AAVE: Ranging in a Symmetrical Triangle
Updated
AAVE just made a clean symmetrical triangle pattern on the daily chart. It can go either bullish or bearish (mostly bullish).
Bullish scenario targets are $500, $800, 1K.
Bearish scenario is less likely to happen as Elliott's Waves corrective pattern seems bullish. In this case scenario, the first firm support will be around $111.
Bullish scenario targets are $500, $800, 1K.
Bearish scenario is less likely to happen as Elliott's Waves corrective pattern seems bullish. In this case scenario, the first firm support will be around $111.
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