๐กOne of the cryptocurrency projects that is likely to grow well in the future is the Aave(AAVE) project.
๐What is the Aave methodโ๏ธโ
๐Aave is a decentralized non-custodial liquidity market protocol where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralised (perpetually) or undercollateralised (one-block liquidity) fashion.
๐ณFor some time, good movements have been seen in Whales of the AAVE token, and this can be a good sign for the price increase of the AAVE token.
๐Regarding technical analysis, the AAVE token has succeeded in breaking the Resistance line and is now ready to attack the Heavy Resistance zone.
๐กAt the same time, the Golden Cross signal can be seen after breaking the resistance line in the AAVE token chart.
๐Golden Cross Signal: In technical analysis, a golden cross occurs when the 50-day Moving Average(MA) crosses above the 200-day moving average. It's a bullish sign, indicating that the market may be heading toward a longer-term uptrend or bull market.
๐I expect AAVE to pull back to the broken resistance line in the coming weeks and then start to rise(โ40%) above the ๐กPrice Reversal Zone(PRZ)๐ก.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Aave Analyze (AAVEUSDT), Weekly time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
๐What is the Aave methodโ๏ธโ
๐Aave is a decentralized non-custodial liquidity market protocol where users can participate as suppliers or borrowers. Suppliers provide liquidity to the market to earn a passive income, while borrowers are able to borrow in an overcollateralised (perpetually) or undercollateralised (one-block liquidity) fashion.
๐ณFor some time, good movements have been seen in Whales of the AAVE token, and this can be a good sign for the price increase of the AAVE token.
๐Regarding technical analysis, the AAVE token has succeeded in breaking the Resistance line and is now ready to attack the Heavy Resistance zone.
๐กAt the same time, the Golden Cross signal can be seen after breaking the resistance line in the AAVE token chart.
๐Golden Cross Signal: In technical analysis, a golden cross occurs when the 50-day Moving Average(MA) crosses above the 200-day moving average. It's a bullish sign, indicating that the market may be heading toward a longer-term uptrend or bull market.
๐I expect AAVE to pull back to the broken resistance line in the coming weeks and then start to rise(โ40%) above the ๐กPrice Reversal Zone(PRZ)๐ก.
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Aave Analyze (AAVEUSDT), Weekly time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the โ ' like'โ button ๐๐ & Share it with your friends; thanks, and Trade safe.
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๐if you want to learn Technical Analysis = Please Contact me