AAVE Confirmed a Larger Decline on The Daily Chart
On the Daily Chart we can see that AAVE has broken below the Ascending Channel Pattern, indicating weakness.
The sellers are now in control and further declines are possible. It may also make a small correction until the price realizes that AAVE is preparing for a downward move.
First Target: 226.50
Second Target: 161.00
If the downward momentum continues, the price could head towards these support areas and possibly even lower.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
On the Daily Chart we can see that AAVE has broken below the Ascending Channel Pattern, indicating weakness.
The sellers are now in control and further declines are possible. It may also make a small correction until the price realizes that AAVE is preparing for a downward move.
First Target: 226.50
Second Target: 161.00
If the downward momentum continues, the price could head towards these support areas and possibly even lower.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.