๐ Market Update: AAVE and Others
The market has been showing an upward trend, which is visible on lower timeframes. At this point, we could see a retracement to test a key support zone. If a rejection occurs and a 12-hour hammer candlestick is maintained, there is a possibility of the market closing as a daily hammer, signaling further bullish momentum.
Possible Action: BUY
Stop Loss (SL): $182.10
Take Profit (TP): $229
๐ Market Structure Insight:
We are also seeing hammer formations on the monthly timeframe for several coins, at a strong support levels. If these formations are confirmed, it could signal the start of a bull run!
๐ Coins to Watch & Hold for long-term
ALCX
BAT
THETA
BOND
#AAVE
#ALCX
#BAT
#THETA
โ ๏ธ Trade with caution & manage your risk wisely! ๐จ
The market has been showing an upward trend, which is visible on lower timeframes. At this point, we could see a retracement to test a key support zone. If a rejection occurs and a 12-hour hammer candlestick is maintained, there is a possibility of the market closing as a daily hammer, signaling further bullish momentum.
Possible Action: BUY
Stop Loss (SL): $182.10
Take Profit (TP): $229
๐ Market Structure Insight:
We are also seeing hammer formations on the monthly timeframe for several coins, at a strong support levels. If these formations are confirmed, it could signal the start of a bull run!
๐ Coins to Watch & Hold for long-term
ALCX
BAT
THETA
BOND
#AAVE
#ALCX
#BAT
#THETA
โ ๏ธ Trade with caution & manage your risk wisely! ๐จ