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🤩 Long 🟢 : Analysis: AAVEUSD Approaching Channel Up Resistance, Potential Parabolic Move.
Pair: #AAVEUSD
Interval: 1W
Date: 07/11/2024 10:00
Exchange: CRYPTO

A Channel Up pattern has been observed in Aave (AAVEUSD) since a Triple Bottom formation on the Bear Cycle Support Zone. The Channel is seen as the Accumulation Phase of the Bull Cycle, signaling a potential breakout when such patterns are breached. The price is nearing its top and the 1W MACD has shown a bullish signal, suggesting a possible move above the Channel Up towards a target of $670.00 ATH.

#AAVEUSD is tradable on CRYPTO 🚀💰

#AAVEUSD | #Aave | #CRYPTO