Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
The AAVE/USDT weekly chart depicts a descending triangle pattern, which is typically a bearish continuation pattern. The current price is trading below the moving average, indicating a bearish trend. The RSI is neutral to slightly bearish.
If the price breaks below the horizontal support, a further decline to $65 could be anticipated. Conversely, a breakout above the downtrend resistance line could see the price targeting $530, representing a substantial potential upside in the upcoming bull run.
Key Observation:
~ Primary Support: $80 to $88.
~ Lower Support/Entry: $65.
~ High Liquidity Range: $50 to $55.
~ Resistance: $100.
~ Possible Rally: $240, $335, $412, $530.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
The AAVE/USDT weekly chart depicts a descending triangle pattern, which is typically a bearish continuation pattern. The current price is trading below the moving average, indicating a bearish trend. The RSI is neutral to slightly bearish.
If the price breaks below the horizontal support, a further decline to $65 could be anticipated. Conversely, a breakout above the downtrend resistance line could see the price targeting $530, representing a substantial potential upside in the upcoming bull run.
Key Observation:
~ Primary Support: $80 to $88.
~ Lower Support/Entry: $65.
~ High Liquidity Range: $50 to $55.
~ Resistance: $100.
~ Possible Rally: $240, $335, $412, $530.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
Daily Signals:- telegram.me/thecryptorphic
My Fav BITUNIX: bitunix.com/register?vipCode=Cryptorphic
Weex $2000: bit.ly/Weex2026
ELITES: bit.ly/Join_elite
My Fav BITUNIX: bitunix.com/register?vipCode=Cryptorphic
Weex $2000: bit.ly/Weex2026
ELITES: bit.ly/Join_elite
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Daily Signals:- telegram.me/thecryptorphic
My Fav BITUNIX: bitunix.com/register?vipCode=Cryptorphic
Weex $2000: bit.ly/Weex2026
ELITES: bit.ly/Join_elite
My Fav BITUNIX: bitunix.com/register?vipCode=Cryptorphic
Weex $2000: bit.ly/Weex2026
ELITES: bit.ly/Join_elite
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.