Aave
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!
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.
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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)
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AAVEUSDT Buy /LongAAVE now in accumulating stage that is normally happens when Market Maker collecting his position.
In case of breakage of structure movement can be quite strong.
AAVE is the main driving force, accounting for 46.4% of all TVL Avalanche. TVL has grown by 284% this week.
BINANCE:AAVEUSDT
AAVE - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow.
AAVE is sitting around a support area so we will be looking for buy setups on lower timeframes.
on H4: AAVE formed a valid trendline in orange and an inverse head and shoulders as an add-on. But it is not ready to go yet.
Before we buy, we want the buyers to take over.
Trigger => Waiting for a momentum candle close above the gray area to buy.
Meanwhile, until the buy is activated, AAVE would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AAVEUSDT - Good timing for entry!BYBIT:AAVEUSDT
4H trend chart
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AAVE is forming a potential inverse head and shoulders pattern.
If price can keep standing firm at $324.85 in 4H chart, this H&S will be completed.
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Profit Targets:
a) 339.45~345.40---Fib(1.272~1.382)
b) 358.05----Fib(1.618)
c) 378.60----Fib(2)
Stop losses:
a) 324.85-----Red horizontal ray
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If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
AAVE USDTCrypto Market looks better than ever, few news on BTC with huge impacts! BTC might needs to cool off a bit, before ALTs push higher with the moneyflow from BTC profits into ALTs. AAVE is a very solid and good project, TA wise we have two important resistances in red and a bullish descending broadening wedge, as you can see on the image and chart.
If AAVE breaks above ~$ 333 (in blue with have an ascending triangle), we will see a test of the (yellow) resistance of the descending broadening wedge! I am not saying that this will happen immediately, nevertheless patience mostly pays off!
How to spot a pattern like this? Easy, it looks like a megaphone tilted down and should have at least five trendline touches. We have seven for now! Downward breakouts favor a rising volume trend and upward breakouts show better performance when volume trends downward throughout the pattern. This is all theory but often proven right.
This is my idea of this chart, obviously no financial advise!
What are your thoughts?
AAVE USD Best ALT coin end of yearAAVE has been in a major Wyckoff Reaccumulation phase since January, nearly 260+ days already and its looking like it might be nearing the end of phase C which would lead to the spring upward, a major price climb. All the needed elements are there to complete the pattern like volatility on the buying climax, volatility on the major sell off, low volume on the shakeouts (without breaking structure) and the loss of momentum and lower and lower volume for the past couple of months while price has held itself. Im expecting AAVE to skyrocket without anyone noticing it and once eyes open up, everyone will be left behind unless you were here now.
AAVE has arguably been the worst top 100 traded cryptos since the beginning of the 2021 bull run but it somehow has one of the best projects out in the crypto ecosystem. I for one have been on the AAVE polygon since launch and i dont plan on departing. AAVE is here to stay and is the new defi bank of the world.
Maybe the accumulation for almost 300 days will have a reason in the end.
Good luck!
AAVEUSDT , Its time to buy with hammer Hello everyone
This coin is one of the popular for traders
In here we are in a daily time frame and after the key the trend was changed and now we had pullback with hammer and this time we have nice R/r for take profit .
We checked the chart on 4H time frame and in there we see the same there as we see in daily time frame , its time to buy when that hammer was made in daily
Dont forget stop loss , this is market and we dont know what will can happen
Good Luck
Abtin
Aave (AAVE) - October 7Hello?
Welcome, traders.
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Have a nice day.
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(AAVEUSD 1W Chart) - Medium to Long-Term Perspective
Above 101.345455 point: Uptrend expected to continue.
It is necessary to check if the 300.459751-385.934264 section can form a support and resistance section.
(1D chart)
First resistance section: near point 315.356387
Second resistance section: 419.933-472.221304 section. (Psychological resistance section)
First support section: section 158.491471-210.779774
Second support section: near the 101.345455 point
If the price is maintained by rising to the upper sideways section of 315.356387-419.933 section, it is expected to turn into an uptrend and rise.
However, it should break out of the downtrend line.
A decline from the 278.418499 point may lead to the first support area, requiring a short-term Stop Loss.
In order to get out of this sideways section, it should be confirmed that the CCI line rises above the +100 point in the CCI-RC indicator.
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(AAVEBTC 1W Chart) - Mid-Long-Term Perspective
Above the 0.002157-0.002829 range: An uptrend is expected to continue.
(1D chart)
First support interval: 0.003712-0.004930 interval.
Second support section: 0.002157-0.002829 section.
Resistance section: near 0.007364 point (0.006650-0.007865 section)
Psychological resistance section: 0.009798-0.011016 section
If the price remains in the range of 0.004930-0.007364 and deviates from the downtrend line, it is expected 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 upward trend or in a downward trend, 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 with the movement of price and volume.
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 can be made through split trading. It is a short-term investment perspective.)
$AAVE SHORT OPPORTUNITY. HARMONIC PATTERN IN PLAYHello traders and speculators!
We have very nice setup not only on AAVE but on BTC & ETH as well. This means that the sell-off would be broad.
Invalidation level - clean break above $321.
Have a look at MACD (Momentum indicator) on daily as well. We have these "bumps" in momentum that are short-live and continues the trend - lower.
We haven't made real higher high on this move. It's most likely a deviation which will be confirmed once we break $304.
Short entries - $315 (Medium risk). Below $305 - low risk. Stop loss - above $327
Risk/Reward 5:1 with $315 entry.
Risk/Reward 4:1 with $305 entry