Aave
May the 50 day moving average shine upon you!Traders,
In this video I discuss all of the normies: Bitcoin, the dollar, the vix, us oil, SNP (spy) and we'll cover some altcoins. Plus, we talk briefly about FTX.us trading stocks, the Solana hack, and I'll show you a few of the indicators I am eyeing up before entering a trade this week.
Stew
A list of altcoins that I am currently eyeing up can be found here :
www.tradingview.com
AAVEUSDT: Wedge & Growth OpportunitiesAn excellent medium-term trading plan on AAVE.
The prolonged downward correction in wave B seems to be over.
At the moment the price has formed a strong upward impulse in the form of a wedge pattern for 1 wave.
Locally, the price is correcting in the assumed wave B (in wave 2).
I plan to open a short position at the completion of wave B in order to win back the decline in wave C (in wave 2); the profit-taking target is 75.
At the completion of wave C (in wave 2), I will close the short position and open a long position, with the goal of taking profits at a minimum of $300.
Good luck to you)
AAVE ON SUPPORT (Mid-Channel)Markets opening and after a very bad weekend the market could be attempting a rebound.
Weekend failure could mean Retail Buying power starts to be thin.
Crypto industry could be braced for institutional buying after the weekend meltdown.
Indices in Europe are in the Green today: Germany, France, England are higher today after EU opening hours while the Italian FTSE is up over 1%!
US markets opening will dictate the pace, there is no magic here just common sense.
Technical Analysis:
Price failed to rise over 24300 and ended up back in the ascending channel .
22450 is the Mid-channel Support and it could potentially be a great price to attempt Long positions again.
If that levels fail then BTC could be off to 20650.
FRIDAY:
Far away but keep in mind Employment data in the US will be the Major Fundamental event this week.
GDP last week was 'painted' green despite it was Red and now it's up to Friday's NFP to see which color then next Big candles will be (in the markets as well as in crypto).
One Love,
the FXPROFESSOR
AAVE/USDT - Potential Short ScenarioHello Traders!
AAVE continues to move within the descending trend completing the falling phase.
It is possible to assume that correction to the basic movement to gather liquidity near the $104 is finished. Thus further, it is possible to expect a continuation of descending pricing.
The set of medium-term purchases can be started in parts in the price range of $30 - $54 after the price leaves under the support level of $54.
Targets of such purchases will be price levels of $104 and $164
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Consolidating $BTC resistance at 32k & support at 20kIf you were to put a computer in place to do trade for you, wouldn't you want it to take simple decision lines over more complicated? Liquidity from hedging shorts along with eager sweating bulls who sold with them to protect their downside risk will be catching the wind up to 32k soon, if buying pressure continues to drive with high volumes into and past the weekend. The downside play is much more familiar; 20k. If only I had cash on hand ... risk reward is so juicy. GL out there and be safe everyone!
AAVE- I expect a CorrectionSecond negative GDP quarter is being downplayed and yes: the markets are crazy
but at then end logic prevails and this chart helps with resistance levels now and at 110$
I am going short on AAVE (this is my second attempt today).
DYOR and take your own decisions.
One Love,
the FXPROFESSOR
AAVE USDT SHORT SWING | AAVEUSDT | SHORT @ 94 - 90 | TP @ 89, 88, 87, 86, 85 | SL @ 104 | PATTERN = DESCENDING TRIPLE BOTTOM BREAKDOWN | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:AAVEUSDTPERP BINANCE:AAVEUSDT BINANCEUS:AAVEUSD COINBASE:AAVEUSD FTX:AAVEPERP
BITCOIN Breaking the Line in 1HBitcoin in 1h is now breaking its static resistance, and if this range is broken, it can go up to the channel ceiling. We expect the price to increase after the pullback. Otherwise, we will have a correction to the support level.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Long Aave vs USDAave is one of the Defi bluechips and it's always leading the way for Defi coins. Fundamentaly a very strong coin.
Entered yesterday on the retest of the weekly level at $211 and if we are going to see a Defi season again, Aave should fly.
It made nice move up to $300 and it corrected that move yesterday IMO. So it should continue up now.
Good R:R for a long.
BITCOIN 1H TA; updateWith the one-hour time frame, Bitcoin has left the upward trend and formed valleys lower than the previous valleys. Now Bitcoin is in the support range of the trend line and static support, which requires the price to reach above $23,000 to change the trend.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
AAVEUSDT Short steup!AAVEUSDT Technical analysis update
AAVEUSDT currently trading at 86.70
AAVE formed head and shoulder pattern in 1h chart and rice already broken its neckline. I'm expecting a drop from the current level.
Short Entry: $86.50 - $88.40
Stop loss : $93.40
TP 1 : $82.40
TP 2 : $77.50
TP 3 : $70.00
Max leverage : 2x
Always keep stop loss
Thanks
Hexa