Aaveusdt
aave w5 swing~hello there, hope everyone is enjoying this pulchritudinous weekend ~
was scanning through some alts today as usual, looking for the next swing (not many recently due to things looking toppish)
found 3 swings which might be worth taking \\ bch, shib, and aave.
(not taking any of these trades just yet, but i might in the days ahead)
aave wave 5 target = $1200
ps. this is a longer term swing, it could take awhile to play out - don't expect this move to happen overnight.
Aave (AAVE) - November 15Hello?
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(AAVEUSD 1W Chart) - Medium to Long-Term Perspective
Above 101.345455 point: expected to continue uptrend
(1D chart)
First resistance section: 419.933-472.221304
Second resistance section: near 629.086220 point
Support section: 158.491471-210.779774
To break out of the downtrend line, we need to see if we can sustain the price above the 315.356387 point.
A decline from the 278.418499 point may lead to a fall into the support zone, so trade cautiously.
The 300.459751-382.934264 section is a section for sale that is formed in the high point section.
Therefore, you should maintain the price in this area and break out of the downtrend line.
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(AAVEBTC 1W chart)
Above the 0.002157-0.002829 section: expected to continue uptrend
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it is not publicly available, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the 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 3H Chart
Price was consolidating between the support at $300 and the resistance at $350. MACD is showing bearish weakness, RSI is sold and price is trading below EMA ribbon. Huge liquidity was resting below the support which price took out recently liquidating all long positions from this area also leaving a freshly printed supply zone and an imbalance. Liquidity is still resting above the resistance at $350 meaning the supply zone will most probably not hold as much and we should see bullish movements sooner or later.
AAVE Looks Very GoodIf you look at the channel I draw the first thing you will notice is the price is in the lowest part of the channel and as you are aware the daily view is a very powerful view, in candlestick view, we can see hammer candles that show us the power of bulls and I think at least we are going to touch the mid of the channel in this bull market, Specially if BTC and BTC.D do not mess things up ;D
AAVE - 12th Nov breakout prediction (AAVEUSDT)Giving date for a breakout has never been easy.
It is a clear triangle breakout on higher time frames for AAVEUSDT. This weekly chart triangle scaled down to 3Day chart shows that there is a possible breakout that can happen on 12th NOv.
I will start writing how to trade section so that readers can plan their trades accordingly.
How to trade this?
Let the breakout happen on 12th Nov, check Falcon CCI and look for buy signal - when golden color CCI crosses red color EMA.
Wait for Retest to happen on 1H pivot level marked
This is easy 40%++