This idea is a continuation of our previous LEND idea .
The community voted to improve Aave (AIP1) to migrate signs from LEND to AAVE!
The migration process began on 10.02.2020, and ended on 10.12.2020, when users counted 1AAVE for 100 LEND.
On 15-16 October, AAVE trades were launched on Binance exchange.
In the previous LEND idea, 2 months ago, we assumed...
Two scenarios:
(a) Break above resistance will result in a R/S flip and upward trend will continue unobstructed
(b) Break below support will result in a S/R flip and we'll see a fast trend reversal
Break through the yellow line
Login.....
Crossing the yellow line becomes the stop loss for the deal for those who want to continue with it
Good luck ,,,
LONG AAVE/USDT on breakout of downtrend! Aave is an open-source and non-custodial protocol to earn interest on deposits and borrow assets with a variable or stable interest rate. It also enables ultra-short duration, uncollateralized flash loans designed to be integrated into other products and services. Aave began as ETHLend in 2017 after it raised $16.2...
AAVE is heading to the 25-26$ zone and this is a worthy buying area. The upside target will be the 37-38$ zone over the next few days and beyond at 47-48$.
However, if AAVE loses the 25$ zone, it will head to the 20$ zone.
📈BUY- LONG Strategy
- Buy close to 25-26$. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 37-38$. Stoploss if A
- Sell: 47-48$. Stoploss if...
- Aave is not looking good right now
- We can potentially see a bounce from a double bottom pattern
- The trendline is broken, which is overall always a bad sign
- You can profit by this drop by using Crypto futures market
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