AAVE has gained popularity and thus its price experienced significant growth. The current corrective wave is about to break the downtrend line; have to wait and see how the price behaves after the break.
Comment:
It seems AAVE finally broke the downtrend line, and almost a double triangle pattern is formed. Let's see what happens.
It seems AAVE finally broke the downtrend line, and almost a double triangle pattern is formed. Let's see what happens.
Comment:
So, AAVE broke the downtrend line; there is a possibility of pullback.
So, AAVE broke the downtrend line; there is a possibility of pullback.
Comment:
After the pullback finished, AAVE started an uptrend, which broke the second downtrend line. Up it goes.
After the pullback finished, AAVE started an uptrend, which broke the second downtrend line. Up it goes.
So the price was not able to break the downtrend line; have to wait and see when price breaks the downtrend line and where the correction wave ends.