Aaveusd
AAVEUSDT is bullish targetting 243-262 zoneThe price has been moving up after consolidating between two monthly zones currently marked as MS1 and MS2. This is a very nice pattern to identify for the bullish move and it was there in this case. Very beautifully the price osciallated between these two zones for a long time before moving beyong the MS1 zone. Everytime the price was pushed down from MS1 zone, it found support on MS2 zone and had a bounce. After going beyond the MS1 zone, it was rejected by the weekly resistance WR1 zone but monthly support zone MS1 provided the needed support and the price bounced from there. This was another opportunity to go long as this was breakout retest. Now on this bounce from MS1 zone, the price has managed to move beyond that WR1 zone and currently trading above it. This opens the way for the price to target the next resistance which is monthly resistance MR1 and that zone lies around 243-262. I think the price is likely to hit that zone in coming weeks. We will have a look how it behaves at that resistance but there would be a considerable pullback at that level. So if long, booking profit at that level would be a good idea.
DeFi Categories (PUMP) AAVE 102.70 >>> $239.00Everyone has already noticed the sharp rise in Uniswap (UNI/USDT), with all DeFi projects starting to grow actively. You already know the forecast for Compound; I've decided to include AAVE in the portfolio for the pump as well. The targets on Coinbase are promising.
Uniswap Foundation has published a proposal to reward some UNI holders. According to Coinmarketcap, the native token surged by 74%.
Entry Price: $102.70
Take Profit 1: $205.40 (50%)
Take Profit 2: $289.00 (16.6%)
Take Profit 2: $589.00 (16.6%)
Take Profit 2: $889.00 (16.6%)
So, when the price doubles, take out your initial investment; I've indicated the other targets. Secure profits evenly :).
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AAVE to 60 USDAnalyzing the Potential Downturn of AAVE: A Descending Path from $92 to $60
As we scrutinize the dynamics surrounding the cryptocurrency Aave (AAVE), an in-depth analysis points towards a potential downturn, with the coin's value possibly declining from $92 to $60. Several key factors contribute to this forecast, including a breach below the established trendline, the likelihood of breaking through the MACD trend, and an emerging negative trajectory in the MACD indicator.
The first ominous sign is the breach below the long-standing trendline that has historically guided AAVE's price movement. The deviation from this trendline indicates a potential shift in market sentiment, suggesting a weakening of the previously dominant bullish trend. Market participants are advised to closely monitor this breach, as it often serves as an early signal for a broader correction.
The Moving Average Convergence Divergence (MACD) indicator, a widely followed momentum oscillator, further substantiates the potential downturn. The MACD trend is on the verge of breaking into negative territory, indicating a diminishing bullish momentum. This impending shift is a cause for concern, as it may trigger a reevaluation of positions among market participants, potentially leading to a cascade of sell-offs.
Moreover, the convergence of these factors points towards the likelihood of AAVE's value declining to the $60 mark. Traders and investors should exercise caution and consider implementing risk management strategies in anticipation of this potential downturn. It is crucial to remain vigilant in monitoring price developments, as sudden market shifts can occur, altering the trajectory of any cryptocurrency.
In conclusion, the analysis of Aave's current market dynamics suggests a plausible scenario wherein the coin's value may decline from $92 to $60. Traders are strongly urged to conduct thorough research, exercise caution, and adapt their strategies in response to evolving market conditions.
AAVE breaking out on H4 waiting for pumpEURONEXT:AAVE Long / Spot (Swing)
Entry: $89.6 - $85.5
TP1: $95.28
TP2: $118.03
SL: H4 close below $84.25
Take 25% entry at around 89.6 and remaining it parts around $86, use the entry area/green bo to average your entry, try to bring your entry closer to $87. It can take a week to play out so keep that in mind.
AAVE LOOKS BULLISHAAVE has an ascending structure. We constantly see higher floors and ceilings.
The candles are in an ascending logarithmic channel.
The green area is the rebuy zone. If AAVE maintains the green range, it can move towards the specified targets.
The stop should be somewhere below the green box.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AAVE/USDT potential shift? ? 👀 🚀AAVE Today analysis💎 Paradisers, set your sights on AAVEUSDT! After facing rejection from a higher supply level, it's now navigating within a demand zone, hinting at a heightened likelihood of a bullish trajectory.
💎 In our recent observations, AAVEUSDT managed to break free from its descending channel, embarking on a bullish journey. Currently, the market sentiment leans towards the bullish side, especially as AAVE operates within a demand zone. A deeper dive reveals substantial volume at this level, further amplifying the chances of an upward shift.
💎 On the flip side, should the asset breach the 75.65 demand level, we could witness a pronounced decline, potentially reaching a robust support level. Stay alert and strategize accordingly!
Candle of breaked(AAVE)❤️❤️Thanks for boosting 🚀 and supporting us!
📈When I am in a reng and that reng is broken with a powerful candle, I can decide to follow the same process from the broken side, and AAVE has exactly the same conditions.
📊 (Entry) : 119.57
🔴 Stop Loss : 111.34
🎯 Take Profit : 125-131-138-144
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
⚡️AAVEUSDT CMC TRADING ⚡️ FALLING WEDGEA falling wedge pattern has been identified in the AAVEUSDT pair within the hourly timeframe, signaling the potential for an upward momentum. The breakout above the upper boundary of the wedge is a significant development. Our anticipation involves a rally or movement towards the next major supply zone that has been highlighted.
AAVEUSD: Overbought but can do one last spikeAAVEUSD got overbought on the 1D timeframe (RSI = 70.408, MACD = 2.580, ADX = 34.530) after the strongest two day rise of the current Bull market. The pattern is a Channel Up, which has long turned the 1W MA50 into Support and despite the overbought technicals, it can extend up to 1W MA200, which is the last Resistance remaining and the level that rejected the crypto on August 8th 2022 and May 30th 2022. As a result we will remain bullish up to 140.00 and then buy as it approaches the 1W MA50 near the 0.236 Fibonacci level. That buy's target will be the 0.618 Fibonacci (TP = 240.00).
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AAVE/USDT bullish ride ? 👀 🚀AAVE Today Analysis💎 Paradisers, focus on #AAVEUSDT as it shows a significant opportunity for growth. Currently trading in a demand zone and maintaining robust momentum above the EMA, AAVE is hinting at a strong probability of a bullish movement.
💎 Reflecting on #AAVE recent market behavior, we’ve observed a pattern where resistance levels have turned into support, leading to upward movements. After a rejection from a short-term supply level and a retest of the support creating an equal low, it now appears poised for a bullish shift.
💎 Its substantial momentum above the EMA, coupled with the strengthening demand zone, bolsters the bullish outlook. If #AAVE continues this upward momentum, it's targeting resistance levels at $115.13 and $137.40.
💎 However, in the dynamic realm of trading, #AAVE traders must stay prepared for various possibilities. Should #AAVE fail to sustain its bullish momentum and fall below the current demand level, a different market response might emerge. Be ready for a potential bullish recovery from another key support level of $92.86. Nevertheless, a drop below this crucial level might signal challenges in maintaining the bullish trend.🌴💰
AAVE/USDT Bullish Prospects at Key Support? 👀 🚀Today analysis💎 Paradisers, gear up for a promising opportunity with AAVEUSDT. Currently holding key support, the asset exhibits a high probability of initiating a bullish move.
💎 #AAVE has a track record of following a descending trendline, breaking above it to embark on an upward trajectory. It is now regaining bullish momentum and appears set for another attempt to breach resistance. This setup presents a substantial chance for a bullish movement. With continued upward momentum, AAVE aims to target the resistance at $93.55, and potentially challenge even higher resistance levels at $162.30.
💎 For the sagacious Paradisers, capitalizing on this scenario requires precise timing. Identifying the most favorable entry points during this expected rise is crucial, as well as exercising caution to avoid entering at the market's peak. Additionally, for #AAVE, be prepared for a possible bullish rebound from the support level of $72.46, particularly after breaking the support at $83.40. However, a drop below this support level could signal challenges in maintaining the bullish trend.
💎 In this fluid and ever-changing market environment, strategic foresight and skilled decision-making are essential. Crafting a comprehensive trading strategy that includes effective money management and a deep understanding of support and resistance levels is key to achieving successful trading outcomes. 🌴💰
"Unveiling Crypto Riches: A Deep Dive into Aave's Rollercoaster How much does Aave command in value today?
As of now, the current price of Aave stands at $93.52, accompanied by a 24-hour trading volume totaling $157,652,499. Over the past 24 hours, Aave has experienced a slight dip of 2.39%. In the CoinMarketCap ranking, Aave holds the #45 position, boasting a live market cap of $1,349,392,224. The circulating supply of AAVE coins is recorded at 14,634,359, while the maximum supply reaches 16,000,000 AAVE coins.
A dive into Aave's price analysis reveals a competitive struggle between bulls and bears. The AAVE/USD price has established support at $87.00, encountering resistance at $95.50. The recent analysis indicates a 2.32% decrease over the past 24 hours, bringing the price down to $93.52 from its intraday peak of $95.34. This downturn suggests a bearish trend in the short term, aligning with broader market sentiments. The bears have successfully sustained their momentum, pushing AAVE down and establishing support at $87.00.
Amidst recent market volatility, Aave has faced its share of fluctuations, undergoing a significant price correction after reaching record highs this week. The correction resulted in a loss of over 4% in value over the past seven days. Such corrections are not unusual, as various cryptocurrencies experienced similar adjustments during this timeframe.
Despite the market's challenges, the Aave ecosystem continues to attract investors with its expanding community and lucrative opportunities. Aave's unique offerings, including lending, borrowing, and interest-earning on crypto assets without intermediaries, contribute to its appeal. However, like many DeFi projects, Aave remains susceptible to potential attacks by malicious actors exploiting vulnerabilities in the system. BITFINEX:AAVEUSD
The AAVE price has embarked on a challenging growth pathOver the weekend, unexpectedly for many, including us, the AAVE price showed a +40% increase.
However, so far, buyers have not been able to gain a foothold above the trend line, which has been in place since 2021.
AAVE buyers still have many tasks ahead of them to develop a positive scenario for the AAVEUSDT price movement:
1. To prevent the price from falling below $59
2. Break through trend line and gain a foothold above $68
3. Start cascading break out the short positions. Each closing of a short position by a stop order = buying on the market order = accelerating growth.
4. Above $85, growth can accelerate significantly.
5. If the above conditions are fulfilled, the medium-term target is $125-126 by AAVE
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AAVEUSDT Good Buy!AAVEUSDT - Buy Setup!
AAVEUSDT (Weekly Chart) Technical analysis
AAVEUSDT (Weekly Chart) Currently trading at $83.4
Buy level: Above $80
Stop loss: Below $60
TP1: $94.00
TP2: $115
TP3: $170
TP4: $260
Max Leverage 2x or spot
Always keep Stop loss
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