AAVE UPDATE (1H)

AAVE Looks Bearish both minor and major trends. Recently, AAVE tryed to break the minor resistence but failed. Look at the rejection candles and combine it with volume, you'll have a more clear view.

-Chart tells us that a minor change of character also has appeared,
-There is a small liquidity cluster right below the current price,
-Price should gain more fuel before grabbing that liquidtiy (because it couldn't grab it during last drop and it's signaling that the volume wasn't enough),
- After grabbing the liquidity, price should go a lttle bit higher so it can go down faster.

Targets marked on the chart, if you're looking for a positioning, I'd advice you to use recent high as a stoploss.


Thanks for reading
Skyress.