Technical analysis by TraderLumos about Symbol AAVE: Buy recommendation (9/6/2024)

https://sahmeto.com/message/2584901

AAVE/USDT Long

Buy

Price at Publish Time:

$124.49

Profit Target:

(+8.30%)$134.82

Stop Loss Price:

(-4.67%)$118.67

I am entering based on these rationales: 1) US Market are closed on the weekends (Today's dump was due to NASDAQ tech dump)2) I'm expecting BTC to bounce from here with the 4hr candle forming a wick3) Good R:R at current positionEntry : CMP 124.60 - 120Target : 126-128-130-132-134StopLoss: 118

Source Message: TradingView