Head & Shoulder pattern forming on AAVE

٢٥ أكتوبر ٢٠٢١

In 1D AAVEUSDT chart we can clearly see a head and shoulder pattern.the neckline is currently working as a good support.

• 200EMA is about to exceed the 55EMA.
  
• Volume is decreaseing.
  
• RSI is laying on 50-52 area.
  

If it manage to break below the neckline,We will see 283$ 258$. If it bounce from the neckline, we might see 350$ 420$ in next 1-2 months