AAVE: Channel Down BreakoutAAVE (AAVE) technical analysis:
Trade setup : Bullish breakout from Channel Down pattern. Price could revisit $65 resistance. Overall trend is down, therefore, this a trend reversal trade setup, which is a higher risk trade than continuation patterns.
Pattern : Price was trading in a Channel Down pattern. 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.
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 < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $50. The nearest Resistance Zone is $65 (previous support), then $80.
Aave
AAVE/USDT is Likely Ready for Another Correction | AAVE Analysis💎Paradisers, let's focus on AAVE/USDT for a moment. It's currently navigating within a descending channel, and gearing up for a potential downward breakout soon.
💎If the breakout materializes as anticipated, it's likely to set off a rapid corrective phase.
💎 The dual confirmed order blocks on the shorter timeframe are worth noting. These are likely targets for the price, given the existing liquidity in those areas.
💎In past action, we observed a shift from demand to supply, leading to a notable decline in price and aiming for the prior Order Block (OB).
💎As always in the fast-paced crypto world, staying alert and adaptable is crucial. Keep your charts updated and stay tuned for more insights! 🌴
AAVE coin is on the long list with a level of 58.97Hello everyone!
AIHermes today identified the coin AAVE on the long list with a level of 58.97
Entry model - breakout! Leverage 10-20X
Stop short.
We see a long accumulation and a gorgeous squeeze!
1st target 60.79
Trade with us, trade better than us!
Today:
19 coins on the short list
18 coins on the long list
AAVE .P perfomance in last 8 months in 2023This year has been a rough year for crypto. Downward pressure appears with all coins.
With the AAVE 2h frame, we see the price continuously entering the red area (possibly signaling a downtrend).
This is test result from the beginning of 2023 to the present including the current bearish period. Let's see how the S1-TM performs in a downtrend.
If you have an opinion or want to see results with Spot AAVEUSDT, please leave a comment.
AAVE/USDT possible next move? 👀 🚀 Aave Today Analysis Paradisers, cast your eyes on #AAVEUSDT! It's positioning itself for a potential shift, presenting us with a couple of intriguing scenarios. 👀
💎Recently, AAVEUSDT encountered a setback at OB-1, initiating an upward trajectory. However, with a slight loss in momentum, it's anticipated to revisit OB-1. Should it not maintain its stance at this level, expect an upward continuation from OB-2.
💎 Diving deeper into its movement, we've identified a transition from demand to supply. This led to a significant downward thrust. After securing liquidity below, the price is poised to resume its ascent, aiming to address the bearish OB.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
AAVE/USDT is about to Get its Wings Back | AAVE/USDT Analysis 💎 Currently, AAVE has emerged from its wedge pattern. Notably, the POC of VRVP is serving as foundational support, and we've witnessed a retest of this level.
💎 It's also worth noting that the price is navigating beneath the 50 EMA. If this trajectory persists, our TP1 could be reached soon.
💎 On the flip side, should the price revisit the support owing to market unpredictability, there's potential for consolidation. Heightened sell-offs could then challenge the bullish trend.
💎 Stay updated with a precise analysis of your assets and enjoy your journey with #MyCryptoParadise
AAVE Testing volume price !!!Global zone 83.94-43.04
The level of 63.36 practically coincides with the volume price of 62.95 , which means that the position is being taken in the Global Zone! Although she is always here and typed.
We left the zone of sweet purchases 60.73-49.33, we can return!
But we are still in the local zone 67.30-41.73
Purchase level 55.03, we can return!
Volume price is 62.95
The price is good, you can take!
Right now!!!
About the price of the volume can be found in the profile, or I will fix it below !!!
AAVE: Channel Up BreakoutAAVE (AAVE) technical analysis:
Trade setup : Bearish breakout from Channel Up pattern and below 200-day Moving Average ($72). Price appears to have resumed its downtrend.
Pattern : Price was trading in a Channel Up pattern. 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.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $65, which it broke, then $50. The nearest Resistance Zone is $80, then $95.
The Platform That Could Surpass AAVE
Introduction to AAVE:
AAVE, an established DeFi platform, has contributed to the fragmentation of capital across different chains by offering its own money markets with specific liquidity pools. However, the decentralized finance ecosystem faces issues related to unpredictable and transient liquidity.
Why RNDT Could Enter the Top 10:
Radiant Capital (RNDT) aims to revolutionize DeFi by becoming an omnichain money market. It allows users to deposit major assets on any major chain and borrow various supported assets across multiple chains, eliminating the need for isolated liquidity pools.
Radiant's cross-chain interoperability is facilitated through LayerZero messaging and the Stargate stable router interface. This innovative approach enables lenders to reclaim their collateral and direct the withdrawal of funds from a preferred chain, with the flexibility to determine the allocation to each chain.
Key Value Propositions:
Consolidation of Fragmented Liquidity: Radiant DAO strives to consolidate fragmented liquidity from various lending protocols and chains, creating a secure and user-friendly cross-chain protocol. This initiative aims to enhance the overall DeFi ecosystem and provide users with a seamless experience.
Gated Emissions: Radiant implements a Dynamic Liquidity (dLP) mechanism, incentivizing RDNT emissions to dLP providers. Dynamic Liquidity Provisioners also benefit from platform fees captured in blue-chip assets like Bitcoin, Ethereum, BNB, and stablecoins through borrowing interest, flash loans, and liquidations, ensuring sustainability.
Key Highlights of the Project:
Omnichain Money Market: Radiant's integration with LayerZero and the Stargate stable router interface allows users to deposit and borrow assets across chains within minutes. This solution addresses DeFi pain points associated with multiple transactions for lending, borrowing, bridging, and swapping.
DeFi 3.0: In contrast to earlier iterations of DeFi featuring numerous copycat protocols with limited utility, Radiant DAO's V2 launch maintains cross-chain lending and borrowing while strategically gating emissions to users providing utility through Dynamic Liquidity Provisioning.
Support for 20+ Collateral Options: As Radiant DAO expands its cross-chain functionality to additional chains, new collateral options will emerge, driven by DAO-voted Loan-To-Value parameters and oracle usage.
In summary, Radiant Capital's ambitious vision to consolidate fragmented liquidity and offer seamless cross-chain services positions it as a potential top 10 player in the DeFi market. With its innovative approach and focus on sustainability, Radiant Capital could shape the future of decentralized finance.
AAVE something exciting Don't Miss Out..!!👀 AAVE Today analysis💎AAVE replicating the same wedge pattern, with a key observation being that it's trading in a strong demand area and below EMA 50.
💎Another aspect to consider is that if the price re-enters the box due to the market uncertainty that has been prevalent for the last few days, it might consolidate and, with increased selling pressure, invalidate the bullish momentum.
💎The POC of VRVP (Visible Range Volume Profile) is acting as resistance. If the price maintains its momentum above EMA 50, we could be in for a solid bullish move.
💎 In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!
AAVE still on trackI'm still in my AAVE long, and I'm still looking for red resistance to touch. I wasn't expecting it to take this long... Well, I was 70/30 that it wouldn't take this long. Doesn't matter, because it has taken this long and I still have more days to wait I'm guessing. We shall see! This is not advice.
AAVEUSDT on daily support, long favorable towards 72.9We talked about this one going down to the daily support and potentially aim for the weekly support in coming days. That does not mean that a bounce shall not be expected from the daily support. The price has touched the daily support and I expect a bounce here towards 4h resistance 4HR1. This provides an opportunity for a long trade. The target of this trade should be close to 4h resistance zone 4HR1 which is around 72.9.
AAVEUSDT at monthly resistance, retrace to weekly support likelyThe price hit the confluence of monthly and weekly resistance. This resistance is definitely strong one and usually will not give the way so easy in the first attempt. We see that the price got rejected from this resistance and landed on the daily support for a bounce towards that resistance again. The price is pulling back again from there and heading towards daily support. The probability of this daily support holding the price for long is not that high and I expect that the price will head towards weekly support WS1. We shall observe a good bounce in case price reaches there. WS2 is the weekly support level which marked the low of june 2022, dec 2022 and june 2023. That support has provided very good price bounce/reversal although with diminishing returns on subsequent bounces/reversals. Anyways that support is far away and just for explanation purpose I have added so that in case in the future if price reaches there, it would be again a good long opportunity. But for the time being, I expect the price to reach WS1 level and bounce from there.
AAVE Looks Very Bullish!There's not much room/time left for AAVE to consolidate. AAVE has been making lower highs but holding support at the lows as well.
After the next potential selloff to the golden pocket or the range lows, I would expect AAVE to make a very big move once the downtrend line is broken decidedly and the price consolidates above.
BULLISH ONCE TRENDLINE BREAKS!
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