Aaveusdt
AAVEusdt 6H TA: Bullish Or Bearish?According to the chart, I determined the support and resistance areas and as long as the trend line is maintained, we expect the price to increase, but if the price closes below $90, a downward trend will be formed.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
AAVEUSDT |Coin Review| The uplink will be brokenHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
After the last forecast, the asset brought 44%, I think it’s not a bad result
Now the price continues to move in the ascending channel, when the upper limit of the channel is reached, we can take 50% of the profit
Of course, this is hard to believe, but most altcoins have now begun to shoot at 30-40%
Is there a chance for this coin to shoot? I think yes
AAVE bear flags, near resistance, and approaching an ATL!Im fairly new to utlizing fib retracement in my analysis, but ive been having fun learning! In the same respect, the new learning process has pushed me to begin publishing ideas. I hope this can serve to help others, while progressing my own studies as well (comments and criticism very welcome!!)
Now onto AAVE!
More recently, AAVE posted a nice big bear flag . As it hit resistance within this channel, the flag played out as expected. The price actually dropped fairly close to an All Time Low!! Not surprisingly, support in that final range held strong, and pushed AAVE into another steady upwards trend.
This trend resembles another bear flag in the making. And as AAVE begins to approach the same resistance that pushed it back once before; I predict we could see a similar scenario play itself out. (perhaps even bringing AAVE closer to its ATL!!)
ill be keeping an eye on that resistance level to see how she reacts. A break upwards, a healthy pullback/retest, and a nice strong pump is what id like to see!!
As usual, my bearish sentiment stays stronger in lieu of market conditions and macroeconomic factors.. If this doesnt break through, we could potentially see a dip down closer to AAVE's ATL (i would be taking a long position at this point..)
That being said, we could very well break through this resistance level . ALT's have been quite dominant, and with a possible rally around the corner; anything is possible.
Personally, i dont believe geopolitical and macroeconomic situations have improved enough to warrant a major rally, so I expect more downside. Mind you, ill welcome the relief rally when it hits and ill be here celebrating with the rest of you!!
Good luck everyone,
#AAVE Surges 130% from 2022 Lows, Prices May Retest $120Past Performance of Aave
Despite price stagnation yesterday, buyers remain in control. AAVE has more than doubled, rising from 2022 pits in the past two months. As of August 12, the token is roughly up 130 percent from June 2022 lows and capped within a rising channel. Per the formation in the daily chart, there could be entries on every retracement within the wide-ranging bull bar of August 10 that anchors the current price action.
#Aave Technical Analysis
The 11-day, $10 consolidation between July 29 and August 9 proved to be an accumulation following the eruption higher above the $110 resistance on August 10. While prices consolidated on August 11 in lower time frames, buyers are currently in control as per the formation in the daily chart. From volume analysis, AAVE is bullish above $90 and the middle BB. Any drop within the August 10 bar may offer an opportunity for aggressive buyers to buy. However, conservative traders may wait for prices to float to new H2 2022 highs above $115 to load the dips. The immediate target is at $120, a retest of Q1 2022 lows.
What to Expect from #AAVE?
Traders are confident, and AAVE could be in for even more gains ahead should prices break $115 in the next few trading sessions. At spot rates, support is marked at $90 and the middle BB.
Resistance level to watch out for: $115
Support level to watch out for: $90
Disclaimer: Opinions expressed are not investment advice. Do your research.
AAVE/USDT: Bullish reversal underway - out performer---- Mid-term Analysis for the next coming 4 weeks to 3 months - Based on Daily Chart -------
AAVE/USDT: Bullish reversal underway - strong outperformer
Context
- The Global Crypto market leads by BTC and ETH reversed a new bullish trend - AAVE is one of the coin which outperform ETH at the moment
- We are watching at 130 to bypassed to extend the bullish recovery in progress
- Watch 70 as key support
Market configuration
- Graphical Elements :
Graphical support = 70 & 46
Graphical Resistance = 130 / 175 / 580
- Mathematical Indicators:
EMA ( Exp Moving averages) are support at 89 = Bullish
RSI indicator (below) is now above 50% with room to the upside = Bullish
- Elliot & Harmonic Wave (Fibonacci):
A last drop to draw the wave (c) B is now completed - the market is now bouncing off in recovery
Fibonacci resistance of the wave = 130
Fibonacci bullish wave target at 175
Fibonacci bullish wave support at 70
Fibonacci bearish wave target at 46
Conclusion
Prefered case => As long as 70 remains support a larger recovery towards 130 is expected with strong conviction, only a break above 130 will open a direct recovery potential towards 175 and the previous top
Alternative case => Breaking 70 a new bearish attack towards 46 will occur
Update: AAVE and the $100 - comparison of 2020/21 and 2022AAVE and the $100 - comparison of 2020/21 and 2022
End of 2020 / beginning 2021 AAVE broke $100 after some daily rejections before - MA Ribbon was green at that time
Beginning May this cryptocurrency fell through this important mark and the two breaks through $100 were fakeouts - MA Ribbon was red at that time
Yesterday we had a beautiful breakout above $100 - MA Ribbon is green !!!
Today and the next couple days will decide if fakeout or real breakout
What do you think dear Crypto Nation? Love to read your comments
*not financial advice
do your own research before investing
Aave (AAVE) - August 11Hello?
Welcome, traders.
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Have a good day.
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(AAVEUSDT 1D Chart)
Whether the price can be maintained above 81.3 is the key.
This is because 81.3 or lower is likely to be a mid- to long-term investment area.
If it rises above 124.5, it is likely to move higher.
The 178.0-228.0 section is a trend-determining section, and attempts to ascend to this section are expected.
Therefore, in order to continue the uptrend, it is important to gain support above 124.5.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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AAVE- 137$ Or Higher (Reuters) - Wall Street's main indexes rose more than 1% on Wednesday after data showing a slower-than-expected rise in inflation in July prompted traders to cut their bets on a third straight 75-basis-point interest rate hike in September.
U.S. consumer prices did not rise in July compared with June, marking the slowest monthly inflation in more than two years, as fuel prices dropped.
The market is now pricing in a 37.5% chance of a 75-basis-point increase in fund rates at the U.S. Federal Reserve's next meeting in September, compared with 67.5% before the data.
All the 11 major S&P 500 sectors advanced in early trading, with consumer discretionary, information technology and communication services gaining between 1.7% and 2.6%.
"The sign of slowing in the rate of inflation offers hope the Fed's rate increases won't need to go as far as previously thought," said Mike Owens, global sales trader at Saxo Markets.
Markets rise, Bitcoin and good Alts follow.
AAVE is Professor's favorite Defi: off to 135-137$ should be happening next.
Support at 110$ and a bit lower at the end of ascending channel.
One Love,
the FXPROFESSOR
AAVEUSDT | Will The Price Drop Again?AAVEUSDT | Will The Price Drop Again?
After the price increased for some days and it reached a new high close to 109.20
we can see that it completed a very nice "Wedge Pattern"
Actually, the price is breaking down of the pattern and it looks like it can decrease more.
The chances are very high that we can see the price to test 88.60 very soon
Targets:
🎯 88.60
🎯 78.12
Thank you and Good Luck!
AAVE and the $100 - comparison of 2020/21 and 2022AAVE and the $100 - comparison of 2020/21 and 2022
End of 2020 / beginning 2021 AAVE broke $100 after some daily rejections before - MA Ribbon was green at that time
Beginning May this cryptocurrency fell through this important mark and the two breaks through $100 were fakeouts - MA Ribbon was red at that time
Today the next trial is running - MA Ribbon is green !!!
What do you think dear Crypto Nation? Love to read your comments.
*not financial advice
do your own research before investing
AAVEUSDT: Wedge & Growth OpportunitiesAn excellent medium-term trading plan on AAVE.
The prolonged downward correction in wave B seems to be over.
At the moment the price has formed a strong upward impulse in the form of a wedge pattern for 1 wave.
Locally, the price is correcting in the assumed wave B (in wave 2).
I plan to open a short position at the completion of wave B in order to win back the decline in wave C (in wave 2); the profit-taking target is 75.
At the completion of wave C (in wave 2), I will close the short position and open a long position, with the goal of taking profits at a minimum of $300.
Good luck to you)
Aave ,(AAVE/USDT analysis) 📈📉Hello Crypto community Welcome to this introduction for another crypto project.🚀
🔹Rank #42,/ kind : Token \\ max Supply: 16,000,000/// Circulating Supply:13,979,630.30 AAVE (87%) ====> Great✅
Market Cap:$1,358,911,998\\ Fully Diluted Market Cap : $1,555,450,613===> Great ✅
Total Value Locked ( TVL ) :$5,167,524,452\\\ Market Cap / TVL Ratio:0.2631 ===> Great ✅
🔰What Is Aave (AAVE)?
Aave ( LIQUIDITY PROTOCOL) is a decentralized finance protocol that allows people to lend and borrow crypto.
Lenders earn interest by depositing digital assets into specially created liquidity pools.
Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.
Coinmarketcap-aave.com
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📊Technical
As you can see on the WEEKLY timeframe for AAVE/USDT ,since May 2021 that MKR recorded an ATH about $668 , it has been declining and has lost more than 85% of it worth untill now ,and It's already trading on the pivot zone , also recently revealed several positive divergences that caused the price to rise more , but we can also see an OBV divergences as a hidden negative divergences in current candle ,thus if want to rise more ,it should be able to maintain the current pivot zone , to reach the higher R zone or may after breakout the upper trendline , even see the anchored VWAP line .
but otherwise if weekly candle closes below the current Pivot zone ,it may fall again on the lower DEMAND zone to start a new rally at there .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
AAVE/USDT - Potential Short ScenarioHello Traders!
AAVE continues to move within the descending trend completing the falling phase.
It is possible to assume that correction to the basic movement to gather liquidity near the $104 is finished. Thus further, it is possible to expect a continuation of descending pricing.
The set of medium-term purchases can be started in parts in the price range of $30 - $54 after the price leaves under the support level of $54.
Targets of such purchases will be price levels of $104 and $164
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice