LEND is now AAVE, downward correction continues.

9 Kas 2020

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 that LEND would fall into the zone $0.27-0.30, but there was a migration and denomination, respectively, we multiply by 100.
The AAVE low was fixed on 5 November at $25.94, and clearly falls into the zone that was calculated 2 months ago.

If the AAVE price fails to fix above $56-59, then a deep fall will continue:
- initial target - $31
- the global target is a fall into the zone $11-15.
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