Another STAIRWAY TO HEAVEN, All moving averages changing from dark to light colors, meaning they are starting to point upwards. Mkt cypher B cloud & Wolfpack holding above zero although the Stoichastic Rsi hints at a small retracement.
As of this time, both the ma200 & ma100 in the daily chart are keeping the price below 266. AAVE needs to break above this to get out of the descending triangle. Failure to do so would signal a retracement to 206 or even a retest of 158 double bottom before another run up by the bulls’ dip-buying.
I truly believe we are pretty much done with the ABC wave IV corrective wave & wave V has started. A conservative entry would be to wait for triangle break-out(that may be soon) or a retracement to 206 or 158 w/c may not happen. Pls don’t take this blindly & do your own analysis.
As of this time, both the ma200 & ma100 in the daily chart are keeping the price below 266. AAVE needs to break above this to get out of the descending triangle. Failure to do so would signal a retracement to 206 or even a retest of 158 double bottom before another run up by the bulls’ dip-buying.
I truly believe we are pretty much done with the ABC wave IV corrective wave & wave V has started. A conservative entry would be to wait for triangle break-out(that may be soon) or a retracement to 206 or 158 w/c may not happen. Pls don’t take this blindly & do your own analysis.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.