Everyone, I want to open a large long position on $AAVE .
Take profit: 136.52
Stop loss: 133.3499 👇
You may be wondering the obvious question: why am I going long here?
Because it just won’t fall any further.
The latest 15-minute candle closed at 134.28. The 20-day range is 115 to 165.89,
so the current price is only at the 37.8th percentile. It’s down 1.82% over the past 7 days, and the holders are all hunkered down near the bottom,
while liquidity hasn’t left—it’s just that no one wants to cash out at this level.
First, let’s get the levels clear.
Take profit at 136.52, up 1.67% from the current price; stop loss at 133.3499,
down 0.69%. Both moves are within the 7.20% average daily volatility,
and I never set levels beyond that boundary.
The risk-reward ratio on this trade is about 2.41.
Honestly, when I first saw 134.28, I thought I’d read it wrong. I checked twice before I believed it. It’s been grinding around this level for so long, but just hasn’t broken down.
It’s not a reversal; it just hasn’t had its turn in the rotation. The stage is still empty.
What do you think of this level? Let’s discuss in the comments.
$BNB $LIT
#AAVE #BNB #Cryptocurrency
The above is a record of my personal trading system and observations of data, and does not constitute investment advice
Take profit: 136.52
Stop loss: 133.3499 👇
You may be wondering the obvious question: why am I going long here?
Because it just won’t fall any further.
The latest 15-minute candle closed at 134.28. The 20-day range is 115 to 165.89,
so the current price is only at the 37.8th percentile. It’s down 1.82% over the past 7 days, and the holders are all hunkered down near the bottom,
while liquidity hasn’t left—it’s just that no one wants to cash out at this level.
First, let’s get the levels clear.
Take profit at 136.52, up 1.67% from the current price; stop loss at 133.3499,
down 0.69%. Both moves are within the 7.20% average daily volatility,
and I never set levels beyond that boundary.
The risk-reward ratio on this trade is about 2.41.
Honestly, when I first saw 134.28, I thought I’d read it wrong. I checked twice before I believed it. It’s been grinding around this level for so long, but just hasn’t broken down.
It’s not a reversal; it just hasn’t had its turn in the rotation. The stage is still empty.
What do you think of this level? Let’s discuss in the comments.
$BNB $LIT
#AAVE #BNB #Cryptocurrency
The above is a record of my personal trading system and observations of data, and does not constitute investment advice
