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Aavebtc

AAVE Primed and Ready for 2021The price of AAVE/BTC is currently consolidating in the lower band of a 10 month long parabolic trend. .0061 sats is the current support line and .0073 sats, the previous all time high from the last blow off top in September, is the resistance line. If it doesn't break resistance it'll test the local support line. However, I anticipate it will drop below that local resistance line down to .0049 sats, and possibly even .0040 sats. Fortunetly, that drop would be totally normal, and a healthy correction. Overall, the chart looks like people anticipate huge growth. It had two blow offs top within six months. Once a L2 solution successfully solves the gas fee issue, AAVE will go on an insane run. .015 btc in the summertime would be reasonable, if a L2 solution is successful by June. This is not financial advise. I am not an expert.
by JimmyMcBigMac
1
Aave (AAVE) - April 17Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- We have to see if we can get support at 437.866003 and rise above 505.364160. If you decline at 379.429759, you need a short stop loss. If you go down at 300.459751, you need Stop Loss to preserve your profit and loss. The next volatility period is around April 27th. ----------------------------------- (AAVEBTC 1D chart) We have to see if we can get support at the 7167 Satoshi point and climb above the 7865 Satoshi point. If you fall from the 6500 Satoshi point, you can touch the 5390 Satoshi point, so you need a Stop Loss to preserve profit and loss. -------------------------------------------------- ------------------------------------------- ** 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: 50% dump done, now a 75% pumpAAVE has been through a very long consolidation after being overextended in the last bull run. The correction has proven to be healthy and created a huge triangle; where AAVE now is attempting to breakout for 70/75% pump! And against BTC, given alt season pervails, there is a 125% gain to be made... (ill post the chart later) - so of course you could consider some defi gold like AAVE :) PROFILE Check the links below for alts I am bullish on or check my profile. Good luck! IMPORTANT This is not financial advice, trade or invest based on your own risk and research.
Long
by cryptobullethbtcxlm
4
AAVE/BTC - Bullish breakout! Not financial advice but someone sharing his trading diary! Make your own plans and you will do fine in the long run. AAVE seems to have finished an abc correction and is getting ready to move up and start a new impulsive wave. Pros: - It bounced from a local 618 Fib + Monthly level. - Market structure on the daily and weekly timeframe is changing. - Oscillators have reset. - Volume signature looks good. Cons: Markets are under selling pressure. Entry: Aggressive: Laddering between 66-58 Safe: consolidation above weekly level: 69-67 (Watch Market structure on at least 4H TF change) Targets: Paying attention to weekly / Monthly levels (chart) - I might leave a small part open and Compound in case a rally is confirmed. Invalidation: a 4H or daily close below 50 Trading level by level and Risking 1% of the account #aave #btc #technicalanalysis #chart # trading #idea
Long
by FiboWhale