$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.
Aavebtc
#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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💎 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 ❤️
💡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