$AAVE AAVE is currently on its way to the first resistance area between $151 and $189. A break above this zone would be too high for a reliable wave 4. In this case the blue scenario will start to take the lead. The focus is on how the price reacts to resistance.
Short-term momentum continues to point to the upside for now, and the $113.60 level is the nearest support to watch.
$ETH closed a day above 2,526 for the first time since January.
It closed at 2,612 last night, and this morning it is around 2,640.
One hour from 14:00 UK took it from 2,500 to 2,555. About $85M of ETH shorts were liquidated on the way up.
The measured move of the triangle points at 2,690. Today's high is 2,663.
The old ceiling should now be the floor. A daily close back under 2,526 and it is a failed breakout.
Sunday's weekly close vs 2,515 still decides my long.
0:00 The first daily close above 2,526 since January 0:27 The monthly 0:41 The weekly and my line at 2,515 1:09 Was Ethereum leading? 1:32 The breakout on my WEEX terminal 2:10 The new trade 2:51 My screen 3:07 The plan