AAVE/USDT – Symmetrical Triangle Squeeze on 4H
Chart Pattern: Symmetrical Triangle
Timeframe: 4-Hour
Published: June 20, 2025
AAVE/USDT is currently consolidating within a symmetrical triangle. Price is respecting the rising support near the 243–245 zone, while being squeezed by a descending resistance around 263–265. This pattern typically leads to a breakout as volatility compresses.
Bullish Scenario
Entry: On a 4H candle close above 265 with volume
Target 1: 278
Target 2: 290
Stop-loss: Below 242
Bearish Scenario
Entry: Close below 243
Target 1: 230
Target 2: 215
Stop-loss: Above 260
Let the breakout confirm with strong volume before taking a position. Patience is key as AAVE approaches the apex of this formation.
Chart Pattern: Symmetrical Triangle
Timeframe: 4-Hour
Published: June 20, 2025
AAVE/USDT is currently consolidating within a symmetrical triangle. Price is respecting the rising support near the 243–245 zone, while being squeezed by a descending resistance around 263–265. This pattern typically leads to a breakout as volatility compresses.
Bullish Scenario
Entry: On a 4H candle close above 265 with volume
Target 1: 278
Target 2: 290
Stop-loss: Below 242
Bearish Scenario
Entry: Close below 243
Target 1: 230
Target 2: 215
Stop-loss: Above 260
Let the breakout confirm with strong volume before taking a position. Patience is key as AAVE approaches the apex of this formation.
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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.
🚀 Join My Telegram Community for FREE trading signals, entry/exit points, and instant updates!
👉 t.me/cryptobyghazii
👉 t.me/cryptobyghazii
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.