There are some AAVE fibonacci support and resistance lines.
So, if i am buyer, i can wait 439.823 or little more risky, i can buy above 496 and looking for next resistance 542.500
Or if seller, waiting resistance 542 for short. More risky, wait for under 496 for short
Support 1: 496 (weak)
Support 2: 439 (strong)
Resistance 1: 531
Resistance 2: 542
Lets watch.
It şis not investment advice
So, if i am buyer, i can wait 439.823 or little more risky, i can buy above 496 and looking for next resistance 542.500
Or if seller, waiting resistance 542 for short. More risky, wait for under 496 for short
Support 1: 496 (weak)
Support 2: 439 (strong)
Resistance 1: 531
Resistance 2: 542
Lets watch.
It şis not investment advice
Trade active
AAVE must to stay above 542. Then we can talk about Fibo 1.618 :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.