AAVEUSD trade ideas
AAVE.USDT (Y20.P4.E1).StalkingHi All,
I did not see this earlier otherwise it would have been a great opportunity.
AAVE is on FTX and Binance and a few other exchanges.
Its one of the recent great performers, and in the past, it was called LEND which performed well as part of the defi sweat.
On the small time frame, we have a trend, using the 1 hrly chart along with the EMA.
Now we are looking for the continuation of the uptrend so we need a higher high.
If we get this, then its an opportunity to jump in.
Additionally if it slips past the point as per my chart, we can assume BTC also is breaking a key level. Hence short opportunity is there.
All the best,
S.SAri
How to trade this?
AaveUSD compared with BTCJust something I wanted to watch for dip buying. Disclaimer, I still dont know what I'm doing. Just figured out the compare button. It's pretty nifty.
