Aave
AAVE Long Opportunity - An essential player in the Defi SpaceAave is an open source and non-custodial liquidity protocol for earning interest on deposits and borrowing assets. A huge ecosystem with multiple essential projects integrated to its protocol, AAVE is an essential mega player of the Defi Space. More interest and cash flowing into Defi will see projects like AAVE, CRV and 1INCH booming.
Currently it has shown huge bullish momentum, targeting a breakout of its all time high at 534. We can see a slight pullback here down to 493 - 500 zone where a rebound is in high probability.
Targets are as shown.
My DEFI SUMMER profit taking indicatorLooking at ratios to finally get some profits paid in btc and eth from my many many many early defi positions which I took before ETH mooned to 4.5k!
Good opportunity to recover lost gains. I am in AAVE, ALPHA, PERP, SNX and LINK against ETH and BTC at this current point.
AAVE - Was I right? IndeedAAVE touched my target and so much more (Check my last AAVE idea)
Right now it's having corrections and dumping due to obvious reasons. but if you're into opening long positions, wait for the price to cross the resistance area and then after the first confirmation, open your positions and aim for target.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
AAVE Daily timeframe analysis After 100 days of suffering inside its side channel, #AAVE finally broke its ATH and its #Flag #Pattern and is now ready to pump.
Also, this month has some good fundamental news that could be a confirmation of the growth of this currency.
In case nothing special happens, it can see the target of 950 $ and have a 70% profit.
P.N : This is my personal opinion and it is not a signal for trading. But if you want to buy AAVE , make sure to take action by managing risk and capital and based on your trading strategy.
*** Future is yours ***