LONG ANC - Anchor ProtocolAnchor Protocol, the popular savings app on Terra_money, is now the 3nd-largest dApp in DeFi.
With $14.5B in TVL, it represents over half of all assets locked on Terra.
Anchor has now surpassed almost all of Ethereum’s ‘blue-chip’ DeFi assets, including the lending protocol Aave, Uniswap, and Compound. As for Terra, it now has a TVL of $27B, making it the No. 3 smart contract network.
Aave
Update: AAVE reached my W-shape pattern - target of $200Update: AAVE reached my W-shape pattern - target of $200
A correction to the area $156 is very likely IMO since we are overbought at the moment.
A confirmed break of the resistance channel is the next thing all bulls love to see.
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BUY DNTUSDTAt this moment DNTUSDT looks nice to buy. Its pretty bullish, do expect a slight correction but the overall direction is to the upside.
UPDATE ON AAVE SHORT.AAVE did drop in price to the zone i expected it to drop too.
However, I closed the trade early in small profits from the first initial drop attempt by AAVE.
I closed it in small profit because of the long wick candle i saw it produce after its drop attempt, I feel it will reverse from there.
My perception was right, it did reverse from there and went up to take out the previous high.
But it later dropped massively back into that zone I projected it to drop to in my previous analysis.
AAVEUSDT SETUPAAVEUSDT price has successfully posted a breakout in a shorter timeframe and now the price trying to retain this move. We are expecting some consolidation followed by a retest so we can create a clear bias. Bulls need to retain the white line and move around. Let's see how the price action develops in the upcoming session.
🆓Aave (AAVE) Mar-24 #AAVE $AAVE
AAVE just crossed the $160 zone after accumulating around $150-160. So it is ready to continue rising to higher levels. However, we need to pay attention to the $220 area because it is the resistance of the MA200. In April, AAVE may rise sharply to the area of $280
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 150$ zone
🔴Buy : 160 - 150
🔴Sell : 190 - 220 - 250 - 280
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 150$ zone
🔵Sell : 150
🔵Buy : 130
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Trading opportunity in AAVEUSDT- Symmetrical Triangle PatternBased on technical factors (Symmetrical Triangle Pattern) there is a long position in :
📊 AAVEUSDT
🔵 Long Now 164.6
🧯 Stop loss 144.0
🏹 Target 1 179.0
🏹 Target 2 192.0
🏹 Target 3 215.0
💸Capital : 1%
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AAVEUSDT - Flag/Pennant PatternAAVEUSDT (4h Chart) Technical analysis
AAVEUSDT (4h Chart) Currently trading at $161
Buy level: Above $160
Stop loss: Below $149
Target 1: $166
Target 2: $172
Target 3: $189
Target 4: $200
Max Leverage 3x
Always keep Stop loss
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aaveAave is a decentralized finance protocol that allows people to lend and borrow crypto.
Lenders earn interest by depositing digital assets into specially created liquidity pools. Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.
Aave (which means “ghost” in Finnish) was originally known as ETHLend when it launched in November 2017, but the rebranding to Aave happened in September 2018. (This helps explain why this token’s ticker is so different from its name!)
AAVE provides holders with discounted fees on the platform, and it also serves as a governance token — giving owners a say in the future development of the protocol.
AAVE - Good timing to take entryBYBIT:AAVEUSDT
4H trend chart
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AAVE is forming a potential cup and handle on 4H.
if price can take out the downtrend line, we can buy it under the trading strategy which has good reward/risk ratio.
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Profit Targets:
a) 165.5----Fib(1)
b) 179.5~181.15----Fib(1.272~1.382)
c) 191.25----Fib(1.5)
Stop losses:
a) 149.3-----Red horizontal ray
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