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AAVE.USDT (Y21.P1.E1).Wedge formation taking place

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Hi All,

This is a continuation of the previous post. Link below.

With a nice uptrend and a recent pullback that looks like a wedge or possibly channel, either way, it seems to be a bull flag.

ref.A.chart

I have the ABCDE count and point E is what we are looking for.
Either way, if it breaks the horizontal level with a nice bullish candle or the slope of the WEDGE, buy in.

Or look for the bullish 8 hrly candle

All the Best,

S.SAri

Not

Might use the 12 HRLY chart rather than the 8 HRLY

Not

not comfortable with the current structure. Will work with the 8 hr or 12 hr chart trend as well.

Not

Almost there, slept through the bounce now looking for that entry.

İşlem aktif

I'm in after this candle

Not

touched one of those resistance lines,...I still think it will go higher

Not

It was going to plan until BTC rockets to 44k due to an announcement and puts many ALTS in a spin.
I will reassess when things settle

İşlem kapandı: hedefe ulaştı

I did sell when BTC did that, near the top.
Now I see a double top scenario, bearish divergence. After it plays out, then I might be interested in the bigger time frames.
Nice uptrend at the macro level.

Not

my thoughts.
Macro bullish structure taking place.
If this horizontal level holds along with with 13/50 1 hrly ema not crossing over and other indictors as well, we will see another move like FTT or LUNA, etc

Not

ssari

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