AAVE and ONDO
2024-12-11
Category: None

Hello traders and investors!

It's time for a correction in crypto assets. I've selected two assets that look stronger than the market.

 AAVE  
On the daily timeframe, there is an uptrend. There was a false breakout of the level marking the start of the last buyer's impulse – 240.05.

On the hourly timeframe, there is a sideways range, and the buyer's vector 9-10 is active.

You can look for buy opportunities with targets at 300 (288, 297).

 ONDO  
On the daily timeframe, the buyer has formed an impulse. There was a small correction, during which a buyer's zone formed yesterday (green rectangle on the chart). The level of the daily test, 1.61094, passes through this zone.

On the hourly timeframe, the price formed a range. The buyer’s vector moved above the upper boundary of 1.68925, but the buyer returned the price to the range, forming a seller’s zone at the top of the range (red rectangle on the chart) and hit the daily test level of 1.61094.

You can look for buy opportunities with targets at 1.95 and 2.0, preferably from the buyer's defense at 1.61094 or 1.46712 if the price returns to those levels.


Good luck with your trading and investments!
