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.
_______________________________
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 :)
Aaveusd
AAVE/USD - Stairway to heaven @ $500!AAVE is unstoppable and is accelerating with 50% gains in two days... what is going on?
We broke the channel resistance and once that happened, well, we entered parabolic territory where price had to literally run up to find sellers.
I don't see any sign to say we're done here, rather we still have a long way to go up. The yellow parabola can be a good indicator when this momentum will change (once broken). Until then... up we go.
However, be careful because once the momentum shifts to the bearish side, well, we will go down using the elevator, not the stairs. Play safe!
Like and follow if you liked this idea. Also join my crypto community to stay in touch!
Aave (AAVE) - January 31Hello?
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 need to make sure you can get support on the 315.2960-329.6744 section.
If you fall from the uptrend line (1), you need a short stop loss.
In particular, if it falls from the 243.4039 point, you need to trade carefully.
The next volatility period is around February 4th.
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** 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)
AAVEUSDT - Be carefull, show rising flag patternHumbled, we would like to thanks for your support who has already liked, commented and followed us.
Your support, strengthens us, to help in analyzing the market.
Based on technical analysis, AAVEUSDT chart show us rising flag pattern that indicate if the price break down the line, so the deep retracement will be happen, so be carefull. Secure your profit by using trailing stop
AAVE/USD - Bearish momentum and divergenceAAVE had a fantastic run and now we are just under a major resistance line. This is the time to explore short opportunities rather than buying, considering market conditions where BTC and ETH broke support.
The indicators also paint a bearish image:
1. RSI bearish divergence on 4h and daily (higher price with lower RSI peak)
2. Decreasing volume
3. MACD histogram on negative, falling down and picking speed
So be careful, if you are in profit, good time to secure some of that and reload lower. Support levels on the chart.
Like and follow if you liked this idea!
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 :)
AAVEUSDT: Ready for yet another run! Explained by Trader_phAAVEUSDT: Ready for yet another run! Explained by Trader_ph
Hello traders! Today I will explain AAVE with Technical Analysis. Don't forget to like and subscribe my TradingView Account.
Here is my analysis for AAVEUSDT:
1. bullish Breakout in Wedge-shaped pullback(Bullish)
Breakout in the wedge is very strong. A Solid green candle with 4x more height compared to the last bar, breaks the upper boundary of the wedge with ease.
2. 5 bars before the breakout, triple supports treat as jump board for the price(bullish)
There is a $240, a Moving Average Channel Support, and wedge lower boundary support. This served as a strong pusher to break the wedge. Very bullish, indeed.
3. Yellow(strong) volume bar on breakout bar(bullish)
A yellow-colored bar on a breakout indicates a big number of participants in a bar. The breakout bar's volume was very strong. This indicates also that the bears have retreated away.
4. Light Blue(normal) bars indicate wedge is a healthy pullback
A group of light blue/blue bars on a pullback is a sign that the wedge is a healthy pullback of the current bull trend.
5. Effective Divergence Indicator gives confirmation of the breakout
The EffDi indicator that I invented broke its own downtrend. This is a confirmation that the breakout is very valid.
6. Mild pullback after breakout did not happen yet, likely pullback to Fib 0.236
The Fib 0.236 has been broken with ease as if it wasn't there. However, there was no pullback yet. We may have a pullback to the $255 of Fib 0.236 before continuation.
7. AAVEUSDT performing way better than BTCUSD
If a cryptocurrency is performing about 5% better or more than Bitcoin, this cryptocurrency usually explodes if TA supports it. AAVEUSDT is one of them. Get ready!
AAVEUSDT's TA gives us many bullish signals that we should take into account. Good luck AAVEUSDT!
Forget not to like and subscribe for more posts like these? What pair do you want to be analyzed? Tell me in the comments!
Indicators used:
Volume Heatmap by Xdecow
Moving Average Channel by trader_ph(private)
Effective Divergence Indicator by trader_ph (open-source)
Aave (AAVE) - January 25Hello?
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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We need to see if we can get support from the 243.403953-257.782366 segment and climb above the 315.296026 point.
If it falls between 142.755052-157.133466, a Stop Loss is required 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 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 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: closing price when closed
G2: Market price at the time of opening
(Example) Gap (G1-G2)
AAVE/USD - Clear path to $250!AAVE is in a clear ascending trend towards $250. I do not see much stopping us reaching that level, we passed local resistance (dotted line) and we're clear to go up.
Indicators are looking good as well, so I would not be surprised to reach $250 fairly soon! At that point expect a reaction and a re-test of previous resistance turned support. We may drop lower after that, but that is still unclear now, first we need to find our top.
Overall a great long opportunity here.
Like and follow if you liked this idea!
A CUTTING EDGE Project - Insane potentialI won't go much into technicalities but more into project fundamentals.
DeFi looks like it's going to explode in 2021 at only about a 30 Billion dollar market cap.
It's basically in infancy. And for me, by the end of 2021, it could grow by tenfold.
When it comes to AAVE, 3 billion dollars is locked into AAVE alone - It's the largest crypto DeFi project by market cap.
The total supply is 16 million tokens, 3 million will be allocated to the AAVE ecosystem reserve. The inflation rate of about 1.2% per year.
Aave is in the process of receiving the necessary licenses they need to make it possible for users to buy assets in Aave directly using fiat. Aave received the first of these licenses in July from the UK Financial Conduct Authority.
Aave also received over 25 million dollars in funding from various venture capital firms in October 2020. The purpose of those funds is to bring in more institutions and expand Aave’s operations into Asia.
That is why I think AAVE is not only going to be the largest DeFi project but one of the largest in the whole crypto market.
Remember when Bitcoin was about $1000? ;)
AAVE/USD - Momentum fading, expect some cooldown to $180AAVE is looking for a break in this ascending momentum. Indicators are looking rather bearish short term, so I would not be surprised to see us re-testing the support line at just under $180. My short term bias is thus bearish.
This diagonal support on which we rallied since early January seems to reach it's final stages. Thus I expect us to break-down soon.
Short of a miracle, I do not see how we would pump to $250 this month. We need to range/refuel for that as the chart stands now.
If we drop to $180, then that is a great buy area for the next leg up, but be careful, we need to make sure we continue the bull run and not fall to $130. We can see later on that.
AAVE is one of my top altcoin picks for 2021 - see below the link to the full article.
Like and follow if you liked this idea!
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...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and comment your thoughts.
AAVE 1D Correction to $110 and then we will seeThe AAVEUSDT idea has not been updated for more than a month, but it's time, because the previous idea worked out only for the first target of $63.
And then the rebound turned into a powerful growth , which still continues.
Though, this growth has reached the Fibo level, similar to the Fibo level BTCUSDT at $42,000, and we know what happened with Bitcoin.
As of now, the high was $146 and the Fibo level was $150. Therefore, we assume that at least a correction to the level of $110 can begin.
At this level the further directions of the price movement will be solved:
Growth to $190.
Whether a break of the wedge down with the first target in the liquidity zone of $75-90 , and maybe with the fall continuation to $62.
_______________________________
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 :)