Aave Weak Higher High, 5X SHORT—192% Potential

9. Nov. 2024

The peak hit late September, on the 23rd, led to a small retrace. This retrace ended 4-November and was followed by a quick bounce. This bounce produced a higher high. I am calling this higher high weak because trading volume is really low compared to early September and late August and also because it reached only ~10% higher compared to the last high.

This price dynamic can be interpreted in two ways. (1) The up-move is not over and AAVEUSDT will continue to grow. (2) The pull-back is over and a drop comes next.

Both can be traded with a tight stop-loss.
Full trade-numbers below:

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SHORT AAVEUSDT

Leverage: 5X

Entry levels:

1) $200
2) $185

Targets:

1) $175
2) $165
3) $155
4) $145
5) $135
6) $122
7) $117

Stop-loss:
Adjust to your own risk tolerance

Potential profits:192%

Capital allocation: 3%
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Remember to do your own research and planning before trading.
This is not financial advice.

Thanks a lot for your support.

I am wishing you health, wealth, profits and good luck.

Namaste.

10. Nov. 2024

Trade ist aktiv

Follow the numbers. We are live.
Good luck. This is the last SHORT of 2024.

Thank you, it was a nice ride. :)

10. Nov. 2024

Trade wurde manuell geschlossen

We are going bullish. Forget these SHORTs.
Take the loss and move on.

Thanks a lot for your continued support.

Namaste.

10. Nov. 2024

Anmerkung

The bears lost. Accept it.