benjihyam

$aave: One trend line to break to $400+

Long
I think Defi on Ethereum is about to have a comeback. As you can see from the chart, we're about to break out of a long-term downtrend. If we break above the trendline, price should skyrocket higher.

Think we're likely to see price move up to the $437 resistance level and possibly higher than that.

Let's see what happens when price breaks up above the blue line.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.