AAVE Price Prediction: Explosive Bull Run Imminent!


Date: 12/07/2023 
Horizon / Timing:  Tactical Mid-term / 1 to 3 months 
Titre : (BUY) AAVE bullish swing in progress to 105/122 within the range 




AAVE is expected to progress towards 122. A break above the trend line will open a potential towards 88 before 105 and 122. 

As long as 65,40 remains a tactical support valid in daily close a direct bullish move is expected. 

Technical Key Elements: 

- AAVE keeps potential to test the upper part of the blue range at 122 
- RSI indicator is positive with a bullish signal valid and upside potential 
- The Moving average crossed to the upside and act as support at 65,40 
- Fibonacci key support is adjusted at 65,40 while the Elliot wave shows upside potential towards 105 and 122 

Trade Idea conclusion:  Buy - Conviction: 




Target 2: 122 

Target 1: 105 

Intermediate level at 88  

Buy: add in dip area 73 

Stop: 65,40 




Chart: Daily Basis (Candle Stick) - Logarithmic  

Indicators: Exponential Moving Average (21/34/89) - RSI (21) 




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