Long

AAVE Looking Strong — Long Entry at $120

AAVE is one of the rare altcoins that showed strength throughout the year. Compared to its March high, AAVE is down only 19% and has been trading in a sideways range since April.

Moreover, after the recent crash, AAVE recovered completely and is back above the EMA200 and the pre-drop level.

Although I am still "on hold" regarding new long trades due to the overall market situation and the Middle East tensions, AAVE is at the top of my trading list.

$120 seems to be a reasonable entry point to ride the wave to the previous top and, depending on the market, even higher.

Keep a close eye on AAVE!

ben_walther

I'm Ben. Crypto lover, trader, and coder.

Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com

🔥 For exclusive content: newsletter.bencrypto23.com/exclusive

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

ben_walther

Also on: