Aaveusd
Mean Reversion trades on AAVE Mean Reversion is the simple strategy of price moving 'too' far away from its averages and potentially requiring a reversion before either continuation or ideally total reversal
Aave has been offering some beautiful mean reversion entries for us recently even to the point of essentially two sigma. Both the buyzone meanmove right to the sellzone meanmove. That is not usually the case to capture both in consecutive order but of course happy to see it happening to aave and a few others we are routing.
The strategy is based more so around the reversion to mean(s) rather than the total reversal
Is nice when able to capture the total reversal one peak to the next but the strategy is focused primarily on alerting once candle is 'too' far away from mean and then riding it to touching mean (even if just for a moment). These are usually short held positions rather than multi day long swing trades.
Good to focus on largecap even more so largecap 'monopolies'
Increasing interest in the monopolies in the crypto space as everything has taken a hit due to liquidity consolidating into either US yields or US dollar or even within the crypto space consolidating into ethereum away from nameless countless junk tokens.
These alerts are currently set up for just largecap as the volatility in smallcap can create a ton of risk to this strategy as volume is needed as confirmation of previous prices to revert to. I do also think monopolies will lead + be safer in macro retraces in bull market or macro reversion to mean even if just to tap 9ema on weekly before continuing bull moves.
Bulls and Bears Eye the PrizeAs of October 5, 2023, AAVE has been tracing an ascending trendline, marking a battleground between a support level of $65.60 and a resistance level of $72.87. Despite the bullish attempts to shatter this range, market forces reeled them back, causing AAVE to momentarily falter and dip below the support. However, with a resilient rebound, AAVE clawed back into the range, setting sights on a robust charge towards the resistance. The market sentiment, mirrored in the bullish convergence on the MACD, fuels the optimism, signaling a significant price action lurking on the horizon. The narrative may unfold with AAVE retesting the resistance of $72.87, and a triumphant breach here could catapult it towards a higher resistance at $75.72. On the flip side, a stumble could usher the bears into the fray, threatening a trend reversal. If the price fails to anchor above the support of $65.60, a tumble to the lower support of $62.53 could ensue, altering the market trajectory. Amidst a meme-coin market ripe with anticipation, AAVE's journey epitomizes the volatile yet hopeful saga of the crypto realm.
AAVEUSD Strong rise but still not bullish long-term.Aave (AAVEUSD) is having a strong bullish sequence since the September 11 Low on Support Zone 1. Both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) are Supports now. However, it remains inside the 1.5 year long Triangle pattern and is approaching its top (Lower Highs trend-line). This suggests that the most optimal sell entry is approaching.
The previous Lower High was priced right when the price hit the 0.618 Fibonacci retracement level. The one before a little below the 0.786 Fib. Now we are approaching the 0.5 Fib so the zone between that and the Lower Highs, is the most optimal sell entry. The 1D RSI is actually printing the peak pattern of that July Lower High.
Sell and hold as long as 1D closes candles under the Lower Highs trend-line and target the 1D MA50 at 64.000. If a 1D candle closes above the 0.618 Fibonacci, buy and target 95.000 (a little below the 0.786 Fib and potential contact spot with the 1W MA100 (red trend-line) which is the long-term Cyclical Resistance).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Will AAVE extend the recovery?AAVE has reclaimed a previously invalidated daily bullish order block of $66.45 - $70.70 (red) and a support zone in July. The move could present extra gains to bulls if it’s defended.
Entry: $69
Take-profit: $75
Exit: $66.15
RR: 2
A drop below the July support will invalidate the bullish bias.
AAVE cryptocurrency - LONG trade. #15Hello colleagues!
We continue to publish our potential trades and today we have a potential short-term speculation.
The AAVE cryptocurrency is holding up very well on the local drop in Bitcoin and the medium-term upward trend for AAVE is not over yet:
As we can see on the 6-hour timeframe , the AAVE price has reached an important range from which a global correction may begin. But for now, we are interested in speculation on the 30-minute timeframe.
The key liquid zone for the local growth of the AAVE price is the range of $62.25-62.75. If the AAVE price falls below this liquid zone, a lot of buyer stop orders that are hidden behind each local low may be triggered:
If this happens, it will be logical to buy AAVE at $56-57 at the earliest.
Therefore, our local trade will have a fairly short stop loss, which, in our opinion, is quite fair.
AAVE short-term long
Enter = $62.25-62.75
Stop = 61.792 (- 1.01%)
TP1 = 64.10 (+2.71%)
TP2 = 65.08 (+ 4.31%)
P/L ratio = 4.26
P.S. We have also shown a potential short position on the chart. However, we do not place limit orders, as buyers can easily update local highs and only then start a correction:
We need to watch and make a decision at the moment of the $65 retest.
What do you think, will the trade work out? Write in the comments and we will check how many people were right!
AAVEUSD In the middle of an aggressive rally. Still time to buy.AAVEUSD is testing the MA200 (1d) after a rebound on Support Zone (1).
If broken, this rally will most likely be extended to the Falling Resistance Zone, as the prior two did.
Trading Plan:
1. Buy either on a pull back to the MA50 (1d) or if the price crosses over the MA200 (1d) first.
Targets:
1. 83.000 (a little under the Falling Resistance Zone).
Tips:
1. The MACD (1d) reveals on what part of the previous rallies we are currently at. The symmetry is strong indicating that this is indeed a rally that has just started.
Please like, follow and comment!!
AAVE short setup After the breaking of dynamic resistance and formation of bullish CH, this symbol has moved up. It is now close to an order block. This block order is fresh and unused. You can look for sell/short positions in the red box.
I specified the targets. When we reach the first target, save some profit and then change the stop to entry
I specified the invalidation level, closing a 4-Hour candle above this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Area to break upward: 64.256-65.37Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(AAVEUSDT chart)
The key is whether the price can be maintained by rising above the 64.256-65.37 range.
The 64.256 point corresponds to the volume profile section of the 1W chart.
(1D chart)
I don't see any major support or resistance points.
Accordingly, if it rises above 85.7 among the currently formed support and resistance points, it is expected to show a full-fledged upward trend.
The HA-Low indicator and the MS-Signal indicator are rising and are showing signs of continuing to rise further.
Accordingly, if the price remains above 58.35, it is expected to lead to a move above 75.22.
What is important is whether it can break upward through the 64.256-65.37 range mentioned before on the 1W chart and 1M chart.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
AAVE next support zonesDear all,
I would like to draw your attention to the current state of AAVE. In daily trading, AAVE has broken its main pivot, indicating that it may reach around $50 in the coming weeks. I recommend exercising caution and waiting until it reaches the support zone before making any investment decisions. This will provide an opportunity to enter the market at a lower price and potentially yield a profitable return.
Thank you for your attention