Aaveusdt
#AAVE gaining volume#AAVE USDT. In this bullish Alt Season money big crypto names are sleeping and AAVE is just one of them. Few days back its volume was very low. Now it start showing few bullish trend i) accumulating volume and ii) Forming triple bottom. Now coming days are very important and good sign. I think its time for AAVE to wake up and shake the market with bullish momentum. Its good time to buy AAVE and enjoy bull season. Different target price can be seen from Fib retracement. Fib is very good indicator I like most.
The idea is for just study purpose and not a financial advise . Please do your own homework and research to take financial risk for gain and lost. Don't forget to like, comment and share this idea with other.
Aave haave potenialI would like to see another re-test of the $345 support, as you will observe, all lines in the structure have been tested 3 times with the exception of this support.
Usually third time is the charm, so if this holds, I expect price action to break the hypotenuse of the triangle.
If it doesn't hold, we buy the bottom resistance line, in which cases the targets change slightly.
Either way, look for buys in the buy-zone.
Then look to fill the rest of your bags on the re-test.
First price target is around $500. but the final target will be almost 60% higher than the current price.
What do you think of Aaves place in the lending / banking / yield farming arena?
Let me know in the comments.
AAVE.USD (Y21.P1.E3).Stalking or accumulatingHi Traders
I have adjusted my thinking on Aave just a little from the previous post.
Since it has potentially some time, I will take funds from others when they are at a level that makes sense and bring that back into Aave., Hopefully well timed.
A FRACTAL to be likely the same moving forward
All the best,
S.SAri
AAVEUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price reacted to the support level that was drawn and started to move upwards. If the price in Kendall tomorrow can keep itself above that line, it can be said that the rise of this currency will start for higher targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
AAVEUSDT (AAVE) - BUY ENTRY ANALYSIS 🔎
- AAVEUSDT was bounded in the descending triangle (DT) pattern.
- Price brokeout above the descending triangle's inclined resistance.
- This is a bullish signal.
- The market hit a swing high and retraced.
- Price is retesting the descending triangle's inclined resistance and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
-There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance ( DTR ).
- A breakout above this descending trendline resistance could be a bullish signal.
BUY ENTRY ⬆️
- Conservative entry : breakout above the descending trendline resistance.
- Aggressive entry : current market price.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.