Hello everyone!
I'm thinking that DeFi impulse is yet to come and we will see higher highs of DeFi tokens.
Starting with Aave, I don't think that there is a double top pattern on AAVEUSD as the right top is higher than the left one, so it rather makes a wedge.
Nevertheless, the impulse looks stronger that the previous and the dynamic support may be broken, the first static support to watch would be 80.339
The most important is at 71, below which will confirm the double top but for now I'm thinking of longing Aave.
I'm thinking that DeFi impulse is yet to come and we will see higher highs of DeFi tokens.
Starting with Aave, I don't think that there is a double top pattern on AAVEUSD as the right top is higher than the left one, so it rather makes a wedge.
Nevertheless, the impulse looks stronger that the previous and the dynamic support may be broken, the first static support to watch would be 80.339
The most important is at 71, below which will confirm the double top but for now I'm thinking of longing Aave.
Trade closed: target reached
