ALTCOINS that may Actually HAVE A FUTURE Beyond 2024I remember the good 'ol days, when the amount of options you had was limited to one hand.
First there was Bitcoin. Then came ETH, LTC, XRP and BCH (Bitcoin Cash). And a few other's later came like Bitcoin Gold and CRV. But oh man, were those the days. Crypto felt oddly "safer" back then, despite mt gox and pyramid schemes running rampant. Because today - the enemy is actually in the camp...
New alts are being released every hour (probably more) and it's just the one airdrop to the next rug. Lot's of progress has been made in this space which is blockchain, but we're still not really seeing the original promise of Bitcoin being fulfilled (fast and affordable cross border payments, ) amongst others.
Today, it has become close to impossible to separate the crop from the cream in terms of coin accumulation. If you bought BTC two years ago, or ETH, or LTC - you'd currently be in profit. However, some alts don't even exist for a month after release date never the less a year or more.
So let's talk about which altcoins I believe have a future FOR SURE. Remember that this is a highly debatable point; but I am going to point out the few that I believe will survive (at least past year and possibly beyond).
👉 1) Bitcoin COINBASE:BTCUSD
Bitcoin is not an altcoin, it is the original crypto. The KING. The first commandment and promise of a fair, open and transparent future on the blockchain. BTC's price may be overvalued occasionally, but it will always have the benefit of being first. And with so many institutional investors, I think it's a safe play for the foreseeable future.
👉 2) Ethereum COINBASE:ETHUSD
King of the alts, first of it's kind. Ethereum is the world's first smart contract platforms which remains the most popular choice among developers even today. Following Bitcoin's decentralized concept, Ethereum has become a leader in smart contract platforms and dApps. Eth is here to stay.
👉 3) Solana BINANCE:SOLUSDT
Competitor now to Ethereum, SOL has previously surpassed ETH (not in price). With over 95 million transactions daily, Solana has become the fastest blockchain and recently surpassed Ethereum in Total Economic Value. Many devs prefer Solana, and I believe it will stick around for the foreseeable future.
👉 4) Dogecoin CRYPTOCAP:DOGE
I hate how dependent Doge is on Elon Musk. But, for some reason, Mr Musk has a fascination with Doge and has promised many times to include it as a payment option on X (formerly Twitter). Even though it seems like a pie in the sky, something like that would significantly increase the value of Doge. I don't see it as a "forever" coin, but definitely on the list.
I think a key point to note here, is that back then, they (the founders) were doing something revolutionary. They were and are the titans of the industry. Today, anyone with GPT can create a functioning alt that "serves a purpose" or has "fundamental use case" in some way. It's true that AI is revolutionary, and I am very bullish on the concept of AI and the promise of automation for human kind. But this far, it hasn't been profitable, yet .
OpenAI makes losses and cryptoai is just leveraging off the larger AI, or the concept thereof... Sure, there are privately trained models, but at the current moment it takes a tremendous amount of resources (time, money, physical space) to do DL or Machine Learning, which if OpenAI cant make profitable... then neither can the cryptoai created by john, steve and bob.
10 Other ALTS that will probably make it past this year:
1) Shiba Inu (because people love it) BINANCE:SHIBUSDT
2) XRP (because many can't let go) BINANCE:XRPUSDT
3) Cardano (because it has a cult following) BINANCE:ADAUSDT
4) BNB (Binance supporters maybe?) CRYPTOCAP:BNB
5) Chainlink (because oddly enough it's survived for this long) BINANCE:LINKUSDT
6) Kaspa (potentially a revolutionary alt) MEXC:KASUSDT
7) Render (potentially an ai winner) BINANCEUS:RNDRUSDT
8) Monero (still the best privacy coin) KRAKEN:XMRUSD
9) Sei (potentially a revolutionary alt) BINANCE:SEIUSDT
10) Aave (still the best for borrowing and lending) COINBASE:AAVEUSD
Don't miss the message here - you can still TRADE altcoins. There are good trading opportunities
and setups even for the worst alts. I know this because we trade them daily. But this post is not about trading opportunities - it's about the future, potentially the far future. Who will likely survive and why. Alts that may be worth accumulating an that probably won't rug in a month's time.
I hope you can take it for what it is intended to be!
________________________________
Aave
AAVE 170$ targetWhy we can see 170$ for BINANCE:AAVEUSDT ?
Possible Targets and explanation idea
➡️Weekly tf, red zone is Order Flow and stop losses will be like a fuel for uptrend move
➡️50% of weekly gap would be final stage for downtrend
➡️We trade almost 500 days around 27 zone (accumulation zone)
➡️On Direction indicator need to see accumulation from whales again
➡️Small triangles up is from TradeON indicator recommendation close short on W
➡️136$ will be full fill M gap and only 0 level will be 170. Big moves is coming
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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AAVE best time for accumulation in 2023
Possible Targets and explanation idea
➡️Weekly chart. BearMarket over 2 years. Since April 2021.
➡️Fib came in -0.27 zone. Accumulation zone
➡️Trade under fundamental price (real value) of this coin (yellow last line)
➡️First main target for AAVE - 193$ take profit line. Over 0 level by FIB
➡️Bellow Market Mood indicator represent the best time for accumulation. White colour zones. Even if you use DCA strategy.
➡️Look on a chart and you can count in average price if you buying in white mood zones.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
---
• Look at my ideas about interesting altcoins in the related section down below ↓
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$AAVE BREAKOUT DONE ALSO RETESTED EURONEXT:AAVE BREAKOT Falling wedge in 1W TF
Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow:
1. **Identify the Falling Wedge:**
- Look for a downtrend in the price movement.
- Identify converging trendlines where the upper trendline (resistance) slopes down at a steeper angle than the lower trendline (support).
- The pattern resembles a wedge pointing downwards.
2. **Confirm the Falling Wedge:**
- Confirm the pattern using other technical indicators like volume. Ideally, during the formation of a falling wedge, the trading volume should decrease.
3. **Wait for Breakout:**
- Patiently wait for a breakout to occur. Breakout refers to the point where the price moves above the upper trendline of the falling wedge.
- The breakout should ideally be accompanied by a noticeable increase in trading volume, confirming the strength of the breakout.
4. **Entry Point:**
- Enter a long (buy) position as soon as the price breaks above the upper trendline.
- Some traders prefer to wait for a confirmed close above the upper trendline to reduce the risk of false breakouts.
5. **Stop-Loss Placement:**
- Set a stop-loss order below the lower trendline or a recent swing low. This helps limit potential losses in case the breakout fails and the price moves back into the wedge.
6. **Target Price:**
- Determine a target price based on the height of the wedge. Measure the distance from the widest part of the wedge to the starting point of the wedge and project that distance upwards from the breakout point.
Remember that trading always involves risks, and it's crucial to have a well-thought-out strategy, risk management plan, and the discipline to stick to your plan.
AAVE short setupThe basic structure of AAVE is bear. This pullback can be considered an internal pullback.
A good supply range in this permanent area
The targets are marked on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
AAVEUSDT Bullish Chart!AAVEUSDT Technical analysis update
The AAVEUSDT price is breaking the trend resistance line on the daily chart. The price could be retested before moving up. Additionally, the price is trading above the 100 and 200 EMA, which is a bullish sign for AAVE.
Buy Level: Above $95.00
Stop Loss:$83.00
Regards
Hexa
AAVE ANALYSIS (1D)It looks like a bearish triangle is forming. Now it seems we are in wave e of this triangle
We are looking for sell/short positions in the red box.
The targets are clear on the chart.
Closing the daily candle will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AAVEUSDT Weekly Update.Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
Follow me for:
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~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
The AAVE/USDT weekly chart depicts a descending triangle pattern, which is typically a bearish continuation pattern. The current price is trading below the moving average, indicating a bearish trend. The RSI is neutral to slightly bearish.
If the price breaks below the horizontal support, a further decline to $65 could be anticipated. Conversely, a breakout above the downtrend resistance line could see the price targeting $530, representing a substantial potential upside in the upcoming bull run.
Key Observation:
~ Primary Support: $80 to $88.
~ Lower Support/Entry: $65.
~ High Liquidity Range: $50 to $55.
~ Resistance: $100.
~ Possible Rally: $240, $335, $412, $530.
DYOR. NFA.
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#AAVEUSDT #1h (OKX Futures) Rising wedge breakdown and retestAave just printed a gravestone doji followed by a shooting star, seems likely to retrace down to 200MA support.
⚡️⚡️ #AAVE/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 4.5%
Current Price:
95.44
Entry Targets:
1) 95.87
Take-Profit Targets:
1) 87.43
Stop Targets:
1) 100.10
Published By: @Zblaba
CRYPTOCAP:AAVE OKX:AAVEUSDT.P #1h #DeFi #DAO aave.com
Risk/Reward= 1:2.0
Expected Profit= +44.0%
Possible Loss= -22.1%
Estimated Gaintime= 3 days
AAVE Long Trade SetupCurrent Situation:
Trend: AAVE has broken below the weekly and monthly pivot levels and is nearing the bottom of the monthly resistance level.
Support Zone: The current area is a strong support zone based on historical price action data.
Trade Strategy:
Entry Criteria:
Support Confirmation: Wait for the price to find solid support within the entry zone for extra confirmation.
Weekly Pivot Reclaim: For additional risk management, wait for the price to reclaim the weekly pivot.
Entry Point: Enter a long position between $80.72 and $81.64.
Risk Management:
Stop Loss Adjustment: If the price moves 2-4% away from the entry, move the stop loss to break even to manage risk and avoid potential manipulation.
Take Profit Targets:
Primary Target: $86.16
Secondary Target: $89.48
Stop Loss: Set a stop loss at a candle close under $80.46 to limit potential losses.
Summary:
For AAVE, after breaking below key pivot levels and approaching a strong support zone, wait for the price to confirm support within the entry zone and possibly reclaim the weekly pivot for extra risk management. Enter a long position between $80.72 and $81.64, targeting $86.16 and $89.48 for profits. Set a stop loss at a candle close under $80.46 and move the stop loss to break even if the price moves 2-4% away from the entry to mitigate risk.
AAVE: Approaching SupportTrade setup : Price remains in a Downtrend until it breaks above the 200-day moving average (~$100). After a failed breakout from Channel Down pattern, price dipped back below 200-day moving average and reached $80 support. That's a level where price has found support several times in the past and could be a swing trade entry. This is a riskier trade setup because it’s against the overall downtrend.
Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum is Bearish (MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $70.00. Nearest Resistance Zone is $90.00, then $115.00.
AAVE - Support is holding strong, where is next ?BINANCE:AAVEUSDT (1D CHART) Technical Analysis Update
AAVE is currently trading at $86.5 and the price has reached the support zone, this support was held strong multiple times and price bounce back from it multiple times. Im expecting the price to bounce back from this support zone again and we have nice trade opportunity.
Entry level: $ 86.57
Stop Loss Level: $ 73.27
TakeProfit 1: $ 93.44
TakeProfit 2: $ 99.16
TakeProfit 3: $ 109.96
TakeProfit 4: $ 125.15
TakeProfit 5: $ 142.44
Max Leverage: 5x
Position Size: 1% of capital
Don't forget to keep stop loss.
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GreenCrypto
AAVE Long Trade SetupCurrent Situation:
Price Level: AAVE is testing the top of the range area of support around $100, providing a potential entry point for a long trade.
Trade Strategy:
Entry Point: Enter a long position at the current support level of $100.
Take Profit Targets:
First Target: $107 - $115
Second Target: $132 - $142
Stop Loss: Set just below $93 to manage risk.
Summary:
AAVE is at a critical support level of $100, making it a good opportunity for a long trade. The take profit targets are set at $107 - $115 and $132 - $142, with a stop loss just below $93 to protect against potential downside.
Aave Analysis | Key Levels on 1D TFAfter a significant rally in early 2024, AAVE experienced a 52% retracement and entered a consolidation phase, trading within a broad range for a month. During this sideways trend, the price couldn't break above $97, forming a series of lower highs and lower lows, indicating consolidation. The substantial trading volume within this range reinforces it as a key support zone, suggesting that many market participants view these levels as attractive for accumulation.
The chart shows that the price has broken above the Ichimoku cloud from below, which is a bullish signal. However, note the resistance around the upper boundary of the cloud near $115 and the formation of a (Doji or Inverted Hammer) candlestick pattern on the 1D TF, indicating market uncertainty or a potential correction.
Currently, the price is around $108, positioned above a significant support zone but below a key resistance level. This places the price in an intermediate zone where consolidation might occur before the next notable upward movement.
🟢 Bullish scenario: If the price breaks above the $115 level and holds, we can expect further growth to the next significant resistance around $130. Increased trading volume in this area can lead to heightened volatility, providing opportunities for short-term traders to capitalize on rapid price movements.
🔴 Bearish scenario: If the price retraces and breaks below the $97 support level, it may test lower support levels around $88. This move would confirm the significance of this area as a support zone and could indicate potential buying opportunities during the pullback.
Conclusion: The volume profile on this chart highlights key support and resistance levels that can be used to determine entry and exit strategies. Closely monitoring trading volumes in these areas will help you better understand market sentiment and make more informed trading decisions.
AAVE Re-Accumulation & New 5 Wave ImpulseAave has a textbook re-accumulation as well as a complete 5 wave structure with ABC correction. We are currently starting a new 5 wave impulsive structure, which should continue upwards. Some likely targets are the 1.382 and 1.618 that I have marked on the chart, and beyond
$aave: One trend line to break to $400+I think Defi on Ethereum is about to have a comeback. As you can see from the chart, we're about to break out of a long-term downtrend. If we break above the trendline, price should skyrocket higher.
Think we're likely to see price move up to the $437 resistance level and possibly higher than that.
Let's see what happens when price breaks up above the blue line.
AAVE/USDT It possible breakout and continue upward movement!💎 Paradisers, #AAVE is indeed a coin worth monitoring closely.
💎 Currently, AAVE is facing resistance around 98.15. Upon reviewing the chart, it appears to be in an accumulation phase, indicating potential bullish momentum if AAVE successfully breaks out of the resistance and the descending resistance simultaneously.
💎 Such a breakout could lead to significant upward movement, possibly testing our target strong resistance area.
💎 However, if AAVE fails to break the descending resistance and experiences a rejection with a bearish candle, this could signal a potential downturn. In this scenario, the price may retreat to retest the support around 79, initiating another significant downward momentum.
💎 Historically, the price has consistently bounced each time it hit the support of the accumulation phase. Therefore, if AAVE revisits this zone, there's potential for a reversal. However, if it fails to bounce and even breaks down below the support, it may head towards the key support area.
💎 In the event of an upward scenario, if AAVE revisits the key support, it's crucial to reclaim the support around 79. Failure to do so, resulting in a break below the key support, would confirm bullish invalidation and likely lead to further downward movement.
MyCryptoParadise
iFeel the success🌴
AAVE: Channel DownTrade setup : Price is in a downtrend, trading in a Channel Down pattern. We wait for a breakout, ideally above $100 resistance and 200-day moving average, to signal bullish trend reversal.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $80, then $60. The nearest Resistance Zone is $105 (previous support), then $130 and $150.
📈 AAVE Trade Analysis 🔄💼Trade Overview:
AAVE seems to have established a range low after filling the Fair Value Gap (FVG) and forming a triple bottom pattern, suggesting a potential bullish reversal. Monitoring for a final sweep to fill 50% of the wick or a Market Structure Shift (MSS) can help confirm the trade setup.
Trade Strategy:
Entry: Consider entering a trade between $75 to $85, capitalizing on the range low and potential reversal pattern.
Take Profit: Set take profit targets around $120 and $160, aiming for gains within these levels.
Stop Loss: Place the stop loss at a daily close below $70 to manage risk effectively.
📊🔍 Stay attentive to AAVE's price action for trade validation and adjustments! #AAVETrading #CryptoAnalysis 🌐🔒
AAVE: Approaching SupportTrade setup : Trends are mixed to down. After a bearish breakout from a Channel Up pattern, price broke below 200-day moving average, which is a sign of downtrend. Trend Traders: It bounced off of $80 support and could approach $100 but it’s a higher risk trade setup since overall trend is down. Price needs to break back above 200-day MA (~$100) to resume its uptrend.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $80, then $60. The nearest Resistance Zone is $105 (previous support), then $130 and $150.