Aave #AAVE $AAVE (July-16)
AAVE just broke out of the Channel pattern and the target of this pattern is the $120 zone. We can accumulate AAVE in the $80-90 zone for the medium term target because if it breaks out of the $120 zone it will surge to the $190-200 zone.
The $120 zone is currently a very strong resistance zone so we can take profit there to avoid losing profits and consider buying back at the level of $100 for our target of $190-200.
However, we should still watch out for a possible bad case that if AAVE loses the $80 zone, we need to sell AAVE right away because it could fall sharply to the $50-60 zone or even deeper.
The $120 zone is currently a very strong resistance zone so we can take profit there to avoid losing profits and consider buying back at the level of $100 for our target of $190-200.
However, we should still watch out for a possible bad case that if AAVE loses the $80 zone, we need to sell AAVE right away because it could fall sharply to the $50-60 zone or even deeper.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.