AAVE crypto price news today Elliott Wave technical analysis [Video]
Elliott Wave Analysis – TradingLounge Daily Chart.
AAVE/USD (AAVEUSD) Elliott Wave technical analysis
Analysis details:
The AAVE/USD price structure indicates that Wave V is beginning. If the price remains above 192 USD, the uptrend is expected to continue toward the target of 458 USD. However, if the price drops below 179 USD, there could be a deeper correction.
AAVE/USD trading strategy
The structure suggests that Wave V is about to begin. As long as the price holds above 192 USD, the market is expected to trend upward, reaching 458 USD. A break below 179 USD could signal a potential correction.
Trading strategies:
Buy Strategy (Long Position):
Risk management:
Elliott Wave Analysis -…