Technical analysis by Maddox_Metrics about Symbol AAVE on 8/18/2025

Maddox_Metrics

AAVE Elliot wave count could be printing an expanded flat correction in wave 2. 5 waves up complete a motif wave with daily RSI in overbought. 3 clear waves down for wave A (or X) was next followed by a poke above all time on confirmed bearish divergence. If the count is correct then our first target would be a swing below wave A and the ascending daily 200EMA at point [2]. Further decline in wave C (or Z) brings up the previous wave 4 target and the High Volume Node major support $210 point [3] A steeper decline in wave 2, aligning with my September dump idea, brings up the golden pocket at [5] but a more likely target is the alt-coin golden packet at 0.786, s3 daily pivot and High Volume Node support [4]. This would be a great buy opportunity for me. Safe trading