AAVE Bounces Off Support, Looks Good!
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.
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.
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