Monthly chart zoomed out gives us a good look at why AAVE is one to HODL. There are a lot of traders trading this daily. Looking at the daily chart shows repeating patterns of daily candlestick hammers which provide additional evidence of incredible bullish AAVE sentiment.
AAVE is growing tremendously and well managed and innovative. The price hasn’t begun to reflect the value in my opinion. It broke out of the triangle and retraced and is bouncing again. 3 day averages will all cross soon which seems to have been the pattern for a big breakout on every lesser defi token. This isn’t the best performing crypto yet but it has that...
MKR is holding up like a champ in the face of strong bearish divergence on RSI and Stoch. RSI. Either we timber from here or we moon. Odds favor timber.
This is a late stage defi launch with terrible timing for the initial investors. Their loss is now our gain as the token is primed to 3X quickly and do much more after the halving.
Looking at RSI and MACD, target is $180.00 in weeks.
Falling wedge and extremely oversold while plunging to new cycle lows. Only one way for this to go from here.
RSI is in a downward channel from overbought. BTC pair is still elevated but dropping daily. Might be time to sell.
Seems like a top was put in and we will slowly bleed down for a good while. Ironic because it’s bucked the trend of the rest of DeFi which seems to have bottomed.
What do you experts see? This could be a great buy if whoever just dumped a ton of AAVE stops selling or it could be a big dumpster fire.
Seems like history will repeat imminently. Ideal entry is now.
Aavebtc is in a tight ascending triangle coinciding with Bitcoin’s pumping and a drop to long term support. BTC.D is also within a couple points of expected top which could come and begin an altcoin spike in the next hours, days, or weeks. Thoughts?