Aave was in a descendent channel (low yellow and blue line). Likely, it just broke it. It has very little transversal resistance so it might go to near $270-300. It crashed after the double top, then the war so it built the descendent channel. The problem is that it has a lot of resistance at "PSY" before the previous distribution cycle and "PS" when it started the accumulation process. It must break both of the points to enter in SOS. It will then meet a new resistance at $400 once it breaks those.
Bollinger bands are expanding so you can see a $300 approx soon.
There is also good news about street banks lending money.
Anything can shoot up at any time..., e.g. ZIL, WAVES.
Happy trading,
Raf
Bollinger bands are expanding so you can see a $300 approx soon.
There is also good news about street banks lending money.
Anything can shoot up at any time..., e.g. ZIL, WAVES.
Happy trading,
Raf