AAVE Token Crypto Price News Today Elliott Wave Technical Analysis
Elliott Wave Analysis TradingLounge
AAVE/ U.S. dollar(AAVEUSD)
AAVEUSD Elliott Wave Technical Analysis
Function: Follow Trend
Mode: Motive
Structure: Impulse
Position: Wave III
Direction Next higher Degrees: Wave (III) of Impulse
Wave Cancel invalid Level: 125.280
Details: The five-wave likely goes up to test 492 Level
AAVE/ U.S. dollar(AAVEUSD)Trading Strategy:
The correction in wave 2 seems to be over so we focus on the five-wave rally of wave 3 and The price action remains in an uptrend, and we are looking for a re-entry into the trend.
AAVE/ U.S. dollar(AAVEUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
AAVE/ U.S….