AAVELong
AAVE - Textbook Failures (BULLISH)
From my August 15, 2024 Interim Market Update:
As mentioned in reports #53 and #54, watch for a potential upside move in AAVE. The interlocking Head and Shoulders pattern hints at a breakout if prices can close above $120 after rejecting the downside. 🚀
AUGUST 22, 2024 UPDATE
The market broke $120 and charged 10% higher to its current price around $134. My price target is $200 based on the depth of the interlocking H&S pattern, but AAVE has traded much higher in the past.
As mentioned in reports #53 and #54, watch for a potential upside move in AAVE. The interlocking Head and Shoulders pattern hints at a breakout if prices can close above $120 after rejecting the downside. 🚀
AUGUST 22, 2024 UPDATE
The market broke $120 and charged 10% higher to its current price around $134. My price target is $200 based on the depth of the interlocking H&S pattern, but AAVE has traded much higher in the past.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.