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amindyako99
Mar 1, 2021 8:52 AM

AAVE about to go bull mode. Long

AAVE / TetherUSBinance

Description

With BTC looking for the upside price action thanks to the tripple bullish divergence. AAVE has been ready to move for over 2 weeks. With massive amounts of daily hidden bullish divergence, and previous price action tending to above 500$. AAVE has a lot of room if BTC is allowing.

A similar theory has been applied as in the AVAX idea (look below). Additionally, AAVE has closed the 4 hour candle above the 4 hour desecending wedge and the 200 EMA. These can be used as critical supports as bitcoin has similarly broken out its wedge and confirmed the backtest.

Good luck traders.
Comments
Dave-FX-Hunter
Interesting view
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