AAVEUSD - FINALLY BREAKING THE RESISTANCE TRENDLINE??
AAVEUSD
Price is showing good sign of upward section after long time of consolidation.
Reasons to be bullish
1) Breaking resistance trendline
2) Strong support at 0.5 fib area
3) Above all MA, golden cross of 20MA and 50MA at daily TF
4) RSI above 50, currently at 56
5) MACD daily flipped green
First level of resistance: USD 454
Second level of resistance : USD 570
Third level of resistance : USD 855
Forth level of resistance : USD 1066
Overall price section looks bullish, price still in consolidation phase, expecting big move soon for AAVEUSD
Price is showing good sign of upward section after long time of consolidation.
Reasons to be bullish
1) Breaking resistance trendline
2) Strong support at 0.5 fib area
3) Above all MA, golden cross of 20MA and 50MA at daily TF
4) RSI above 50, currently at 56
5) MACD daily flipped green
First level of resistance: USD 454
Second level of resistance : USD 570
Third level of resistance : USD 855
Forth level of resistance : USD 1066
Overall price section looks bullish, price still in consolidation phase, expecting big move soon for AAVEUSD
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