AAVE / TetherUS
Long

AAVE LONG BIG TIME

91
AAVE

Blue Chip DeFi token that just broke out from the bearish trend line.

I am personally expecting a major run up especially with Uniswap V3 launch nearing (which with Ethereum constitutes the holy trinity of DeFi imo)

On a more analytical perspective; the fact that the RSI crossed the 60’s level is good sign. We did actually cross all the EMA’s as well, so we can say that we are breaking out of the bear trend.

On the price expectations I would expect a first target around 415 $ at the resistance and second target around 480 $.

My strategy would be to buy a solid bag right now and take some profit at around 520$

Cheers

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