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AAVE - Falling wedge is breaking out! + Complete Elliott Wave
AAVE / TetherUS
Alış
AAVE - Falling wedge is breaking out! + Complete Elliott Wave
UnknownUnicorn2537518 tarafından
Takip Et
Takip Et
14 Tem 2022
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14 Tem 2022
AAVE is ready for a new bull market!
On the macro scale, we can see a falling wedge pattern that is currently breaking out.
As per my Elliott wave technical analysis, the ABC correction has been completed and because of that we can expect a new Impulse wave.
Good news is that the price has been supported by 0.786 FIB + yellow trendline.
We didn't make a new low on the macro scale, so there is a great chance for a new bull market!
If we take a look at the RSI indicator - we can spot a bullish divergence, always nice to see in the end of the downtrend.
Next target is ofcourse previous all time high from 2021.
I see a lot of altcoins probably bottomed out, so next weeks / months can be finally bullish.
Look at my ideas about interesting altcoins in the related section down below ↓
For more ideas please hit "Like" & "Follow"!
aavebtc
aaveusd
aaveusdt
Ascending Triangle
Bullish Divergence
Descending Channel
Elliott Wave
Falling Wedge
Fibonacci Retracement
Support and Resistance
Trend Line Break
Volume
UnknownUnicorn2537518
Takip Et
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez.
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