Usually, the appearance of a descending triangle is an indicator of a trend continuation. In the AAVE case, this is a downward movement to $26 area. Subjectively and speculatively, I'm not sure that we will see these target, but so far everything looks convincing and the goal in breaking through the triangle may be quite achievable.
Very accurate pattern. Keep up enriching our community. We try to do our part with our technical analysis as well, have a look below:
Tropnik
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@TradingShot, Thank you! A few years ago, I watched all your bitcoin technical analysis where you talked about global market cycles. You are something like a legend here. Cool!