AAVE/USDT Bullish after pullback

AAVE/USDT Bullish after pullback

AAVE / TetherUS BINANCE:AAVEUSDT

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Bullish on AAVE. We can see a falling wedge pattern forming on the daily timeframe , with nice bounces between the pattern.

Furthermore, we are able to see a Bullish MACD on the 4hr timeframe. Wait for this to happen on the daily timeframe for a signal to buy.

In this suggestion, we recommend to not wait for price to break out at the falling wedge , but to take profit for the trending wave upwards.

Trade setup:

Entry: 115
S/L: 102
Target: 160

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