Aave
AAVE USDT In my opinion, another rule should be added for commodities. Maybe there is such a rule, but I may not know. Each pattern gives birth to its own pair. We see this in the chart.
Like Ying Yang, it has created a channel by creating another pattern in return for each pattern. I think we will be able to determine how these patterns will be completed or how the price will move within the channel.
You see 2 trends in the chart. The 1st trend is megatrend. The second trend has just started to form and is now trying to get rid of its fractals. Small trends in the inside area, I think, are about to end. I think we will see bigger formations now. If BTC does not make a downward move, I believe that these predictions will come true.
First, the small channel must be crossed. The bottom of this channel can be thought of as a stop loss.
If we want safe trading, we can wait for the price to break the channel up. In this way, our target areas are already clear.
We can think of the first target as the median canal line. The second target corresponds to a price of $700 and above. I hope btc does not mislead us and does not lower the price of alt coins. In this case, I believe we can see the goals we mentioned.
Note: This is not investment advice.
AAVE forms a bearish pattern* AAVE in daily time frame forms a Ascending channel pattern.
* Ascending channel appears when the price moves between two parallel ascending trendlines forming higher highs and higher lows.
* If AAVE breaks the lower trendline of the pattern we can expect a drop till $251 and to continue the uptrend the price needs to move within the pattern or break the upper trendline.
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
AAVE/USDT Ready to 350% move from here..?#AAVE/USDT TA Update:-
$AAVE currently trading at Support level.
I am expecting strong bounce from here.
Chart also forming bullish Flag in Daily time frame.
Waiting for Breakout.
If break out $400 then we can see $1700 move after breakout.
I am buying here with Tight Stop Loss.
Entry:- Above Strong support
Targets:- $400/$630/$1000/$1700
Stop Loss:- Below $300
Support:- $300/$261
Resistance:- $400
₿ SHIBAINU 1D ₿ : 27.Oct.2021 (Update)Result in 7 Days : +188% ✅
Result in 24 Days : +940% ✅
I Suggest you to save at least 70% of your profits ... (I am not talking about holders)
Do not be greedy because the market does not like greedy people :) 😂😂😂😂😂😂
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)
₿ AAVEUSDT 1D ₿ : 27.Oct.2021The price of the AAVE cryptocurrency reached $ 450 today with a staggering 40% increase, which corrected most of this growth due to the static resistance as well as the fall in the price of Bitcoin and is currently trading at $ 350.
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)
₿ 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)
AAVEUSDT | DUMP OR STILL SOME JUICE LEFT?AAVEUSDT is trading in a upward parallel channel.
It makes a high of 459 but couldn't sustain and back in the channel.
Case1
Now wait for it to decide the next move.
If it come to 308-312 region and sustain attempt to buy there with stoploss of 300
Case2
If it breaks the channel and sustain. Attempt to short there with stoploss of 310
Aave (AAVE) - October 27Hello?
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(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.
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(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.
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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.
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** 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.)
✅AAVEUSDT - As we predicted it Hit TP1 and next...BYBIT:AAVEUSDT
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Congrats! For guys who following below trading strategy.
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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.
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Also, I set a new SL $325.65 for you to protect your unrealized profit.
Have a good day!.
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