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Aaveusd

Elliott Wave Analysis: AAVE In A Complex Deeper CorrectionHello Crypto traders! Today we will talk about AAVEUSD, its price action from technical point of view and wave structure from Ellott Wave perspective. AAVEUSD has already found the top at the beginning of February and since then, we see see slow price action and corrective wave structure. It's ideally trading in a complex 7-swing (w)-(x)-(y) corrective drop, which seems to be unfinished, as we see an incomplete decline into wave (y), so watch out for further weakness towatds projected 210-145 support zone before bulls show up again. Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
by ew-forecast
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 #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.
Long
by Moonseekers
13
Aave haave potenialI would like to see another re-test of the $345 support, as you will observe, all lines in the structure have been tested 3 times with the exception of this support. Usually third time is the charm, so if this holds, I expect price action to break the hypotenuse of the triangle. If it doesn't hold, we buy the bottom resistance line, in which cases the targets change slightly. Either way, look for buys in the buy-zone. Then look to fill the rest of your bags on the re-test. First price target is around $500. but the final target will be almost 60% higher than the current price. What do you think of Aaves place in the lending / banking / yield farming arena? Let me know in the comments.
Long
by FinanceGoku