Technical analysis by ChampsMoneyConcepts about Symbol AAVE: Buy recommendation (2/9/2024)

AAVEUSDT has experienced a notable bullish breakout, forming a falling wedge pattern under the 4-hour timeframe. This breakout was accompanied by the significant breach of a long-standing trend line, reinforcing the bullish sentiment. Additionally, within lower timeframes, an inverted head and shoulders pattern has emerged, further bolstering the case for a bullish outlook on this pair.Comment: Inverted head and shoulder pattern found on this pair