Aave hit bottom May 2022, marking the end of the bear market.
The bear market lasted from May 2021 through May 2022, one year.
A very long accumulation period starts after May 2022, no new lows; 100% sideways action.
We can see how a short consolidation phase in late 2020 led to a very strong rally.
Right now we have a long consolidation phase, which can in turn lead to a super strong rally.
👉 The next All-Time High can be around 1,743.
Previous All-Time High happened at 666.
👉 By the way, the chart is bullish short-term based on the September long upper wick that peaked at 116 and the fact that we have higher lows since June 2023.
Namaste.
The bear market lasted from May 2021 through May 2022, one year.
A very long accumulation period starts after May 2022, no new lows; 100% sideways action.
We can see how a short consolidation phase in late 2020 led to a very strong rally.
Right now we have a long consolidation phase, which can in turn lead to a super strong rally.
👉 The next All-Time High can be around 1,743.
Previous All-Time High happened at 666.
👉 By the way, the chart is bullish short-term based on the September long upper wick that peaked at 116 and the fact that we have higher lows since June 2023.
Namaste.
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🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。