$AAVE $BTC | LONG - Watch The RetestHave has been one of the altcoins that has show strength versus Bitcoin during it's rally. Key moment here. Simply watching and waiting for a health retest. Healthy would be a strong rejection to the upside ideally forming a new higher high. Weak break below doesn't mean we wont see AAVE perform however one should be cautious as it will be heading towards the POC where price can tend to trend towards. A break below the POC and greatest area HV nodes on the volume profile will be a sign of weakness and likely setting a new low. Strong break of the support line means we're more likely to see this scenario.
Be patient. No need to rush these trades.
Lots of opportunities in these markets and there will be lots more in the future.
Aavebtc
$AAVE $BTC | UPDATE | Perfect response. AAVE will outperform BTCBINANCE:AAVEBTC
Updating the previous Aave chart below.
If you saw the last post on Aave you will remember that the most bullish scenario would've been a strong response from our entry level on the chart. We just missed the entry level by a few Satoshi's but if you were following you would've been able to jump in.
This move is more evidence that $AAVE is going to outperform $btc at least for this market cycle and that's exactly what we want when trading spot.
#AAVE, Looking for a break over descending trendline #AAVE
Looking for a break over descending trendline // flip over 430k sats as signal of continuation...
UCTS switching to buys across multiple timeframes. (took a position on the 1D buy)
Still waiting for volume to get a better shape.
Let see how it goes!
#AAVE
AAVE/BTC: Bullish Kumo TwistA bullish kumo twist is printing on the AAVE/BTC chart following a convincing breakout from a bearish cloud. This is a huge sign of strength and has me looking bullish, though we could expect a retest of some support before continuation. While the ticker has proven strong results in the past few days/weeks, this leading indicator suggests further upside ahead. Long here.
AAVEUSD (Waiting for the broadening wedge Breakout)#AAVEUSDT ( 4H chart) Technical Analysis Update
Waiting for the Broadening Wedge Breakout
AAVE/USDT currently trading at $141.5
Long Entry-level: Above $147 (only enter long after 4 h candle closes above the resistance level at $147)
STOP LOSS: I will update once I see the breakout
Target 1: $165
Target 2: $180
Max leverage: 3X
ALWAYS KEEP STOP LOSS..
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#AAVE, Looking for a break over ~430k sats as continuation...#AAVE
Looking for a break over ~430k sats / descending trendline as continuation... (Volume looking weak for now)
UCTS showing buy signals on the 1D and lower timeframes..
If happens, looking for ~540k sats as target (20% from current level)
#AAVE
AAVE:BTC Best odds in the market. 80% chance to make 40% profitHigh probability "Reversion to the mean" trade. As long at the pivot holds there is an 80% chance that the price will return to the median line. This is a solid trade. Almost 1:2 Risk : Reward.
Entry: .003322
Stops: .0025910
Target: .004639 (the longer this takes to play out the higher the target)
Never Trust. Verify.
D.Y.O.R . Not Financial Advice, this is my trading journal.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
AAVEUSDT - Potential breakdown 🔽AAVEUSDT is testing the major ascending channel resistance as shown in my previous analysis .
RSI is printing a bearish divergence signal.
Price action printed a rising wedge pattern and price brokedown below the wedge support.
Price action is printing a descending triangle pattern.
Sell entry ⬇️ - breakdown below the descending triangle support.
Target 🎯 - Support levels.
Setup invalidation ❌ - breakout above the descending triangle inclined resistance.
💡Don't miss the great buy opportunity in AAVEBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.003130).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AAVE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.004000
TP2= @ 0.004520
TP3= @ 0.004950
TP4= @ 0.005570
TP5= @ 0.006320
TP6= @ 0.007570
SL= Break below S2
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. . . . . Please show your support back,
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Now, It's your turn !
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💡Don't miss the great buy opportunity in AAVEBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.003130).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AAVE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.004000
TP2= @ 0.004520
TP3= @ 0.004950
TP4= @ 0.005570
TP5= @ 0.006320
TP6= @ 0.007570
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AAVEUSD (Waiting for the Resistance Zone Breakout)#AAVEUSD Technical Analysis Update
Waiting for the Resistance zone Breakout in 4h chart
AAVE/USD currently trading at $89.60
LONG ENTRY: Above $100 (Only enter long if 4 h candle close above $100)
STOP LOSS: I will update once I see the Breakout
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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Aave Double Bottom on 1 hr chart BINANCE:AAVEUSDT Double Bottom on 1 hr chart
RSI pushing bullish divergence on the lower time frames
BINANCE:BTCUSDT is consolidating in a triangle pattern
It seems like a low-risk trade too long Aave at these dips
Entry price - $78
Stop Loss - $75
Take profit:
TP1: $85 - 0.618 Fib Retracement
TP2: $90 Previous high level of confluence