SHORT AAVEUSDT (Bearish Breakout)

22 באוג׳ 2021

The price has crossed the kumo cloud and now is below the cloud, in the meanwhile the baseLine and Conversion Line had a crossover as well as the fact that EMA50 has been crossed too and now is acting as a resistance, on the 4H chart we can see an obvious trendline breakout which gave us lower highs and lower lows plus the FIB 0.618 (Golden Number) happens to be right at the resistance level that all these makes it a reversal signal and a nice opportunity for a short position.
NFA