Hi friends,
Today, we analyze AAVE in the Daily time frame.
As we had its analysis in the past weeks, the downtrend channel is still holding the price.
We have a good entry point for long positions at $156, which needs confirmation that it has broken the downtrend channel from the upper side.
Also, as mentioned in the past analysis, we have a strong accumulation area ranging from $118 to $150.
Also, the level of $118 is ideal for short positions, which in such cases, if the channel is broken from its Lower Side, we may have parabolic moves towards down.
For spot trading, we have the level of $195, which is a key turning level for gaining its bullish momentum.
As you can see, the volume has been going up in the last couple of weeks.
Today, we analyze AAVE in the Daily time frame.
As we had its analysis in the past weeks, the downtrend channel is still holding the price.
We have a good entry point for long positions at $156, which needs confirmation that it has broken the downtrend channel from the upper side.
Also, as mentioned in the past analysis, we have a strong accumulation area ranging from $118 to $150.
Also, the level of $118 is ideal for short positions, which in such cases, if the channel is broken from its Lower Side, we may have parabolic moves towards down.
For spot trading, we have the level of $195, which is a key turning level for gaining its bullish momentum.
As you can see, the volume has been going up in the last couple of weeks.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.