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
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 🎲
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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 ***