Bottomed: BTC and AAVE looking bullish

Jan 25, 2022

TLDR: Getting convergence of price and RSI, and the price has started to form a head and shoulders on the hourly.

This is not financial advice, I am an amateur who is trying to learn and put his theories to the test of time. Follow at your own risk.

Jan 25, 2022

Note

We have reached 37.5k for BTC, which is a shoulder line. If we go a little bit higher and comeback to bounce of the shoulder line, it will confirm the run up.

Jan 26, 2022

Note

The price not only bounced off 37.5k, it actually accumulated on top of the line a triple bottom, very bullish. Look for the targets mentionned for reversals (BTC ~41500 and Aave ~176).

Jan 27, 2022

Trade closed manually

Update on next ides. TLDR: Not looking like it's going up much higher for the weekend. Looking for 37k-37.5k for reversal.