AAVE/USDTPERP Long-Term Trend: Bullish
Key Resistance Levels: 427.05, 483.68, 484.00.
Key Support Levels: 347.32, 308.13, 308.00.
The price on the higher time frame managed to break the Wyckoff accumulation phase to the upside where it posted a big bodied bullish bar. This led to a huge move to the upside and this could continue all the way up toward the next key level.
AAVE/USDTPERP Medium-Term Trend: Bullish
On the lower time frame, the price is about to post a correction count where an accumulation phase is about to be broken to the upside. Higher lows along with bars that has long wicks to the downside shows that the market will rally soon toward the next key level.
Buy Stop Order @ 392.56
TP 1 @ 426.04
TP 2 @ 483.68
Stop Loss @ 382.68
Trade Safely 🙂