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Unchained_Trading
Dec 29, 2020 5:08 PM

AAVE/USD Long

AAVE / TetherUSBinance

Description

It appears that AAVE has finished a WXY correction with a reaction at the 1.382 extension. This has created a potential Long opportunity with a stop loss at the 1.382 @ $63. The initial range for targets to the upside is from the 1:1 @ $106 to the 1.382 @ $128.

If this begins to move impulsively, I will look towards the 1.618 @ $141.
Comments
abel11
in soo much profits, thanks for sharing
Unchained_Trading
@abel11, Thanks for the comment!
ProjectSyndicate
well done, great analysis for AAVE today and clean chart.
Unchained_Trading
@ProjectSyndicate I appreciate the feedback!
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