AAVE Bounces Off Support, Looks Good!

4 ביולי 2021

AAVEBTC moved up multiple levels in January and has stablished a new support.

We can see a low hit mid-April when MA200 was tested as support.

In late June just by a few satoshis we now have a higher low.

With prices moving back above MA200, a bullish cross on the MACD and a strong RSI... Prices can resume it's growth.

Generally, we first aim at the upper part of the channel (blue trendlines), but this can end in a higher high as we are bullish here overall.

Thanks a lot for your support.

Namaste.