AAVE to $196*Swing trade opportunity*
Why that price? No other reason than the golden ratio retracement. Previous corrections in price action has shown a lot of respect for the 0.618.
Why bearish? On the above 5—day chart Stochastic RSI is crossing down 80 (circled in orange) following an overbought condition (green column). Look left - don't ignore cross downs of the 80 on the 5-day chart.
Trade idea is void if price action breaks above $511
