🪁Aave is one of the strongest assets on the market at the moment.
📝What do I use as a guide when analyzing this asset?
📊It turns out that some Grayscale is launching, for some unknown reason, a whole Aave fund. A FUND!!!
Do you know what I mean?
A fund is when a huge amount of one or another asset is purchased and held as a resource just in case...
Well, this is the very case when by the end of the current year BTC will be around or more than $80,000, and by the beginning of the next year it will be all of $100,000📊
It will be interesting to see what will happen to the Aave fund in such a scenario? And how many x's will it bring in relation to the same BTC?…💲
Friends, I'm just trying to tell you that if the guys from Grayscale decided to create a fund on Aave, then based on elementary logic, their analysts will probably be cooler than the mommy-trader from YouTube, who tapped the hamster and asked you to follow his referral link.👌
I hope the hint was understood.
Now let's talk in the language of TA and mathematics.
Several facts in favor of continued growth:
➡️First, the price broke out of an 840-day accumulation.
➡️Secondly, the price is testing the broken key level.
❓As you can see on the chart, the accumulation took place within the technical pattern "cup with handle", so we retest the neckline and there is a huge potential for a move to at least the 0.382 Fibonacci level. This is still a good area for gaining medium-term and long-term positions, I would say.
Optimal medium-term target: $280
Other goals: $430, $650, $860🪙
#ЛюбимыйТокен #aave #btc #BinanceTurns7 #BTC $BTC $AAVE $LTC