Aave
AAVE - Powell can send it ParabolicCome on Powell, we need no hike or at least small hike for a proper PUMP.
AAVE has support close at 76,5, at the lower end of a rather Bullish channel.
A push today can send it into parabola mode and 84$-92$ and 110$ could be fast.
NEWS:
Robinhood lists Aave And XTZ On Their Platform
Aave set to launch third version of its crypto lending protocol on Ethereum
Aave integrates Chainlink's proof of reserves on Avalanche via BGD Labs
Aave starts governance discussion to deploy on upcoming Polygon zkEVM mainnet
Professor's favorite DEFi crypto: AAVE
Let's Go! (remember to mind the Powell)
AAVE: Inverse Head and ShouldersAAVE (AAVE) technical analysis:
Trade setup : Trading in an Inverse Head and Shoulders pattern. Could revisit $97 resistance zone. (set a price alert).
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $70, then $60. The nearest Resistance Zone is $80 (previous support), then $97.
#AAVEETH - 10% Up or 15% Down?We've locked in a profit of well over 10% on a previous Long trade within #AAVEETH - we've got a Sell signal from Crypto Tipster v2..
Looking at this chart we're seeing two possibilities, the first is that CTv2 is absolutely right with it's signal, this would represent a drop of around 15% within #AAVE to the next level of support.
The second scenario is the layer of potential support just under the current price is strong and rejects the price decline, this would create a pinch point and possibly push the price upward to next resistance, gains of 10%.
What do you think?
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#AAVE Drops 23% From February Highs, Token May retest $65Past Performance of AAVE
AAVE is bearish at spot rates, trading below a critical support line, now resistance. Currently, the token is down 23% from February highs and under pressure. Notably, buyers are yet to reject attempts lower. Instead, prices are inching lower, even riding the lower BB.
#AAVE Technical Analysis
The immediate resistance is at $76, coinciding with February lows. With the trend bearish in the short term and sellers resilient, traders may look to sell on every attempt higher towards $76. As it is, the first target will be $65, a critical reaction point of November 2022. This preview is valid, provided there is no sharp rally with rising volumes above $76. In that case, AAVE may rally towards $93 in resumption of the primary trend of December 2022 to February 2023. Still, it is worth noting that though prices are lower, accompanying trading volumes are relatively low. Moreover, the primary trend is bullish from a top-down preview as the current prices are bound roughly within the base of a broader bull flag.
What to Expect from #AAVE?
Traders are confident, but if AAVE slips further from resistance at $76, it could validate the bear breakout of early this month. In that case, the token could cool off, retracing from Q1 2023 highs to key reaction points in the short term.
Resistance level to watch out for: $76
Support level to watch out for: $65
Disclaimer: Opinions expressed are not investment advice. Do your research.
AAVEUSDT 4 HOUR UPDATE ( TECHNICAL )* Double tops formed on the hourly and daily timeframe.
* Key Level breakout confirmed on the hourly timeframe.
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SasanSeifi💁♂️ AAVEUSDT / 1D HI✌ The Possible scenarios of #AAVE_USDT is specified on the chart,As you can see, After fluctuating between $90/$78 range. Currently, the price faced buying pressure from the range of $78 and was able to grow up to the range of $93. I expect that the price will continue to grow up to the range of $98/$104/$114 and then there will be a slight correction from the supply zone . We have to see how the price will react to the supply zone.
⚪the Support range $80 / $78.
🟢the targets $98 / $ 104/ $114 / $124.
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
AAVEUSDT Short trade setupAave is currently in a bullish channel.
So after seeing a correction, I tried to catch the second leg on 50% percent pull back, there for my entry was at 86.8
My SL was 51% from first leg ehich was 86.93 as it would decline this idea in case of doing more.
I did this setup as I was expecting for a 50% pull back on BTC as well which we are heading too.
So based on MM of pullback, my target is around 81.5 which is also a retest of down trend on channel.
This a very good example of 50% pullbacks on price action strategy.
Lets see
✴️ Aave | Over 250% Potential (Name Your Altcoin #49)I am using the linear chart here so we can better appreciate AAVEUSDT growth potential.
Currently, this pair is trading near a multi-year low and just starting to go bullish.
The low that was hit in June 2022 is the same level from which AAVEUSDT produced a massive bull-run back in November 2020.
As this level was activated, we had a massive increase in trading volume, mostly buying for months.
After a new multi-year low is activated and is followed by months of accumulation, what follows is a change of trend.
We are getting out of a strong bear market, the bulls are next.
Prices still trade below EMA50 which means that AAVE is early compared to other pairs.
The bullish bias has been confirmed as the price currently trades above EMA21 and EMA10.
With these signals in place, only time/patience is needed for the breakout to take place.
The first and main target is set at $178 but AAVEUSDT can go higher and hit $300 or more in the months to come.
This is in the short to mid-term.
Long-term there will be a new All-Time High, it will take more than a year before we get there.
Namaste.
The price hit the $90 resistanceYesterday also following the buying pressure created in the market, the price hit the $90 resistance, and if the support continues in the market and this resistance is broken with a strong bullish candle, the potential for further growth and movement toward the target. Next, it will be created in the resistance range of 100 to 106 dollars. This resistance is also another reactive level in this chart. But the main resistance and target in the medium term are considered at the resistance level of 116 to 121 dollars. The current resistance level is identified as a strong zone. Therefore, we expect the range trend to continue this week before any movement.
AAVE READY TO BREAKOUTAAVE tested the downtrend resistance for the 4th time, but now we will approach it with different market perspective after positive economic data in the US.
#DXY is likely to bounce up from its current support but it is still down trending especially after US inflation rate decreased for the 3rd time in a row.
Please make sure to set realistic TP and SL for this setup, I recommend:
SL: below $65
TP1: $100
TP2: $115