AVEUSD trade ideas
AAVE is flying. AAVEUSDAnd might go higher. Again, similar picture to what we had with the likes of SNX and BZRX, but this image is much, much stronger. I have a real feeling that this one is going to be one of the highest flyers of Q4 2020. And the picture confirms this. Confirmed pivot a while ago (blue line), I am tracing Fib Goals in green. Let's roll this thing.
Some preliminary targets are painted in in green, and invalidation in red as always. Good luck, traders - and remember nothing I ever say is financial advice. Do your own work and make up your own mind.
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AAVE.USDT (Y20.P4.E1).StalkingHi All,
I did not see this earlier otherwise it would have been a great opportunity.
AAVE is on FTX and Binance and a few other exchanges.
Its one of the recent great performers, and in the past, it was called LEND which performed well as part of the defi sweat.
On the small time frame, we have a trend, using the 1 hrly chart along with the EMA.
Now we are looking for the continuation of the uptrend so we need a higher high.
If we get this, then its an opportunity to jump in.
Additionally if it slips past the point as per my chart, we can assume BTC also is breaking a key level. Hence short opportunity is there.
All the best,
S.SAri
How to trade this?