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.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.