Soul_Investments

AAVE next move - 2 scenario’s possible

Long
BINANCE:AAVEUSDT   AAVE / TetherUS
AAVE went to the moon after it finished the cup and handle pattern on the 1D graph. If $88 breaks, the price can increase further till $95. Which is highly possible, because according to the AI resistance indicator the main resistance is at $95.

From there, there are two scenario’s possible. AAVE can correct back to Fib. 1.0 or lower. Second is the possibility that AAVE breaks through $95. The price could then reach $120.

It depends on the Bitcoin price and Bitcoin dominance if AAVE is able to continue.
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.