Aave 20,000% Gain Coming Again?
Over the past year LENDUSD (Aave) has risen 20,000%.
Right now we see a retracement which may find support on the previous ATH of 0.36 (blue horizontal).
MACD is also trending down on the Weekly time-frame.
Now may not be the best risk/reward moment for longer-term trading or investment in Aave, however given the epic performance over the past year, this is one to watch.
A consolidation phase will produce several strong entry opportunities in coming weeks, possibly months, before LEND gets going on its next leg up.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
Right now we see a retracement which may find support on the previous ATH of 0.36 (blue horizontal).
MACD is also trending down on the Weekly time-frame.
Now may not be the best risk/reward moment for longer-term trading or investment in Aave, however given the epic performance over the past year, this is one to watch.
A consolidation phase will produce several strong entry opportunities in coming weeks, possibly months, before LEND gets going on its next leg up.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.