Aave formed huge bullish Shark for upto 32.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Aave token with BTC pair.
Previously I shared a long-term trade plan for AAVE as below, which is still in play.
Now on a daily time frame, AAVE has formed a bullish Shark pattern.
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
Aavepriceanalysis
AAVE/USDT - SHORT ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
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⚡️⚡️ AAVE/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 79.92 - 100.0%
Take-Profit Orders:
1) 75.45 - 65.0%
2) 71.75 - 25.0%
3) 66.26 - 9.998%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
Medium and long-term targets for AAVE price growthThe AAVEUSDT price has been behaving quite well in recent days
AAVE reacts to the correction of the BTCUSDT price with a slight correction or even growth. Well, the result of such strength and confidence of buyers is that now the price of AAVEUSD is +80% higher than it was at the low in June 2022.
The chart shows a bull flag pattern, which usually serves as a continuation of the growth trend.
So, to confirm their strength and readiness to push the price of AAVEUSDT up in the near future, buyers should no longer allow it to fall below $77
Medium-term target for AAVE price is up to $115-130
Long-term target of AAVE price growth to $250-300
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AAVE/USDT - Potential Short ScenarioHello Traders!
AAVE continues to move within the descending trend completing the falling phase.
It is possible to assume that correction to the basic movement to gather liquidity near the $104 is finished. Thus further, it is possible to expect a continuation of descending pricing.
The set of medium-term purchases can be started in parts in the price range of $30 - $54 after the price leaves under the support level of $54.
Targets of such purchases will be price levels of $104 and $164
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
AAVEUSDT 1D Buyers are trying to break the downward trendToday, the trading pair AAVEUSDT is on review
From May 2021, when the price of AAVE recorded its maximum of 668 dollars, a downward trend began, which has been going on for more than a year.
In the last trading month, AAVEUSD buyers have been trying to break the downward trend. The struggle between buyers and sellers began on increased trading volumes, and the rebound from the bottom was +80% at that moment.
But there is still a lot of work, because only in the downward channel the range of price movement is 250%
In the coming days, we allow the possibility of continued growth to $89-95 , and possibly even to 115dollars per AAVE.
At these price levels, sellers should become more active in the future in order to force buyers to fight for the middle of the downtrend channel and show who currently has more strength and capital.
Well, depending on the results of this battle, the blue or red price route will be activated, you just have to watch carefully.
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Aave formed huge bullish Gartley for upto 849% massive rallyHi dear friends, hope you are well and welcome to the new trade setup of Aave token.
On a monthly time frame, AAVE has formed a huge bullish Gartley pattern for big reversal move:
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
AAVE/USDT - Potential 294% SetupHello Traders!
AAVE is completing its previous market cycle. The price is approaching the $59 - $93 buy zone
We can accumulate medium-term purchases with a favorable risk/profit ratio closer to the support level of $59. A grid of orders can be placed in the range of $59 - $74
The targets will be price levels of
$147
$231
$298
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
AAVE DAILY NEAR FUTURE PREDICTIONSTechnical Analysis Summary (POLKADOT)
AAVE/USDT
TREND ANALYSIS
We have 2 downtrend which is currently active in red.
The wider (weekly trend ) is stronger than the Daily trend.
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Yellow support level are levels from the past (more for explanation purposes rather than entry points) where we could have seen the laddering upward that was happening from the first daily level to second to third.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
AAVE IN BUYING ZONEAAVE is very undervalued right now. It is in a good buying zone around the $302 key level. Personally, I wouldn't recommend dumping your whole account into this. You could start DCAing slowly and see where it goes in the upcoming days. BTC dominance is in an uptrend. Once it crumbles, AAVE is going to make big moves; since it is one of the tokens that didn't move back to ATH after the July dump. Anything below $300 would be a steal. Long term target is ATH or anything beyond.
DYOR, Manager Your Risk. Technical Analysis is not a financial advise.
ALERT AAVE BOTTOM IS IN BUY NOW????!!!aave
broke below the previous zone of support from earlier in the year
is now showing slight bullish bullish MACD on this recent lower low in price action
previous daily candle also rejected the previous zone to the downside
if price action can get back above this zone and the negative momentum begins to fall I will being to look to ride price action the upside level of $500
-BTC also needs to play fair in order for this to work