AAVE just hit a long term support. I am expecting a reversal here. What to extract from the chart?
1- Elliott wave 1 and 2 of wave 5 are done.
2- I have 2 targets. A conservative one 1200 - 1700 USD range and an agressive one 5000 - 7000 USD. The first is probable, the second is possible;
3- Broaden wedge;
4- RSI bottomed.
5- Wave 5 missing.
1- Elliott wave 1 and 2 of wave 5 are done.
2- I have 2 targets. A conservative one 1200 - 1700 USD range and an agressive one 5000 - 7000 USD. The first is probable, the second is possible;
3- Broaden wedge;
4- RSI bottomed.
5- Wave 5 missing.