* AAVE in daily time frame forms a Ascending channel pattern.
* Ascending channel appears when the price moves between two parallel ascending trendlines forming higher highs and higher lows.
* If AAVE breaks the lower trendline of the pattern we can expect a drop till $251 and to continue the uptrend the price needs to move within the pattern or break the upper trendline.
* Ascending channel appears when the price moves between two parallel ascending trendlines forming higher highs and higher lows.
* If AAVE breaks the lower trendline of the pattern we can expect a drop till $251 and to continue the uptrend the price needs to move within the pattern or break the upper trendline.