AAVE: Bull Flag and Trendline Break PT1 370 PT3 486AAVE has been printing a smallish bull flag as of late and is breaking out currently with a daily dragonfly doji candle close. These two facets are pretty bullish when all things considered knowing that ETH has London HardFork coming up on Aug 4th and now we know Elon Musk personally owns Ethereum in addition to Bitcoin and a much smaller DOGE position.
We could be in the midst of a 3rd wave up from an Elliot Wave perspective on a minor count - 3rd waves are typically the strongest impulse wave. If this is the case look for a price target near $486 the 1.618 Fib extension.
Thematically, I am more bullish on DeFi than almost anything else as an industry atm as this is really the institutional first big foray outside of BTC. AAVE also doesn't have the drawbacks associated with regulatory concern such as synthetic minting of assets like other projects such as LUNA (a project I like but needs more clarity from regulators before I'm more bullish on it).
AAVE should be priced on par with COMP but is at a discount and will likely trade at par in the not so distant future. Look for this to have some decent upside in the coming days.
Aaveusd
AAVEUSDT IN THE NEAR FUTURE!Hi every one
AAVE / TETHERUS
AAVE/USDT is trying to form a symmetrical triangle. As long as the price remains in this pattern and the break out doesn't happen we can't be sure weather AAVE is going up or down. If the price breaks this pattern downward, AAVE can fall to 170 or even 150!on the other hand if the upward break out happens the price can increase to 400 !
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AAVEUSDT D2: 550% GAINS BEST Level to BUY/HOLD (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: AAVEUSDT 2days//candle chart review
::: speculative reversal setup
::: DO YOUR OWN DUE DILL
::: use a fixed stop loss as well
::: however correction mode NOW
::: few weeks so for now recommend
::: to stay out of this market
::: recommend to focus on buying low
::: I don't think that we are ready to MOON yet
::: reload BULLS near 150/160 later August 2021
::: best trades near point D for the BULLS
::: it's a strong prior bull market so can
::: so expecting at least one final PUMP
::: BULLS get ready to BUY after pullback
::: TP bulls is 550% gains
::: TP BULLS +250%/+550% gains max
::: patience required next few weeks
::: BEST reload BULLS is 150/160 USD
::: as we are getting ready for a move now
::: final TP BULLS is +250%/+550% gains max
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/BUY PULLBACK
::: Sentiment short-term: BEARS/CORRECTION
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Aave (AAVE) - July 17Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(AAVEUSD 1W Chart)
If the price is maintained above the 206.817161-300.459751 range, we expect the uptrend to continue.
(1D chart)
If the price is maintained in the 210.779774-315.356387 range, it is expected to turn into an uptrend.
The price should remain in the 315.356387-419.933 zone to continue the uptrend.
If it goes down, you should see support at the 158.491471-210.779774 zone.
-------------------------------------
(AAVEBTC 1W chart)
If the price is maintained above the 0.006650-0.007865 range, it is expected to create a new wave.
(1D chart)
If the price is maintained in the range of 0.007364-0.009798, it is expected that the uptrend will continue.
However, the 0.009798-0.011016 section is a section that determines the direction, and I think that the upward trend can be accelerated when it rises above the 0.011016 point.
If it falls from the 0.007364 point, you need a Stop Loss to preserve your profit.
However, you should be prepared for this as it may touch the uptrend line and near the 0.006650 point and move higher.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional 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 disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. 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 are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
AAVE 1D The price is close for a tasty purchase in longWe haven't updated the idea for AAVE for half a year
Those interested can see a series of ideas on AAVEUSDT in our profile, where we described in some detail the project and our thoughts on possible future price movements.
If you look at the current AAVEUSDT chart, you can see that over the past 10 days, buyers have become more active and were able to raise the price by x2 . After that, the price hit a strong mirror level of $340 , which previously cleverly coped with the role of support.
Now the local correction of the AAVE price has begun, during which we will see how strong the buyers are.
If this correction ends around $250 , then the assumptions that there are a lot of buyers, and they are serious about driving the price of AAVEUSD higher to the next mark in the area of $500 , according to the white scenario, will be confirmed.
If sellers push the AAVE price below $250 , then the next zone where buyers should activate is in the region of $190-210 . And after a while, you can safely wait for the development of growth in the blue scenario , the upper global goal of which is in the region of $800-860
_______________________________
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AAVE LONG TREND UPDATEHello trading friends,
This is a small update for AAVE
AAVE Shows a great trend for green. and possible that we can see some increase trends coming time.
Manage always your risk, and check the trend on 2 sides.
Trend expecting coming time 314 USD, and for the breakdown trend, we did add the red coffee time icon
.
there is not always a reason to enter the markets always directly Manage first the risk
Have a great coffee time!
like/follow for more content - Thank you
Aave suggests continuationAave has halved in price since it’s high.
But the recent low which almost caused RSI to bottom, marks a great increase from launch price.
Interesting hidden continuation divergence (so I share with you) plus interesting to see bounced off the 23 fib.
What’s your view on Aave?
Aave (AAVE) - June 30Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(AAVEUSD 1W Chart)
It must move above the 300.459751 point to continue the uptrend.
(1D chart)
We will have to wait and see if we can sustain the price in the 253.495357-337.451626 range to turn into an upward trend.
In particular, you need to watch to see if it moves along an uptrend line.
If it goes down, you should check to see if it finds support at the 126.926372-169.539088 zone.
-------------------------------------
(AAVEBTC 1W chart)
If the price holds above the 0.002829-0.004956 range, we expect the uptrend to continue.
(1D chart)
We should see support at the 0.006625 point and see if we can move higher.
In particular, if the price is maintained in the range of 0.006625-0.008812, it is expected to turn into an uptrend.
You need to break out of the downtrend line to accelerate the uptrend.
If it goes down, you should check to see if it finds support in the 0.003343-0.004437 range.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional 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 disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in 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 section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. 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 are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
AAVE following the General trend AAVEUSDFollowing what most cryptos are doing right, AAVE seems to wan to go lower locally. We are noting Wave A of the next ABC fractal forming. Not much to note here - other than that the Fibonacci goals is in green, cancellation/setup rejection is in red. This is not some kind of financial advice for your portfolios, so do your own research and make your own decisions about your trading or investment related moves.
AAVE LONG TRADE 20210609 1st EntryFirst Entry for now
2nd Entry when breaks through the resistance line
Signals: Blue -> Green
AAVE, AAVEUSD,AAVEUSDT,AAVEUSDTP, CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.