry point in terms of price and timing. You can use this alert to your advantage. These chart setups can lead to a low-risk and highly profitable trade. This is a great entry area.
Our strategy is very simple, buy and hold.
⚠️ Disclaimer:
This analysis is for educational purposes only and does not encourage trading in futures contracts or any prohibited transactions. The goal is to illustrate potential market movement, not a direct recommendation to buy or sell.
💡 Important notes:
- This analysis is for educational purposes only.
- Please study the market and make decisions based on your ability and risk tolerance.
- The author is not responsible for others' trading or their profit outcomes.
I hope you find this information helpful. Thank you very much for your continued support.
Namaste.
✅ Trade here on $AAVE