Aavelong
AAVE | May - June surveysApparently the price returns to touch the VMA after having made a triple low above $ 300.
What will happen now?
Will the movement be strong enough to end the month hitting $ 400 again?
We come from a sustained (and consolidated) correction movement that has been taking place since around the beginning of March and that in some way is a good consolidation zone...
On the other hand: it may just correct that downward movement that we have brought since February. The odds are there.
Who knows? At stake are the approximate marked lines.
Thanks.
AAVE/USDT FREE SIGNALPair: AAVE/USDT
Type: Regular
Suggested buy-in: $415
Suggested Targets: $490 - $540
Suggested Stop loss: Right below the previous High Low - $340
I am not your financial advice. No matter how accurate something can be I always suggest that you do your own research and use your own risk management strategy. Use the above numbers as suggestions and not a rule.
#AAVE #DEFI - SWING LONG (Closed inside golden pocket) 32% Move#AAVEUSDT #DEFI
Daily Time Frame -
Set up - Falling Wedge Inside Golden pocket
Entry - $370.97
Stop loss - $336
Leverage - 10 x
Exit - Target 1 $441, Target 2 $493
ROI - 32% on spot
We can see on the Daily Time Frame, Aave Bulls have pushed to close inside the 0.38% Fib, while also retesting the falling wedge set up.
Aave should now attempt to push to the 0.618% Fib + Upper order block resistances.
There will be other resistances along the way up, but these are the main resistances we are targeting.
Once we reach the upper order block resistances, i will be looking for a flip into support before re entering longs if further upside is coming.
AAVE/USD - potential 78% setupHello, Traders!
AAVE is exiting the active trading range of $298 - $418 and prepares to continue the market cycle.
Last time the flat movement lasted 55 days and resulted in 530% growth.
The current flat movement has lasted for 60 days, which gives us a trigger for action.
We can consider opening a position in the range of $382 - $418
Stop Loss might be placed under $324
Targets according to Fibonacci levels:
$450
$565
$638
$682
Good luck and watch out for the market.
P.S. This is an educational analysis that shouldn't be considered a financial advice
AAVE moving in a Symmetrical TriangleAAVE is moving in symmetrical triangle and since 25th March, after touching S2, it bounced back and is now moving in an upward trend.
What would be interesting to watch is if it continues to move in the same upward channel. So far EMA 25 is working as support. Looking at the trend there are couple of possible scenarios
Scenario 1 - AAVE to move in an upward channel. To do this, it will have to bounce from EMA 25 support, break upward symmetrical triangle Line (Blue) and break Resistance at 421(R1)
Scenario 2 (Black Path) - Bearish pressure to push AAVE down from the Blue line and then AAVE to bounce again from S1. In this scenario there is a potential that a double bottom is formed.
Scenario 3 (Dotted Black Path) - AAVE manages to break upward Resistance (Blue line), however is unable to break R1. In this case upward Blue line will now work as Support.
Scenario 4 (Orange path) - AAVE goes wild and decides to break all bottom Resistances S1, Symmetrical triangle bottom line (RED) and then bounce back from S2.
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Note: These are my personal notes and in no way a financial advice. Do your own research and trade wisely.
1.4.2021 - Aave (AAVE / USDT)Hi Traders!
It's time for a specific trade, which we will implement today on the daily chart. AAVE is a strong DeFi coin that has a good fundament and in addition, we will trade it against USDT.
What is the difference in trading against USDT and BTC? If bitcoin grows, the altcoin will grow more slowly against BTC, which poses a certain risk. However, if the BTC grows, the altcoin will probably also grow against the USDT. This is the basic formula of the market.
On the chart, we see a very simple setting, which has been working great in recent months and I use it in trading constantly. We have strong support from below and in percentage terms, we have fallen by about 50% from the top, which in the bull market represents a sufficient correction. The correction lasted 43 days, which we also consider sufficient.
We are currently above the trend line and above the moving average , so in my opinion, it is only a matter of time before a stronger movement comes. This is also indicated by trading volumes, which declined steadily during the correction.
I would set the first target to the previous maximum - about 526 USDT and the second somewhere in the zone just below 700 USDT (for me exactly 698 USDT).
There are more similar opportunities on the market and it is a good chance that if the bull run continues, these coins will grow.
May the crypto be with you!
AAVE next big move??So, AAVE has been respecting this resistance line...
It is also drawing this bearish triangle with lower highs...
BUT it has made double bottom... and right now it's looking forward to flying through the resistance and close above it!
If this happens.. we can expect a test of new resistance and also a movement to the north!
Hopefully, we can see a movement up, and if it passes through the resistance area we might see new ATH... but this is way too far...
AAVEUSDT Ascending Channel FormationAAVEUSDT (1H CHART) Technical Analysis Update
Channel continuation
AAVE/USDT currently trading at $409
Buy-level: $395 TO $410 (Wait for the small retracement
Stop loss: below $384
Target 1: $435
Target 2: $460
Target 3: $490
Max Leverage: 3x
ALWAYS KEEP STOP LOSS...
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AAVE - AAVEUSD Long price targetAAVE retraced to 50% fib level of last bull run and recently broke descending channel to resume the uptrend.
Expect profit taking and retracement at last all time high as highlighted on chart.
Stay tuned for the next target depending on how it behaves at $600 level
This idea is long term investment and not for intraday trading.
$AAVE Price Target $922 -Bullish Move to New All-Time-High SOON!This chart says it all. On the daily ichimocku, we were supported at the kijun line (red line) on the 4 hour ichimoku, we are officially breaking back out above the cloud and primed to make new all time highs. The cloud has also flipped green and is now bullish in almost every single way.
I am currently going to be adding my posityon and if we break back down, I will be cautious and set a stop.
In the meantime, this is a high probability trade and my next Major target is $922.
The other red lines are take profit zones 1 & 2.
AAVEUSDT look bullish!AAVEUSDT (4H CHART) Technical Analysis Update
AAVE/USDT currently trading at $401
Buy-level: Above 425$ (only enter long if 4h candle closes above the resistance zone at 425
Stop loss: below $335
Target 1: $495
Target 2: $570
Target 3: $650
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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AAVE // Gartley + W PatternEntered a buy after price completed a Gartley Pattern outside the broken TL and strong support. Looking for price to complete either a Cypher or another Gartley. Will be looking to take profits at the Midline since that will be the closest area of resistance, leaving some money on the table but peace of mind, which is priceless.
A CUTTING EDGE Project - Insane potentialI won't go much into technicalities but more into project fundamentals.
DeFi looks like it's going to explode in 2021 at only about a 30 Billion dollar market cap.
It's basically in infancy. And for me, by the end of 2021, it could grow by tenfold.
When it comes to AAVE, 3 billion dollars is locked into AAVE alone - It's the largest crypto DeFi project by market cap.
The total supply is 16 million tokens, 3 million will be allocated to the AAVE ecosystem reserve. The inflation rate of about 1.2% per year.
Aave is in the process of receiving the necessary licenses they need to make it possible for users to buy assets in Aave directly using fiat. Aave received the first of these licenses in July from the UK Financial Conduct Authority.
Aave also received over 25 million dollars in funding from various venture capital firms in October 2020. The purpose of those funds is to bring in more institutions and expand Aave’s operations into Asia.
That is why I think AAVE is not only going to be the largest DeFi project but one of the largest in the whole crypto market.
Remember when Bitcoin was about $1000? ;)