AAVE, Break out and bullish move eminent? Aave looks like it's building momentum that could break out of the bull flag/pennant. A break out of this formation could lead to $175 move in fairly short deration.
The technical trade is the break out and a hold of the break out. If it were to fall back in the zone it is considered a fake out.
Either way you cut it, AAVE is good price here for long term growth.
Let me know what you think AAVE and this analysis down below.
Kind regards
WeAreSat0shi
Aave
AAVE on the Rise: Heading to $360?All signs point to a strong upward move for AAVE, especially when compared to the Bitcoin short. It looks like AAVE is about to enter a steep positive phase. I’m positioning myself accordingly to take advantage of this potential upswing.
What do you think?
I’ll share more details soon.
Stay tuned, and I’ll catch you in the next one — peace!
Technical Analysis of AAVE/USDT: Potential Wave PathThis analysis examines the wave structure of AAVE on the 4-hour timeframe. Based on Elliott Wave Theory and Fibonacci levels, the price appears to be in a corrective phase, with key support and resistance zones highlighted.
Key Insights:
Corrective Wave (ABC):
The price has entered a corrective movement in the form of ABC after completing the third bullish wave.
The support zone between $256–$235 is identified as a potential completion area for Wave 4.
Fibonacci Levels:
The 113% ($256.08) and 127.2% ($238.48) Fibonacci levels serve as key points for potential price reactions.
Wave 5 Completion:
Upon completing Wave 4 in the highlighted support zone, the price is expected to enter Wave 5.
The target for Wave 5 could extend beyond $500, depending on the strength of the bullish momentum.
Possible Scenarios:
Bullish Scenario:
If the price finds support in the $256–$235 zone and reverses upward, Wave 5 may initiate, continuing the bullish trend.
Bearish Scenario:
A breakdown below the $235 support zone, followed by consolidation, could alter the Wave 4 scenario and lead to increased selling pressure.
Conclusion:
AAVE is currently in a corrective phase, with the $256–$235 support zone serving as a critical level to watch for determining the next move. Traders should closely monitor price reactions at this level and utilize confirmation tools such as momentum indicators.
Share your thoughts in the comments, and don't forget to follow me for more detailed analyses!
AAVE. Strong Fundamentals Drive. 12/26/24BINANCE:AAVEUSDT #AAVE is a decentralized protocol for lending and borrowing assets on the Ethereum blockchain. AAVE is a rare, older project that managed to survive the bear market and is now making a strong comeback, signaling renewed interest and improved market performance.
The project has strong fundamentals, suggesting a solid and reliable foundation for growth. I believe #AAVE has massive potential to reach its all-time high (ATH) at the very least.
Look for an entry between $331 and $297, with a near-term target of $565. But ultimately, the decision is yours!
DYOR.
AAVEUSDT Analysis: Retracement Opportunity AAVEUSDT has been trending upward without significant retracement for a long time. With a 63% volume/market cap ratio , any meaningful retracement could offer an excellent opportunity. At this point, I see no reason to ignore such a setup if it aligns with key demand zones. This is a Spot Buy.
Key Points:
Lack of Retracement: AAVEUSDT has been on a strong run without a pullback.
Volume/Market Cap Ratio: 63% indicates healthy liquidity and interest.
Retracement Potential: A good pullback could provide a favorable entry.
Confirmation Indicators: I will use CDV, liquidity heatmaps, volume profiles, volume footprints, and upward market structure breaks on lower time frames for validation.
Learn With Me: If you want to master how to use CDV, liquidity heatmaps, volume profiles, and volume footprints to pinpoint accurate demand zones, just DM me. I’d be happy to guide you!
Reminder: Be aware of the market's current state and approach it with caution. Successful trading relies on meaningful levels and robust confirmations.
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you! Wishing everyone success in their trades.
If you think this analysis helps you, please don't forget to boost and comment on this. These motivate me to share more insights with you!
I keep my charts clean and simple because I believe clarity leads to better decisions.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups.
If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
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I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
aaveWell, we have a weekly timeframe where in order to reach its historical high and that green box, this red line area must be broken. This area is also very powerful. In the short term, we have a green box that can enter these areas as long as it is not broken, but if it is broken, we have the first step of the blue lines.
AAVE Accumulation Zone and Breakout OpportunityAAVE is looking super bullish on the 12H timeframe. A breakout above the marked shaded resistance area could trigger a strong bullish move.
The green box represents an excellent accumulation zone, providing a solid opportunity to prepare for the next leg up. Monitor closely for confirmation of the breakout.
Don't forget to follow for more insights.
DYOR, NFA
Why 68% of top traders are bullish on Aave right nowA broader cryptocurrency market is struggling, including major assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Meanwhile, AAVE is leading the market with a 15% upward momentum.
This bullish momentum is driven by heightened trader interest worldwide, as reported by the on-chain analytics firm Coinglass.
According to the data, AAVE’s futures open interest has surged by 15% in the past 24 hours, highlighting how traders are capitalizing on the current market sentiment and building new positions.
In addition to on-chain metrics, Binance’s AAVE/USDT long/short ratio currently stands at 2.10, indicating strong bullish market sentiment among traders.
On-chain data further reveals that 68.50% of top traders on Binance hold long positions, while 31.50% hold short positions.
On the chart, AAVE has formed a bullish engulfing candlestick pattern at the crucial support level of $290 but currently appears to be struggling near the resistance level of $337.
Based on recent price action and historical momentum, if the altcoin closes a daily candle above $340, there is a strong possibility it could soar by 25% to reach the $415 level in the near future.
In addition to its bullish outlook, AAVE’s recent price dip is viewed as a price correction, which now shows signs of a potential rebound.
On the positive side, AAVE’s Relative Strength Index (RSI) currently stands at 59, close to the overbought region, indicating that the altcoin has sufficient room to gain further upward momentum.
TradeCityPro | AAVE : Insights into the DeFi Lending Giant👋 Welcome to TradeCityPro!
In this analysis, I’ll delve into the AAVE token. The current market conditions are challenging, and finding good positions is difficult. Therefore, I’ll focus more on explaining the project and less on chart analysis.
🔍 About AAVE:
AAVE is a blockchain-based platform that allows users to deposit their assets as collateral and borrow against them. Since the platform operates on the blockchain, both collateral and loans are in the form of cryptocurrencies. A key parameter in this platform is the Health Factor, which is calculated based on the collateral amount and the borrowed amount. If this parameter falls below 1, the likelihood of liquidation increases significantly.
🔄 This platform enables users to borrow funds in a decentralized environment. Borrowed funds can be used directly or leveraged within the DeFi space for higher profits. However, this comes with specific risks, as highlighted earlier.
💸 AAVE generates revenue through interest rates charged to users. For instance, if a user supplies Ethereum to the platform, they earn a 5% return, while a borrower pays 7% interest. AAVE earns the 2% spread as its profit for mediating between the supplier and the borrower.
💰 Currently, the platform's Total Value Locked (TVL) stands at $19 billion, ranking second after Lido. This builds substantial trust among users. Due to its revenue model, AAVE is one of the few profitable crypto projects, enabling stakeholders to earn not only from token appreciation but also from platform-generated income.
🤝 Given AAVE's revenue model and the scarcity of profitable crypto projects, it has the potential to grow into one of the largest platforms in the crypto space. Already ranked second in TVL, it can further attract more users and expand its presence.
🔵 If AAVE continues to grow, its token could become one of the most critical assets in the market. With a market cap of $5 billion, AAVE currently ranks 30th by market cap. If its revenue remains stable and the project stays profitable, the token’s rank is likely to improve further.
📅 Weekly Timeframe: Strong Bullish Momentum and Parabolic Movement
In the weekly timeframe, there is a visible accumulation box with its ceiling at $130.24. After breaking this level, strong bullish momentum entered the market. Following a pullback and breaking the $202.63 resistance, the next significant resistance lies at $476.74.
📈 From the initial rise off the $51.76 low, the buying volume has surged significantly, validating the upward trend. The RSI entered the overbought zone after the break of $202.63, further propelling the price upward.
🚀 The $476.74 resistance is critical, coinciding with the ATH level. Breaking this level could lead to a new ATH. Currently, Fibonacci levels for subsequent targets cannot be determined until the price correction zones are identified. After completing the correction, further targets can be analyzed.
🔽 In a corrective scenario:
The first key zone is $202.63, especially if it aligns with the curved trendline, strengthening its significance.A deeper correction could reach $130.24, and breaching this level would end the bullish trend, signaling the start of a new market cycle.
✨ Breaking the $77.45 level would introduce bearish momentum, while a break of the $51.76 support could instill significant fear in the market, potentially leading to sharp price drops.
📅 Daily Timeframe: Signs of a Possible Correction
In the daily timeframe, the latest bullish leg can be examined in more detail. Currently, the price has hit the $381.71 resistance and is undergoing a correction after one test.
🔑 So far, the correction has not been deep, with the price shadowing to the 0.382 Fibonacci level and temporarily recovering. If the correction continues:
The 0.5 Fibonacci level is crucial and observable in lower timeframes.
📉 If both levels are broken, the next major support is $195.25, overlapping with the 0.786 Fibonacci level. This level is the last critical zone to maintain bullish momentum. Breaching it could bring bearish momentum into the market.
🔼 If the correction concludes and the $381.71 resistance is broken, the next resistance lies at $637.94. Breaking the 70 RSI resistance would reintroduce buying momentum. It is notable that the market volume hasn’t declined yet, which supports the bullish trend.
⏳ 4-Hour Timeframe: Futures Triggers
In this timeframe, I will focus solely on futures triggers since the higher timeframe scenarios are already analyzed.
🔽 After reaching the $381.71 resistance, the price entered a corrective phase, touching the 0.382 Fibonacci level before forming support at $295.77. Breaking this support would activate the first short trigger, though it is highly risky due to the overall bullish trend. Personally, I won’t take this position as the market trend is still upward.
💥 Another short trigger could emerge based on Dow Theory, but the market hasn’t yet established the necessary structure.
⚡️ For a long position, the primary trigger is the $381.71 resistance, which is a crucial level. I aim to open a long position if this resistance is broken to profit from the next upward wave. Since opening a position upon breaking this level is challenging, an early long trigger could be identified at $337.93. A break of $53.80, coinciding with the $337.93 resistance, could also provide a good opportunity for a long position.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️ above.
AAVE thesis by Titan_KarmaMarket Overview
The current market sentiment suggests a moderate bullish outlook, with a recommendation to HOLD or BUY the existing position. The asset is trading at $305.57, slightly below the open position price of $305.60, indicating a marginal decline but within a consolidation range.
Key Technical Indicators
Stop-loss: Positioned at $300.00, providing a safety net against potential downward volatility.
Take-profit: Targeted at $310.00, reflecting a reasonable resistance level to maximize gains.
Exit Point: Advised at $305.81, offering an opportunity for partial profit-taking just above the current price.
Confidence Level
The confidence level for this strategy is 75%, signaling cautious optimism. While the risk-reward profile is favorable, traders should remain vigilant for shifts in price momentum.
Correlation with BTC
The asset shows a neutral correlation with Bitcoin at 0.05, implying minimal influence from BTC's price movements. This provides room for the asset to move independently based on its own market dynamics.
Position Analysis
Current Open Position: One long position opened at $305.60, showing negligible unrealized loss.
Short Positions: None active, suggesting a lack of bearish sentiment.
Risk Management Strategy
Tight stop-loss ensures downside protection at $300.00, while the take-profit level at $310.00 secures a favorable upside.
Traders should monitor the $305.81 exit point for partial profit-taking and re-evaluate market conditions if the asset approaches this level.
Recommendation
Continue to HOLD the current long position, with a potential BUY opportunity if prices drop near the stop-loss level without breaching it. Monitor market trends closely and adjust risk management parameters as necessary to account for any changes in sentiment or volatility.
These Top 30 AltCoins have GOOD setups against BTC The Analysis of Benjamin Cowen
Benjamin Cowen , a well-known cryptocurrency analyst, has pointed out that many cryptocurrencies that exhibit a double bottom against Bitcoin ( CRYPTOCAP:BTC ) have experienced HIGH price increases, we have examples like CRYPTOCAP:SOL ($225.05 - 211.31% return (1y)) in the middle of 2023 when it did a double bottom against CRYPTOCAP:BTC and recently with CRYPTOCAP:XRP ($2.62 - 323.88% return (1y)) in early November, both outperforming BTC ($106,726.68 - 155.86% return (1y)) this year.
Source vid: The EXACT Date You Should Go ALL IN on Altcoins! at 42:00
BTC Dominance
When BTC's dominance rises relative to other cryptocurrencies, ppl often shift into BTC in search of stability, aiming to capture the secure upside that altcoins may not provide. During this period of increasing BTC dominance, altcoins can bleed or just go sidewaves while BTC goes up, meaning their value decreases in relation to BTC. But, these altcoins I'm gonna show you seem to have double bottomed against their BTC pair and it might be the start of a huge upside in the USD pair too.
Double Bottom Pattern
The double bottom pattern indicates that selling pressure has bottomed out and can signal a bullish move. Recognizing this pattern in the context of BTC dominance offers a valuable setup and great expectations for price since it tends to follow an upside movement.
So🤔¿Are you wondering which AltCoins have a similar setup? 👀
I just wanted to point out coins in the Top 30, while all crypto market implies risk, the ones in this top 30 have high marketcap and are well known projects so you're kinda in safer.
Chainlink ( CRYPTOCAP:LINK )
Avalanche ( CRYPTOCAP:AVAX )
AAVE ( CRYPTOCAP:AAVE )
DOGE ( CRYPTOCAP:DOGE ) Doge is already on the move but it has the checkbox, could go higher in this pair
Which ones are on the way to get this setup?
CRYPTOCAP:NEAR AMEX:APT CRYPTOCAP:DOT CRYPTOCAP:ADA - All these 4 are on the way to get it, but remember it's just a good setup IT DOES NOT MEAN they're not gonna go up in the altseason cuz they're probably still gonna do it since they're really big L1's. One thing for sure that has been talked about it's the concern that we had like a mini altseason and ofc we can't say for sure it's coming the big one, but BTC 4 year cycles has repeated till this date so it might come anyway.
That's it for the post, these are the top 30 altcoins that could outperform BTC from now, thank you for your time and remember DYOR (Do your own research)
2024 Overview - Whats Looking Big for 2025The crypto market is maturing to the point of clear winners and losers within the application space. The chain level has proven in 2024 not to be decided with the consistent growth of SOL Within the different chains though we have still seen winners seperately themselves from the losers.
The winning applications? Usually theyve been in three fields. Validating. Swapping. Lending. Now there are emerging winners appearing in the fields of RWA. Yield. Whatever Ethena is. These fields are distancing themselves from the losers. The zombie fields. The seed investment fields. The metaverses. The gaming. The NFTs.
The losing fields might have volatile token performance and they could definitely see strength start in 2025.. but those applications were big losers in 2024. Surprise, surprise... their token performance wasnt great. It may have something to do with the fact no one uses the application.
2025 I believe we will see those that were leading applications and leading token performers in 2024 continue to be the leaders of 2025.
EDIT - I forgot to mention in the video my favourite growth chain of SUI. SUI has been a relative leader both technically and fundamentally.
AAVE/USDT 4-Hour Chart Analysis- Trend Analysis: The AAVE/USDT pair is currently in an uptrend, as indicated by the series of higher highs and higher lows. The price has recently broken above several key resistance levels, now acting as support.
- Support Levels:
$344.42: Previous resistance turned support after the breakout.
~$332.81: Fibonacci retracement level at 0.236.
~$323.56: Fibonacci retracement level at 0.382, which has also acted as support in the past.
- Resistance Levels:
~$389.06: Current price level, acting as immediate resistance.
~$397.51: Next psychological resistance, slightly above the current price.
- Fibonacci Retracement Levels:
The chart shows Fibonacci retracement levels drawn from the recent swing low at $246.10 to the swing high at $397.51.
Key levels include:
0.236 at $332.81
0.382 at $323.56
0.5 at $315.06
0.618 at $306.23
0.786 at $293.42
- Volume: There's a noticeable increase in volume during the uptrend, indicating strong buying interest. Volume spikes are particularly evident at breakout points.
- Moving Averages:
The chart includes moving averages, which are not explicitly labeled but seem to be guiding the price action, with the price staying above these averages during the uptrend.
- Strategy:
-- For Buyers: Consider buying on pullbacks to the support levels, especially if the price holds above the $344.42 mark. Keep an eye on the volume for confirmation of buying interest.
-- For Sellers: Wait for a clear break below the $344.42 support to target lower levels, possibly aiming for the Fibonacci retracement levels as potential targets.
- Risk Management:
Always use stop-loss orders below key support levels for long positions to manage risk.
For short positions, set stop-losses above resistance levels to protect against unexpected breakouts.
- Outlook:
Bullish if the price maintains above $344.42, with potential targets at $397.51 and beyond.
Bearish if the price breaks below $344.42, with initial support at $332.81 and further potential downside to $323.56.
Note : This analysis is based on current market conditions and should not be considered as financial advice. Always do your own research or consult with a financial advisor before making trading decisions.
This text provides a detailed analysis of the AAVE/USDT chart, focusing on key technical levels, trends, and potential strategies for traders, which can be useful for those looking at this chart on TradingView or similar platforms.
AAVEUSD: Mania phase started and targets $2,500AAVE is heavily overbought on its 1D technical outlook (RSI = 82.361, MACD = 36.650, ADX = 44.549) but during Bull Cycles, this accelerates the exponential growth of rallies instead of being a bearish signal for a correction. The current rally has already reached the 0.786 Fibonacci level and based on the Bull Cycle 2020-21, it should not stop here but instead extend above the ATH. Our long term target is the 1.5 Fibonacci extension (TP = 2,500).
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$AAVE - Donald Trump has bought it !!Hey Community,
I am back with ideas and setups from time to time here so I would appreciate the like and follow and enjoy all the content ♥
Good timing on CRYPTOCAP:AAVE with the entry just before U.S. President-elect Donald Trump's World Liberty Financial has spent $12M on CRYPTOCAP:ETH , CRYPTOCAP:AAVE , and CRYPTOCAP:LINK in the past 10 hours, including:
• 2,631 CRYPTOCAP:ETH (10M) at ~$3,801
• 3,357 CRYPTOCAP:AAVE (1M) at ~$297.8
• 41,335 CRYPTOCAP:LINK (1M) at ~$24.19
This is the fund's first purchase of CRYPTOCAP:AAVE and CRYPTOCAP:LINK 🚀
This can send CRYPTOCAP:AAVE higher for longer as the President will do a lot in order to make money with his coin and possibly knows about implementations of CRYPTOCAP:AAVE !
AAVE to 400$📈 Trend: The chart shows an upward trend within a channel.
🛑 Resistance: Key levels appear around $200 (🔍 "Wait for break $200"), $251.69, and $360.28.
🟢 Support: The highlighted level at $175.55 acts as a significant support zone.
⚠️ Breakout Watch: A breakout above $200 could signal further upward momentum.
🔺 Targets: Next potential resistance levels after $200 are $251.69 and $360.28.
Summary: 🚀 Wait for confirmation of a breakout above $200 before entering a long position. If it holds, watch for movements toward the higher resistance levels. 🛡️ Protect against drops near $175.55.
AAVE to $840Based on the weekly chart (1W) for the AAVE/USDT pair, here are the predicted support and resistance areas that can be identified:
Support Levels:
Support 1: 175–190 USD
This zone is seen as a blue Area of Interest (AoI) with high volume below the current price. This level is likely to be an accumulation area if the price corrects.
Support 2: 135–150 USD
A lower support area based on historical movements. This zone is important to maintain the long-term bullish structure.
Support 3: 105–110 USD
Key support based on the long accumulation range in 2023. If the price falls to this level, it could be a great opportunity for long-term buying.
Resistance Levels:
Resistance 1 (Initial Target): 275–280 USD
This is the current level being tested, and breaking it will be a confirmation to continue the bullish trend. Resistance 2 (Intermediate Target): 365–380 USD
Located near the 0.382 Fibonacci level, this is an intermediate target if the price manages to break through 275 USD.
Resistance 3 (Main Target): 840–1,000 USD
The next major target is near the red zone (Area of Interest) on the chart. This level is an important psychological resistance that will attract traders' attention.
Strategy for Price Movement:
Bullish Scenario: If the price breaks through 275 USD with high volume, the potential for an increase to 365 USD and then to 840–1,000 USD is very possible.
Bearish Scenario: If the price fails to break through 275 USD and corrects, the potential for a decrease to support at 175–190 USD or even 135–150 USD should be considered as an accumulation opportunity.
Monitor additional indicators such as volume and momentum (RSI/MACD) for trend validation. Also make sure to use good risk management, such as a stop loss below a key support level.
CRYPTOCAP:AAVE BINANCE:AAVEUSDT CRYPTOCAP:TOTALDEFI CRYPTOCAP:OTHERS