AAVEUSDT - Could Easily +200% 🚀Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
A quick look at AAVE / AAVEUSDT in this short video analysis.
From these examples, we can see that this altcoin is no stranger to parabolic mid-cycle moves:
It's important to note that even though the technical indicators Phoenix Ascending together with Fibonacci Retracement Bollinger Bands seem very bullish , it's not usually a straight line up. This progress is followed by some corrections and pullbacks during a bull market.
Other Crypto Markets :
💥 Overall, most crypto remains in a tight range between local support and resistance zones
💥 Bitcoin BTC reclaims $20500 resistance zone
💥 Ethereum ETHUSDT reclaims $1200 as it follows BTCUSDT up
💥 Cardano ADAUSDT trades lower, moves back towards .40c support zone
💥 DOTUSDT Polkadot looks ready to try $7 resistance zone
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Aaveusd
AAVEUSDT 1D Buyers are trying to break the downward trendToday, the trading pair AAVEUSDT is on review
From May 2021, when the price of AAVE recorded its maximum of 668 dollars, a downward trend began, which has been going on for more than a year.
In the last trading month, AAVEUSD buyers have been trying to break the downward trend. The struggle between buyers and sellers began on increased trading volumes, and the rebound from the bottom was +80% at that moment.
But there is still a lot of work, because only in the downward channel the range of price movement is 250%
In the coming days, we allow the possibility of continued growth to $89-95 , and possibly even to 115dollars per AAVE.
At these price levels, sellers should become more active in the future in order to force buyers to fight for the middle of the downtrend channel and show who currently has more strength and capital.
Well, depending on the results of this battle, the blue or red price route will be activated, you just have to watch carefully.
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AAVE - Falling wedge is breaking out! + Complete Elliott Wave
AAVE is ready for a new bull market!
On the macro scale, we can see a falling wedge pattern that is currently breaking out.
As per my Elliott wave technical analysis, the ABC correction has been completed and because of that we can expect a new Impulse wave.
Good news is that the price has been supported by 0.786 FIB + yellow trendline.
We didn't make a new low on the macro scale, so there is a great chance for a new bull market!
If we take a look at the RSI indicator - we can spot a bullish divergence, always nice to see in the end of the downtrend.
Next target is ofcourse previous all time high from 2021.
I see a lot of altcoins probably bottomed out, so next weeks / months can be finally bullish.
Look at my ideas about interesting altcoins in the related section down below ↓
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AAVE SHORT 4HAave is printing a Bearish Gartley and is at the top of a Bear Flag. Good Short with a Stop Loss above 90.
This pattern you should recognise very clearly - it's the pattern Bitcoin and Ethereum made back in December - January during the giant Daily Bear Flag. Remember the pump to 48k?
Good luck.
AAVEUSD ❕ under the strong resistanceAAVE trades between liquidity levels.
The price went down after it failed to overcome strong resistance.
TD Sequential is an upward reversal signal on a 1-hour timeframe.
I expect the price to go down in search of liquidity, but before that it needs to gain a fixes under the resistance level.
AAVEUSD Testing the 1D MA50. Potential Buy Signal.Aave (AAVEUSD) has been trading within a Channel Down pattern since the October 29 2021 High. Right now the price is approaching the 1D MA50 (blue trend-line) after the June 18 Lower Low. It has been trading below the 1D MA50 since April 28 and the last time it broke after a Lower Low was on March 17.
That was a break-out buy signal and the structure seems very similar with the current one. Notice how that break-out buy signal coincided with the RSI breaking above its Symmetrical Resistance. As a result we are waiting for a clear break on both in order to engage with a buy position. The clear target is the 1D MA200 (orange trend-line), which was hit both on the March 2022 and the December 2021 Lower Highs but we can extend that to just below the 0.786 Fibonacci retracement level, which was almost reached during both these Highs. Best though would be to pursue this higher target if the 0.5 Fib breaks.
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AAVEUSD ❕ token ahead of the DeFi segmentAAVE is moving in an upward channel within the liquidity zone.
Token showed sharp growth similar to many coins of the DeFi segment, but did it faster than others.
Volatility has declined.
Trading volumes show no interest in price declines.
The price broke through the upside of the 100MA (4H TF)
Main MAs are bullish (1H TF)
I expect that the price may retest the support level, but after fixing above it will continue to grow.
$DEFI is toast: nice short...I think we are likely to see a massive move down in DeFi names, the contract issued by FTX is a nice way of riding the eventual move down, which can be magnified if we get some large protocol issue, or some unexpected black swan event causing a cascading decline of epic size as a gigantic levered bubble bursts. It is likely the best short in crypto, to profit from the bear market we are in.
Best of luck if going short.
Cheers,
Ivan Labrie.
Aave formed huge bullish Gartley for upto 849% massive rallyHi dear friends, hope you are well and welcome to the new trade setup of Aave token.
On a monthly time frame, AAVE has formed a huge bullish Gartley pattern for big reversal move:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Aave (AAVE) - May 25hello?
Traders, welcome.
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Have a nice day.
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(AAVEUSDT 1W Chart)
From a mid- to long-term perspective, it needs to rise above 163.8 to continue the uptrend.
(1D chart)
(buy)
- After confirming the support in 115.2
(Stop Loss)
- When it falls below 96.6 and receives resistance
- When it falls below 81.3
(Sell)
- When receiving resistance in the 146.9-163.8 section
- When receiving resistance near 208.1
A full-fledged uptrend is expected to begin when it rises above 208.1.
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(AAVEBTC 1W chart)
Strong support: 0.002157-0.002829 range
Below 0.002157 is likely to enter the mid- to long-term investment area.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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AAVEUSDT TREND LINE ANALYSISHi, everyone here.
We are a team that specializes in chart analysis.
We'll be your guide
I hope it helps you a lot
Thank you.
All of the highly reliable upward trends are broken.
Candles are located in a sharp downward trend, so it is difficult to determine whether they will go down further or rebound.
The buying RBI is when it crosses the white downward trend while riding the yellow upward trend.
Further gains should rise above the sharp green upward trend.
There are many sales stands concentrated around 85.3.