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Aave

Aave (AAVE) - May 7Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (AAVEUSD 1W chart) (1D chart) We have to see if we can get support at 437.866003 and rise above 505.364160. If it falls, we need to see if it can rise along the uptrend line. If it falls in the 337.451626-379.429759 range, Stop Loss is required to preserve profit and loss. If it is supported at 505.364160, it is expected to reorient itself by ascending to 631.298562-673.276694. On the wRSI_SR indicator, the RS line fell below 20. It remains to be seen if it can rise above 20 points and turn into a short-term uptrend. It remains to be seen if the CCI line can rise more than 100 points on the CCI-RC indicator. At this time, volatility can occur, so careful trading is necessary. ------------------------------------- (AAVEBTC 1W chart) (1D chart) We have to see if we can get support and climb at the 7865 Satoshi point. If it falls, we need to see if it can rise along the uptrend line. If it falls at the 6500 Satoshi point, Stop Loss is required to preserve profit and loss. However, it remains to be seen if it can rise along the uptrend line. On the CCI-RC indicator, we need to see if the CCI line can touch the EMA line and rise. If the CCI line and EMA line intersect, volatility may occur, so careful trading is required. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:AAVEUSD
by readCrypto
AAVE - Possible Breakout (As you asked)AAVE is fighting resistance right now. I'll open my long position right after the closure of the first 4H candle above the resistance area and hold until this 2 targets as shown on chart. If the price goes through correction, there are 2 support areas to hold the price. ⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high. Good Luck 🎲 Tell me your ideas. Like and Share 🗣✅
by ShawnMCR