Aaveusdt
aave usdtLooks to me like the correction is starting we will be going down to the 162-158 area again. Divergence on mac d 4 hours been on for a while we got a cross down on 1mij 3min and 5 waiting for the 1 hour.
I closed longs at 172 going for short today, keep your risk low 2.5% you’ll be safe
5min chart
Bearish cross 9,13 down through the 20
Ema 9,13,20 pointing down
UPDATE ON AAVE SHORT.AAVE did drop in price to the zone i expected it to drop too.
However, I closed the trade early in small profits from the first initial drop attempt by AAVE.
I closed it in small profit because of the long wick candle i saw it produce after its drop attempt, I feel it will reverse from there.
My perception was right, it did reverse from there and went up to take out the previous high.
But it later dropped massively back into that zone I projected it to drop to in my previous analysis.
AAVEUSDT SETUPAAVEUSDT price has successfully posted a breakout in a shorter timeframe and now the price trying to retain this move. We are expecting some consolidation followed by a retest so we can create a clear bias. Bulls need to retain the white line and move around. Let's see how the price action develops in the upcoming session.
Trading opportunity in AAVEUSDT- Symmetrical Triangle PatternBased on technical factors (Symmetrical Triangle Pattern) there is a long position in :
📊 AAVEUSDT
🔵 Long Now 164.6
🧯 Stop loss 144.0
🏹 Target 1 179.0
🏹 Target 2 192.0
🏹 Target 3 215.0
💸Capital : 1%
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AAVEUSDT - Flag/Pennant PatternAAVEUSDT (4h Chart) Technical analysis
AAVEUSDT (4h Chart) Currently trading at $161
Buy level: Above $160
Stop loss: Below $149
Target 1: $166
Target 2: $172
Target 3: $189
Target 4: $200
Max Leverage 3x
Always keep Stop loss
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AAVE - Good timing to take entryBYBIT:AAVEUSDT
4H trend chart
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AAVE is forming a potential cup and handle on 4H.
if price can take out the downtrend line, we can buy it under the trading strategy which has good reward/risk ratio.
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Profit Targets:
a) 165.5----Fib(1)
b) 179.5~181.15----Fib(1.272~1.382)
c) 191.25----Fib(1.5)
Stop losses:
a) 149.3-----Red horizontal ray
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Update: AAVE with possible W-shape pattern - target $200AAVE with possible W-shape pattern - target $200
Therefore a break above $150 with conformation might occur right now!
What do you think?
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*not financial advice
do your own research before investing
AAVE on ResistanceAccording to the chart, the important support area is broken and the resistance point of the trend line and the static price resistance are formed, which we predict will need more correction in terms of time in case of inability to break this area. Upon failure of this range, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark