Aaveusdt
AAVE vs Tether Breakout Point... Can Be Anything...Here we have AAVEUSDT on a very tricky spot.
It just came out of a descending channel and is trading above EMA21/EMA10 with a strong RSI... But there is no volume...
I just shared a chart for TOTAL and BTCUSD with some early bullish signals developing...
If the bulls follow up, we can also see AAVEUSDT/AAVEBTC grow.
But if there is no follow up, this pair and all others are likely to move lower rather than up.
Here we also have prices trading above the 0.618 Fib. retracement level for the last bullish wave.
But there is no way to predict what will happen next.
Trading is very easy though...
We buy with a very tight stop-loss...
LOW RISK, WITH HIGH POTENTIAL FOR REWARDS.
This is not financial advice.
Namaste.
AAVEUSDT H16: BEST Level to BUY/HOLD 100%(SL/TP)(NEW)Why get subbed to me on Tradingview?
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AAVEUSDT H16: BEST Level to BUY/HOLD 100%(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: AAVEUSDT 16hours//candle chart review
::: strong bullish chart overall
::: trading inside range / accumulation process
::: rejection likely from mid range / pullback
::: BUY low from 190 USD later TP 410 USD
::: recommend to focus on buying range LOWS
::: I don't think that we are ready to MOON yet
::: accumulation in progress / more time required
::: best trades near range lows for BULLS
::: it's a strong prior bull market so can
::: however KEEP A TIGHT STOP LOSS
::: BULLS get ready to BUY after pullback
::: TP bulls is 100% gains BUY/HOLD SETUP
::: AAVE will re-test range highs near 410 USD
::: patience required next few weeks
::: BEST reload BULLS is 190/200 USD
::: as we are getting ready for a move now
::: final TP BULLS is 410 USD
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/BUY PULLBACK
::: Sentiment short-term: BEARS/PULLBACK ONLY
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
$AAVEUSD | Model Predicts New HighsHello Traders,
The targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart. The support zone is also defined by the model. A break of the support zone nullifies this set up.
Look at related Idea for a broader picture.
AAVE Long at $200 The use of the pitchfork, FIB retracement tool, and Phoenix Ascending indicator suggest $200 as a reasonable long entry and $229 as a reasonable take profit target.
The red dotted line indicates the possible trajectory of the red stochastic relative strength index (sRSI). The black dotted line indicates the possible trajectory of the AAVE price.
This is not financial advice. I am not your financial advisor. This is my opinion.
AAVEUSDT Correction ?AAVE was a successful trade that I personally took .
By looking at the chart and the FIB level it touched , I will be expecting a retracement or a small correction in order for it continue going up . Just keep in mind , that in case AAVE decouples from the general crypto market like it had done in the past , it could just keep going up .
In my opinion , I am in favor of having a retracement before going further up around $188 or even $175 which was the downtrend breakout .
In addition , is also important to note that a violent breakout of BTC to the upside or a retracement could just move AAVE and other ALTS violently up or down , at this point I believe everyone needs to be cautious .
By saying this personally I would be waiting for AAVE to break this level and test it as support before re entering a position or waiting for the retracement and longing or buying spot at the local bottom after the correction .
AAVE - Take entry with these targetsBYBIT:AAVEUSDT
1H trend chart
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AAVE is converging in a descending tunnel.
It is going to break out the downtrend line right now, so we can take entry with good rr ration here.
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Profit Targets:
a) 261.5----Fib(1)
b) 277.25~283.65----Fib(1.272~1.382)
c) 297.3----Fib(1.618)
d) 319.45----Fib(2)
Stop losses:
a) 231.45-----Red horizontal ray
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AAVE/USDT Falling Wedge Breakout - Nice Bullish MomentumAAVE/USDT after breaking the Falling Wedge Pattern showing Nice Bullish Momentum.
We have already took our first entry and ready to open second long position.
NOTE:
1. Spot trading only
2. Do your own analysis
3. Take very low risk
4. Do proper risk and money management
5. I will not be responsible for any loss or profit
Entry: 177.9
TP1: 193.0
TP2: 223.8
TP3: 260.3
TP4: 295.6
Medium Term Target: 316.0
SL: 164.2
Risk: 7%
ROI: 60% - 65%
AAVE at next sell-off ??AAVE at next sell-off ??
December 27th 2021 we had 30.08% in profit - that was the last local high.
Today 31.88% are in profit - will we see profit taking soon?
What do you think?
On-chain data by @intotheblock
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing