AAVE, just like the rest of the market, has had a rough weekend. These short term spikes down are totally normal and nothing to worry about in a bull market. Based on the fact that BTC is already bouncing back the rest of the market is looking ready for a nice bullish week.
For AAVE, the MACD just crossed the signal line and we had bounces off of the major fib levels. Price target of $520 is good because that is where the major resistance was in February and it just happens to be at the 1.6 fib level.
Not financial advice, just a crypto I'm bullish on.
For AAVE, the MACD just crossed the signal line and we had bounces off of the major fib levels. Price target of $520 is good because that is where the major resistance was in February and it just happens to be at the 1.6 fib level.
Not financial advice, just a crypto I'm bullish on.
I'm happy with an ~30% gain for a two week trade.