@aave won by a mile the community vote, so below is the analysis as shared on ParadigmShift discord:
"... and only a trend change short-term only above $240 area on the weekly close, otherwise business as usual."
Business as usual it was, although it took a bit longer...AAVEUSDT buyers lost $170 area on weekly and we saw the price following the last potential fractal I drew. I would not be surprise to see a continuation of this relief rally which can take AAVEUSDT towards $220-225 area, but, without a weekly close above $230/236 area, I will not change my mind on a higher time frame. The potential path / fractal I drew here, will be invalidated IF we have that weekly close and continuation above $236 area, otherwise I will look to short the rallies AFTER clear rejections.
Reminder, that I analyze weekly 5 altcoins picked by our community, link in bio if you want a deep dive on these topics + much more 🫡
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You pick, I analyze $AAVE
@aave won by a mile the community vote, so below is the analysis as shared on ParadigmShift discord:
"... and only a trend change short-term only above $240 area on the weekly close, otherwise business as usual."
Business as usual it was, although it took a bit longer...AAVEUSDT buyers lost $170 area on weekly and we saw the price following the last potential fractal I drew.
I would not be surprise to see a continuation of this relief rally which can take AAVEUSDT towards $220-225 area, but, without a weekly close above $230/236 area, I will not change my mind on a higher time frame.
The potential path / fractal I drew here, will be invalidated IF we have that weekly close and continuation above $236 area, otherwise I will look to short the rallies AFTER clear rejections.
Reminder, that I analyze weekly 5 altcoins picked by our community, link in bio if you want a deep dive on these topics + much more 🫡