Around 10 days ago I made an analysis on AAVE and the potential break out of the bullish wedge.
As expected, the top of the wedge offered significant resistance. We had to cool off a little before the bulls tried their luck again. This time, however, it seems that the bulls are taking the overhand and are attempting a break out of the bullish wedge pattern.
Assuming we can close the day above ~$280, I'm expecting further upside for this token. Be aware that any bearish move from BTC can cause AAVE to fall back within the channel.