Aaveusd
AAVEUSDT on daily support, long favorable towards 72.9We talked about this one going down to the daily support and potentially aim for the weekly support in coming days. That does not mean that a bounce shall not be expected from the daily support. The price has touched the daily support and I expect a bounce here towards 4h resistance 4HR1. This provides an opportunity for a long trade. The target of this trade should be close to 4h resistance zone 4HR1 which is around 72.9.
AAVEUSDT at monthly resistance, retrace to weekly support likelyThe price hit the confluence of monthly and weekly resistance. This resistance is definitely strong one and usually will not give the way so easy in the first attempt. We see that the price got rejected from this resistance and landed on the daily support for a bounce towards that resistance again. The price is pulling back again from there and heading towards daily support. The probability of this daily support holding the price for long is not that high and I expect that the price will head towards weekly support WS1. We shall observe a good bounce in case price reaches there. WS2 is the weekly support level which marked the low of june 2022, dec 2022 and june 2023. That support has provided very good price bounce/reversal although with diminishing returns on subsequent bounces/reversals. Anyways that support is far away and just for explanation purpose I have added so that in case in the future if price reaches there, it would be again a good long opportunity. But for the time being, I expect the price to reach WS1 level and bounce from there.
AAVEUSD Validated buy signal aiming at 95.000.AAVEUSD has closed two 1D candles over the Channel Down pattern of February and has validated a new rally on the 1D timeframe which is on very healthy bullish technicals (RSI = 68.966, MACD = 3.550, ADX = 52.986).
As long as the 1D MA200 is turned into Support, we will be bullish targeting the R2 (TP = 95.000).
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Not financial advice, you do you
Looking for a potential move down here but a flip of the 66.92 level would be ideal for the bulls.
AAVE idea sharingAAVE is showing a large triangle convergence pattern on the 1D chart. The price has formed a double top pattern after the latest test of the resistance trend line, and the overall trend is still bearish.
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But looking at the four-hour chart:
The price broke through and closed above the neckline of the double top at 73.45, and a inverse H&S pattern appeared. Pay attention to the target price above:
76.79
77.54
78.29
80.71
83.50
84.63
Stop loss: 70.11
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$aave 3D ideas aave 3d looks pretty decent here. long consolidation after a local high back in early feb. much earlier than everything else.
we think we need to wait and see if we can flip that poc ~$97.
3d rsi appears to be flipping eq back to bullish.
what concerns me here is both bitcoin and eth are approaching significant resistance zones.
will be keeping an eye on this one.
setting alert on $97 for now.
AAVE price is preparing something interesting for his fans?)It looks like buyers are trying to keep the AAVE price from going into a deep correction.
For this assumption to be confirmed, buyers need to prevent the AAVEUSDT price from falling below $67-70 in the near future.
If this condition meets, there will be a good potential for the AAVEUSD price to rise.
The medium-term target is $125-130
Long-term target - $240-300
If you are interested in this coin, then write about it in the comments, and we will review it more often and publish ideas.
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✅TS ❕ AAVEUSD: head and shoulders✅✅ AAVE held the support level.
The chart has formed a reversal pattern after a correction
We expect growth in the price of the asset. ✅
🚀 BUY scenario: long to 82.6. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
✅TS ❕ AAVEUSD: downtrend✅✅ AAVE price bounced down from the resistance area.
The asset is moving in a downtrend.
I expect the fall to continue. ✅
🚀 SELL scenario: short to 67. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments