I would like to see another re-test of the $345 support, as you will observe, all lines in the structure have been tested 3 times with the exception of this support.
Usually third time is the charm, so if this holds, I expect price action to break the hypotenuse of the triangle.
If it doesn't hold, we buy the bottom resistance line, in which cases the targets change slightly.
Either way, look for buys in the buy-zone.
Then look to fill the rest of your bags on the re-test.
First price target is around $500. but the final target will be almost 60% higher than the current price.
What do you think of Aaves place in the lending / banking / yield farming arena?
Let me know in the comments.
Usually third time is the charm, so if this holds, I expect price action to break the hypotenuse of the triangle.
If it doesn't hold, we buy the bottom resistance line, in which cases the targets change slightly.
Either way, look for buys in the buy-zone.
Then look to fill the rest of your bags on the re-test.
First price target is around $500. but the final target will be almost 60% higher than the current price.
What do you think of Aaves place in the lending / banking / yield farming arena?
Let me know in the comments.
Finance_Goku
