4hr frame H&S #StaySafuHi All,
Another analysis on Aave/usdt pair.
As we can see a nasty H&S is forming. I would not trade aave at the moment unless you are willing to short.
Currently in a downward trend. Demand zone is around $380.00 but if we break that, we may see $340.00 very quickly as the next support zone and a nice wick from there in the coming days.
Aave was needing a correction and now its filling the gap. although a great project technicals point downwards.
Dont trade unless you are willing to catch knives. Im not a knife catcher i keep moneySafu. So tradeSafu and wait for a clear indication.
StaySafu -ChartSafu CryptoSafu
Aaveusd
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/USD - potential 83% setupHello, Traders!
AAVE is the market leader in the Defi altcoin market.
The asset is currently consolidating after rising in the $408-$538 range
In a retracement, you could try to buy the asset on a pullback in the range between $422 - $454
Stop Loss should be placed at $392
Targets on Fibonacci extension levels based on trend
$538
$566
$638
$682
$798
Good luck and watch out for the marekt.
P.S. This is not a piece of financial advice but only trade I would be following myself
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.
🆓Aave/USDT Analysis (19/2) #AAVE $AAVEAAVE has successfully conquered $440 zone, this is shown by the buying force that is always trying to push AAVE up above this zone from the beginning of February until now.
AAVE is heading to retest $560 zone and if successful, it will rise to $680 and $800 or even $1100 in March.
📈BUY
-Buy: 430-450$. SL if B
-Buy: 550-570$. SL if B
📉SELL
-Sell: 550-570$. SL if A
-Sell: 670-690$. SL if A
-Sell: 800-840$. SL if A
-Sell: 1100-1150$. SL if A
♻️BACK-UP
-Sell: 430-450$ if B. SL if A
-Buy: 280-300$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
AAVE long term $1K+ this chart has been active since DEC 2020I have been holding AAVE for the long term Bought in at around $280-340.
This is a DEfi Coin that has great market cap similar to MKR (Maker) which has been hovering around $2500-2700 from a bounce of $300.
I believe with the rise in DEFI dut to BTC dominance and Loans we will see it rach $1K+
Aave (AAVE) - February 16Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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You should watch for any movement that deviates from the 415.40-642.72 segment.
In particular, it remains to be seen if it can rise above the 529.06 point.
If you fall from 377.51-415.40, you can touch the 301.74 point, so you need a short stop loss.
You need to quickly climb above the 469.64 point to see if you can get support.
We have to see if we can go up along the uptrend line.
-------------------------------------------------- -------------------------------------------
** 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 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.
Hence, 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 published by oh92. (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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
AAVEUSDT UPDATE SHORT POSITIONBefore describing the chart, I should mention 2 points for newcomers that can also be a reminder for all..
First lesson to be taken in financial markets is that no trend is supposed to be forever ascending or descending.
Second lesson is finding the accurate entrance point and patience... Without patience we will miss all trends, either upward or downward.
Now let's go to the chart:
In any harmonic analysis, we look for D zone. But here we have found point C to enter the position. Now we are double-minded between two patterns..
First is Bullish cypher pattern and second is Bullish shark pattern.
Cypher pattern completes in 240$ area (limit) and shark pattern in 207-93$ area.
Here is the important point in all harmonic patterns .
Our pattern will not be approved until we pass neckline; so we close 50% of position in neckline (400$ area) and in order to decide for the other 50%, we should wait for market reaction.
In case of neckline break, I will consider zone D of cypher pattern as my second target.
Since we had our entrance point whale-like, our exit point must be of low risk.
Notice: We took this short position in the most ascending market and hence having this analysis was risky..
Hope you can use this analysis well..
Good luck
AAVE/USD - Ascending channel to $775!AAVE moved in a more steep ascending channel which seems to take us to at least $775 if this momentum is maintained!
Right now, we are just under the resistance at $530 and we seem to struggle a bit here. This is also shown by the indicators with a bearish divergence on RSI and MACD losing strength.
However, I am still bullish on AAVE as long as we stay in this ascending channel. If we break support, then my bias will change, but right now, I don't see why we can't pump up again after we cooldown here a bit and refuel.
On daily timeframe, the indicators look ok to me to go higher. We just need to see how price action develops then we will know.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
AAVEUSD (Waiting for the Resistance Zone Breakout)
AAVEUSDT (1h CHART) Technical Analysis Update
Waiting for the resistance zone breakout
AAVE/USDT currently trading at $500
Buy-level: Above $545 (only buy if 1h candle closes above $545
Stop loss: I will update once I see the breakout
Target 1: $600
Target 2: $650
Target 3: $750
Target 4: $850
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Aave (AAVE) - February 8Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We have to see if we can get support at 469.64 and climb above 529.06.
If it falls, you need to make sure you get support in the 377.51-415.40 range.
If you decline at 377.51, you need a short stop loss.
However, you need to trade carefully as you can touch the uptrend line and go up.
------------------------------------------------
(AAVEUSD 1D chart)
We'll get support at 459.272953 and see if we can climb above 507.222423.
If you decline at 387.348750, you need a short stop loss.
If it falls, we need to see if it can rise along the uptrend line (1).
-------------------------------------------------- -------------------------------------------
** 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 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.
Hence, 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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)