Bearish engulfing on the 4H leaves $AAVE trading at 135.88 right above support at 133.06 (6 tests). 📊
Weekly structure is higher highs/lows (swing 113.19, support 116.80 [4 tests], resistance 146.20 [4 tests]). Daily and 4H show lower highs/lows (daily swing 160.55, support 103.46 [6 tests], resistance 162.91 [6 tests]; 4H swing 150.17, resistance 146.69 [5 tests]).
If the daily closes above 165.98, structure strengthens. Lose 101.94 and next zone 99.29 is in play.
Holding or folding here? NFA
#AAVE #PriceAction #CryptoAnalysis
Weekly structure is higher highs/lows (swing 113.19, support 116.80 [4 tests], resistance 146.20 [4 tests]). Daily and 4H show lower highs/lows (daily swing 160.55, support 103.46 [6 tests], resistance 162.91 [6 tests]; 4H swing 150.17, resistance 146.69 [5 tests]).
If the daily closes above 165.98, structure strengthens. Lose 101.94 and next zone 99.29 is in play.
Holding or folding here? NFA
#AAVE #PriceAction #CryptoAnalysis
