Ascending Broadening Wedge on AAVEUSD 4h - a bearish signal
2024-09-24

Everyone is high on hopium about AAVE rn, but the 4h chart has a signal that the end of this bull run may come soon. 

Ascending Broadening Wedge pattern is a bearish pattern so I am looking to establish and add to my short position up to around 180. 

This matches my sentiment that this current flurry of bullish spending is a bull trap, and I base that primarily on the Monthly BTC chart which needs to establish a close above around 68 before we can swing back to a bullish forecast. 