$AAVE Rounded top, and limit orders.
We got CPI on the way, and this chart is showing us some positiveness on LTFs while negativeness on HTF.
So, naturally, I would wait for the positiveness to exhaust and have eyes set to place limits around those mentioned areas.
Now the limits are not placed just yet, because confirmations are necessary in this kind of an early setup.
Why is it an early setup, you ask?
Because the bias is bearish because of the rounded top pattern, and that pattern has its neckline right around $88-$90 area, that level hasn't been broken yet and we are going to short it way before that pattern is valid.
High risk, High reward. That's why, need confirmations.
#AAVE.智能策略库🏆🏆 #BTC走势分析
We got CPI on the way, and this chart is showing us some positiveness on LTFs while negativeness on HTF.
So, naturally, I would wait for the positiveness to exhaust and have eyes set to place limits around those mentioned areas.
Now the limits are not placed just yet, because confirmations are necessary in this kind of an early setup.
Why is it an early setup, you ask?
Because the bias is bearish because of the rounded top pattern, and that pattern has its neckline right around $88-$90 area, that level hasn't been broken yet and we are going to short it way before that pattern is valid.
High risk, High reward. That's why, need confirmations.
#AAVE.智能策略库🏆🏆 #BTC走势分析