TradingView
scout73
Nov 2, 2021 4:05 AM

AAVE Fibonocci Extensions on the Weekly Chart Long

AAVE / US DollarBinance

Description

BINANCE:AAVEUSDAAVE has been trading sideways forming a nice bull pennant. Here are the fibonocci extensions on the weekly chart assuming the swing low of June 21 of $163 is the pivot.
Comments
martinh5621
this thing has been moving sideways for what seems like an eternity... lol. im holding and still expecting it to reach at least 1200+
scout73
@martinh5621, i agree with you. Fundamentally, Its low circulating supply and DeFi utility demand respect.
More