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Aavebtc

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.
Short
by Chibuike_Odoh
💡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 ❤️
Long
by ForecastCity
14
💡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 ❤️
Long
by ForecastCity_World
4
AAVEBTC completing final leg of bullish Shark | Upto 205% moveOn daily time period chart, the price action of Aave (AAVE) is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone. At this time price action is breaking down 100 SMA and on breaking down 200 SMA this move will be confirmed. Buying And Sell Targets: The buying and sell targets as per Fibonacci sequence of Shark pattern should be as below: Potential reversal or buying zone: 0.002075 to 0.001375 btc Sell or Fibonacci projection zone: 0.002741 to 0.004201 btc Stop Loss: The potential reversal zone area that is up to 0.001375 btc can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per above targets this trade has a profit possibility of 205% and as per the above-mentioned stop loss, the loss possibility is 33.8%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
1