Yello Paradisers, is AAVE about to deliver a clean breakout... or is this just another trap to wipe out early bulls?
💎Currently, AAVE is tightly compressed within a falling wedge formation, right above a major support zone between $142 and $147. While this is typically a bullish pattern, nothing is confirmed yet. The MACD is showing bullish divergence, which is often an early sign of a shift in trend, but without a proper breakout above descending resistance, this setup remains incomplete.
💎We’re watching for a clean break and 4H candle confirmation above the wedge. Only then would we consider this a high-probability long setup targeting the $175–$180 resistance zone. Until that breakout happens, entering early would be gambling, not trading. This area has trapped many impatient buyers before.
💎On the other hand, if the price fails to hold above $140 and breaks below the structure, the bullish setup becomes invalidated. In that case, the next area of interest sits around $135, where further downside acceleration could occur.
Patience is key now. This is a moment where discipline will separate the pros from the crowd.
MyCryptoParadise
iFeel the success🌴
💎Currently, AAVE is tightly compressed within a falling wedge formation, right above a major support zone between $142 and $147. While this is typically a bullish pattern, nothing is confirmed yet. The MACD is showing bullish divergence, which is often an early sign of a shift in trend, but without a proper breakout above descending resistance, this setup remains incomplete.
💎We’re watching for a clean break and 4H candle confirmation above the wedge. Only then would we consider this a high-probability long setup targeting the $175–$180 resistance zone. Until that breakout happens, entering early would be gambling, not trading. This area has trapped many impatient buyers before.
💎On the other hand, if the price fails to hold above $140 and breaks below the structure, the bullish setup becomes invalidated. In that case, the next area of interest sits around $135, where further downside acceleration could occur.
Patience is key now. This is a moment where discipline will separate the pros from the crowd.
MyCryptoParadise
iFeel the success🌴
Want to trade like a PRO without the 15+ year learning curve?
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🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.