Get started

Aave

AAVE about to catch up to bullish momentum - LONGAAVE is painting a bullish W recovery candle formation assuming a weekly close above 318 today. Daily timeframe has pierced the RSI 50 level on the bullish side. There are three higher bottoms in RSI. On the weekly timeframe we have tapped the liquidity zone three times with relatively large wicks. AAVE is below EMA55 and MA200 on the daily timeframe and this would be the fourth time time it would attempt to go above MA200 and in my experience fourth time is the charm (same logic is seen in falling wedges which break to the upside). One thing of concern is the low volume, but that is normal during a bitcoin approach near ATH, as money shifts out from alts into BTC. However as BTC begins to range near the 60k area we are likely to see some upside in the altcoins. There is an ongoing governance proposal to launch AAVE on Fantom and votes are predominantly "yes". Within few days once the proposal is passed we may see a boost in the price action. However be wary of the old saying "Buy the rumour, sell the news." STOP LOSS: It is hard to play this with a stop loss as the low volume could result in scam wick just before the big move, but one indisputable invalidation sign would be a daily candle close below 278. First major resistance is at 378, once we break it targets are: T1: 418 T2: 477 T3: 522
Long
by dimidob
1
₿ 1INCHUSDT 1D ₿ : 27.Oct.2021 (Update)100% price growth in just a few hours , It hit all the targets with one candle :)))) Of course, now it has corrected about half of its growth, but the volume of trades is terribly high, it is many times the volume that the price was previously traded at this price level. Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @Ar_M_An_4 📅 27.Oct.2021 ⚠️(DYOR)
Long
by ArmanShabanTrading
3
Aave (AAVE) - October 27Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (AAVEUSD 1W Chart) - Medium to Long-Term Perspective Above 206.817161 point: Expected to create a new wave. (1D chart) First resistance section: near point 315.356387 Second resistance section 419.933-472.221304 Support section: 158.491471-210.779774 If the price holds at the 315.356387-419.933 zone, I expect it to turn into an uptrend and move towards the second resistance zone. To accelerate the uptrend, it needs to rise above the second resistance section. A decline from the 278.418499 point may lead to a downward trend, requiring a short-term stop loss. ------------------------------------------ (AAVEBTC 1W Chart) - Mid-Long-Term Perspective Above the 0.002157-0.002829 section: expected to continue uptrend (1D chart) First resistance section: near the 0.007364 point Second resistance section: 0.009798-0.011016 Support period: 0.003712-0.004930 The price needs to remain above the 0.006650 point to turn into an uptrend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released. (Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
BINANCE:AAVEUSD
by readCrypto
1
✅AAVEUSDT - As we predicted it Hit TP1 and next...BYBIT:AAVEUSDT - Congrats! For guys who following below trading strategy. - As usual, do not forget to take profit at 1st TP we set, you can hold the rest until TP2 or TP3. Just take it any time you satisfy. - Also, I set a new SL $325.65 for you to protect your unrealized profit. Have a good day!. - If you like this analysis, smash the like button and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading!
Long
by EthanTW
1
AAVEUSDT - Finally Break it out? Nice entry timing!BYBIT:AAVEUSDT 4H trend chart - We modify AAVE pattern as a wedge from triangle (refer to last analysis) Now it just broke it out in 4H chart. If price can keep being here without long upper shadow line, trading strategy as below. - Profit Targets: a) 338.65----Fib(1) b) 351.85~357.2---Fib(1.272~1.382) c) 368.6-----Fib(1.618) Stop losses: a) 306.15-----(Red horizontal ray) - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading
Long
by EthanTW
2
AAVE Undervalued Will Rise.AAVE is the biggest DeFi lending protocol in cryptocurrency with $16 Billion total value locked ( TVL ) and has been moving a little sideways since September 20th from $260 - $315. We've been trading under the point of control (POC) at roughly $360 -$386 were the majority of buying and selling for AAVE has occurred since January earlier this year. Still a nice run up back to the the 0.382 Fibonacci level at $360 from these levels. $287 has been a sturdy support level since last month. AAVE has also deployed on the Avalanche ecosystem this month further expanding their services and adoption. AAVE has experienced a 1000%+ gain in total value locked ( TVL ) from October 2020 were it was just under $1 Billion. That trend only seems to be getting larger. The TVL on AAVE is bigger than the current market cap of $4 Billion. Keep AAVE on your radars! This is a fundamentally strong cryptocurrency that will continue to grow. AAVE has been marinating still a nice amount of room on the RSI as well. Much peace, love, health, and wealth!
Long
by peacefuljustin
AAVEUSDT - Short-term strategy about entryBYBIT:AAVEUSDT 1H trend chart With all market falling before, AAVE is forming a descending triangle. It is approaching to the end of triangle. If price can break it out w/o long upper shadow line, trading strategy as below. - Profit Targets: a) 326.7-----(Blue horizontal ray) a) 338.65----Fib(1) b) 351.85~357.2---Fib(1.272~1.382) c) 368.6-----Fib(1.618) Stop losses: a) 306.15-----(Red horizontal ray) - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see! Trading is a reflection of yourself. Learn more daily and be ready for every opportunity. Have a nice trading
Long
by EthanTW
9