Aavepriceanalysis
AAVE 🇬🇧- DEFInitely a BUY 💂💷Today's correction for me, personally, is an opportunity to Buy some coins/tokens that I had been waiting for an opportunity to go in. Better late than never.
Aave is an Open Source Protocol to create Non-Custodial Liquidity Markets to earn interest on deposits and borrow assets with a variable or stable interest rate.
It is not just that Mark Cuban likes it, it's the fact that the fundamentals are right and their team seems to be of serious people.
Technically at support (finally- been waiting for days) and my chart allows me to Buy it now.
AAVE Prepare For SellOffThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
AAVE Fully Diluted Market Cap $6,912,753,731
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
AAVE 12h When will the rocket run out of fuel?In the previous idea , we assumed that the growth would end around the level of $310-390 . After all, it was there that the level and the upper limit of the channel crossed, where the AAVEUSDT price was moving for a long time.
And what we see on the chart, from the level of $312, we received a slight correction and further insane growth continued.
Who runs statistics of our ideas, you can write down that we were mistaken in the mid-term forecast, but short-term trades look different, there is no way to publish everything in Tradingview)
Parabolic growth has become almost vertical.
Believe it or not, the next level from above is around $670.
Whether the price will reach there should be considered in the course of the AAVEUSD price movement on smaller timeframes, but we should definitely be careful with longs.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
AAVE 12h It grows well, but correction is still neededOur previous idea did not work as we would like.
The correction that was supposed to have failed, and the AAVEUSDT price immediately aggressively move to the level of $194 , and only from there was a more or less correction to $150.
However, buyers' aggression did not allow the AAVEUSD price to stay there for a long time and fired a rocket upwards.
Perhaps, we missed some important news regarding the AAVE project, which makes such a desire only to buy? Write about it in the comments.
For 3 months the AAVEUSDT price has been moving upward in the channel. The parabolicity of the movement begins to gain a vertical character.
We assume that in the coming days, AAVEUSDT will rise maximum to $310-312, from where a good correction will be needed.
A fall by -30% to $215 would not be a bad growth correction to start with.
Shorts in a growing market are a very dangerous idea.
When trading on margin, you should always remember:
- longs have lower levels that you can focus and below zero the price cannot fall
- shorts have no upper level, and the combination of pump + margin calls and liquidation can drive the price very high.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
AAVE-3h. Sellers are trying to take the initiative.The wild growth of AAVE has finally come to an end. Whether this is a temporary halt or the beginning of a global correction is still unknown. However, the purpose of this idea is short-term speculation . So let's look at an interesting scenario in which we can catch 20% of the price movement.
As you can see in the chart, the AAVE price is now breaking the critical range $172-177 on which buyers have built an attempt to grow. Fixing the price under this range will confirm the weakness of buyers and open the door to sellers for the test range of $138-142.
However, the 4-hour candle has not closed yet to declare that this scenario works early. The candle may close with a false break of the $172-177 range and continue local consolidation. While the price of BTC is above $32000-33000 to enter the short position AAVE early.
Is this the end point of the fall? Maybe no. If you look at the larger timeframe, a good liquidity zone is in the range of $100-120.
However, these are the goals of the medium-term idea , which we will make if this idea starts to work out.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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AAVEUSD (Next Target 240!)AAVEUSDT (1h CHART) Technical Analysis Update
Symmetric Triangle breakout
AAVE/USDT currently trading at $202
LONG Entry level: $198 to $202
STOP LOSS: below 190
Target 1 : $220
Target 2 : $240
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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AAVE / USDT retest the ascending traingle Aave / usdt
🌟 Techincal analysis 🌟
After broke the ascending traingle pattern and retest the upperline .....
it did a good bounce on 4 h frame
If the support level /previous resistance (upper horizontal line of the traingle) hold
We can expect it to reach next targets in fibonacci soon
Good luck and happy trading 🌹
LEND is now AAVE, downward correction continues.This idea is a continuation of our previous LEND idea .
The community voted to improve Aave (AIP1) to migrate signs from LEND to AAVE!
The migration process began on 10.02.2020, and ended on 10.12.2020, when users counted 1AAVE for 100 LEND.
On 15-16 October, AAVE trades were launched on Binance exchange.
In the previous LEND idea, 2 months ago, we assumed that LEND would fall into the zone $0.27-0.30, but there was a migration and denomination, respectively, we multiply by 100.
The AAVE low was fixed on 5 November at $25.94 , and clearly falls into the zone that was calculated 2 months ago.
If the AAVE price fails to fix above $56-59 , then a deep fall will continue:
- initial target - $31
- the global target is a fall into the zone $11-15.
_________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Aave Technical Analysis: LEND Flashing Sell Signals
Aave is on the verge of a descending wedge breakdown, emphasizing the bearish grip.
LEND/USD to seek support at the 50 EMA and the range between $0.50 and $0.45 if selling pressure mounts.
Aave currently holds the third position in decentralized finance (DeFi) as far as the total value locked is concerned. Data by DeFi Pulse shows that Aave has $1.52 billion of valued locked, following a 2.45% loss in the last 24 hours. UniSwap currently holds in the first position with over $2 billion of locked funds. It is followed closely by Maker with $1.95 billion.
Meanwhile, Aave is exchanging hands at $0.56 after running into a barrier at $0.60. Its immediate downside is protected by the 100 Exponential Moving Average in the 4-hour range. The relative Strength Index (RSI) in the same range shows that bears are taking back control over the price. The RSI made a steady recovery from the overbought on September 21 but hit a snag slightly above 60. The ongoing retreat puts emphasis on the downtrend.
If the price drops below the immediate support (100 EMA), LEND could easily spiral to the next support provided by the 50 EMA. Note that, such a move would confirm a breakdown below the ascending wedge pattern, hence the possibility of the downtrend extending to the support in the range between $0.45 and $0.50.
For now, the cryptoasset is in the hands of the bulls but buyers are not ready to give up control. Therefore, if the Aave holds above the 100 EMA and gives way for consolidation, bulls will have ample time to forge another attack on the critical level at $0.60, thereby restarting another bullish trend.
Aave Intraday Levels
Spot rate: $0.5676
Relative change: -0.004
Percentage change: -0.70%
Trend: Bearish
Volatility: Low
LEND/USD continues the DeFi craze hitting $1 billion
Aave is the second protocol to hit $1 billion in total locked value after Maker Dao.
LEND/USD technical picture starts to deteriorate following a barrier at $0.65.
The decentralized finance commonly referred to as DeFi continues to hit new highs as if it’s a rocket heading to the red planet, Mars. Aave, a DeFi project is among the biggest gainers in both the value of the token and the total value of the funds locked in 2020. On crossing the massive $1 billion milestone, Aave has also seen significant growth in the price of LEND, the protocol’s official token. LEND is up 18% in the last 24 hours and trading at $0.6053.
The remarkable performance also comes after the Network announced version two of its protocol bring on board a host of new features such as native under collateralized loans/credit delegation, debt trading and better borrowing rates.
Aave has become the second DeFi protocol to hit $1 billion in the total value locked following MakerDAO. At the moment, around $6 billion of cryptoassets are locked in DeFI as per data provided by DeFi Pulse.
Aave, as aforementioned, is trading at $0.6053. It has retreated from a weekly high at $0.6654 (as shown on Binance). The technical picture appears to be deteriorating fast as observed with a sharp drop in the level of the RSI. Similarly, the MACD is highlighting the bearish case by extending the negative divergence. If support at $0.60 fails to hold, LEND could easily plunge to test support at the ascending trendline. Extended declines would seek refuge at $0.55, the 50 SMA at $0.5196, the 100 SMA at $0.45 as well as $0.35.
LEND Intraday Levels
Spot rate: $0.6053
Relative change: -0.035
Percentage change: -5.38%
Trend: Bearish
Volatility: Expanding