AAVE/USDT - Aave: BBand_Breakout◳◱ A Bollinger Band breakout has been identified on the EURONEXT:AAVE / CRYPTOCAP:USDT chart, as the price has breached the upper Bollinger Band. This occurrence suggests the emergence of a potential bullish trend. Noteworthy resistance levels can be observed at 86.16 | 93.05 | 112.49, while significant support zones are located at 66.72 | 54.17 | 34.73. It is advisable to contemplate initiating a buy position within the present price range of 84.96 with the objective of attaining higher price levels.
◰◲ General info :
▣ Name: Aave
▣ Rank: 41
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Financial - Lending
▣ Overview: Aave is an open-source and non-custodial protocol to earn interest on deposits and borrow assets with a variable or stable interest rate. It also enables ultra-short duration, uncollateralized flash loans designed to be integrated into other products and services.
◰◲ Technical Metrics :
▣ Mrkt Price: 84.96 ₮
▣ 24HVol: 44,568,182.494 ₮
▣ 24H Chng: 12.979%
▣ 7-Days Chng: 29.84%
▣ 1-Month Chng: 33.62%
▣ 3-Months Chng: 20.01%
◲◰ Pivot Points - Levels :
◥ Resistance: 86.16 | 93.05 | 112.49
◢ Support: 66.72 | 54.17 | 34.73
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 3.65
▣ Last 90D: 0.55
▣ Last 1-Y: 0.22
▣ Last 3-Y: 0.80
◲◰ Volatility :
▣ Last 30D: 0.65
▣ Last 90D: 0.58
▣ Last 1-Y: 0.79
▣ Last 3-Y: 1.22
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.62 - Bullish
▣ Reddit sentiment score is 0.62 - Bullish
▣ In-depth AAVEUSDT technical analysis on Tradingview TA page
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Aaveusdt
AAVE/USDT In the Cruzial Zone, AAVE Will Break or Down ??💎 AAVE is undeniably on our radar. Currently, it's navigating within a prominent descending channel. Interestingly, within this framework, AAVE is also moving in an ascending channel on an hourly basis.
💎 A critical juncture awaits as AAVE approaches the resistance of both these channels. A successful breach here could catapult AAVE towards the Supply and Bearish OB zones, signaling a robust bullish momentum.
💎 However, if AAVE struggles to surpass this resistance and breaks the ascending channel's support, we might see it gravitate towards the Bullish OB zone. This area is pivotal; a bounce here could see AAVE attempting to challenge the resistance again. Conversely, a breach could send it spiraling down to the robust demand zone.
💎 This demand zone has historically been a fortress for AAVE, consistently repelling any downward attempts. Its resilience makes it a significant barrier against further declines for AAVE.
AAVE/USDT has an Exciting Bull Run | What's Next for AAVE? 💎Yello Paradisers! shift your gaze to AAVEUSDT! It's currently positioned within a strategic trading zone, hinting at a potential adjustment due to the looming supply zone above.
💎In recent times, Aave has been charting its course within this trading channel. There is a high probability that it's going for a correction. Importantly, it has consistently maintained a key resistance level at $88.05, facing rejections on two distinct occasions.
💎Yet, there's an additional supply zone ahead with an untouched OB. Should AAVE sustain its current momentum, it could very well approach this supply zone and then go for a correction.
💎Sharpen your trading strategies for Aave with ParadiseFamilyVIP. Delve deeper into our expert perspectives on AAVE and other potential coins, enhancing your crypto journey.
AAVE: Resistance BreakoutAAVE (AAVE) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern, price rallied 40% and has broken above 200-day moving average, which could signal bullish trend reversal to Uptrend. Upside potential to $80.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $50. The nearest Resistance Zone is $65, which it broke, then $80, and $95.
Mean Reversion trades on AAVE Mean Reversion is the simple strategy of price moving 'too' far away from its averages and potentially requiring a reversion before either continuation or ideally total reversal
Aave has been offering some beautiful mean reversion entries for us recently even to the point of essentially two sigma. Both the buyzone meanmove right to the sellzone meanmove. That is not usually the case to capture both in consecutive order but of course happy to see it happening to aave and a few others we are routing.
The strategy is based more so around the reversion to mean(s) rather than the total reversal
Is nice when able to capture the total reversal one peak to the next but the strategy is focused primarily on alerting once candle is 'too' far away from mean and then riding it to touching mean (even if just for a moment). These are usually short held positions rather than multi day long swing trades.
Good to focus on largecap even more so largecap 'monopolies'
Increasing interest in the monopolies in the crypto space as everything has taken a hit due to liquidity consolidating into either US yields or US dollar or even within the crypto space consolidating into ethereum away from nameless countless junk tokens.
These alerts are currently set up for just largecap as the volatility in smallcap can create a ton of risk to this strategy as volume is needed as confirmation of previous prices to revert to. I do also think monopolies will lead + be safer in macro retraces in bull market or macro reversion to mean even if just to tap 9ema on weekly before continuing bull moves.
Bulls and Bears Eye the PrizeAs of October 5, 2023, AAVE has been tracing an ascending trendline, marking a battleground between a support level of $65.60 and a resistance level of $72.87. Despite the bullish attempts to shatter this range, market forces reeled them back, causing AAVE to momentarily falter and dip below the support. However, with a resilient rebound, AAVE clawed back into the range, setting sights on a robust charge towards the resistance. The market sentiment, mirrored in the bullish convergence on the MACD, fuels the optimism, signaling a significant price action lurking on the horizon. The narrative may unfold with AAVE retesting the resistance of $72.87, and a triumphant breach here could catapult it towards a higher resistance at $75.72. On the flip side, a stumble could usher the bears into the fray, threatening a trend reversal. If the price fails to anchor above the support of $65.60, a tumble to the lower support of $62.53 could ensue, altering the market trajectory. Amidst a meme-coin market ripe with anticipation, AAVE's journey epitomizes the volatile yet hopeful saga of the crypto realm.
🔥AAVE Is Ready To Make a Massive BreakoutAAVE is inside the massive triangle. The price touch of the bottom or top of the triangle will be a bullish signal where you can consider your long or spot purchases.
The closest resistances and targets are $125 and $365 key levels.
💥most of AAVE holders are destroyed after -93% from a top. So when to break through this accumulation triangle if not now?
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AAVEUSDT → The stage is set for a breakthrough of resistance BINANCE:AAVEUSDT is forming a retest of the wedge resistance amid the cryptocurrency market strengthening. When breaking through the resistance of 72.4, the market may move to realize the accumulated potential
In terms of technical analysis, AAVEUSDT forms a neutral correlation following BINANCE:BTCUSD . The market reacts to all the movements of the flagship, therefore, if the one starts to strengthen, AAVE will grow and vice versa. On the chart, there is a large enough potential for a market reversal. Consolidation is formed within the flat and between the garnets of the wedge. Global growth of the market is separated by resistance 72.4 and 91.3, when the price goes beyond it the active growth will start. This is acceptable in medium-term and long-term frames. Our task at the moment is to follow the specified area and wait for the breakout of resistance. Moving averages indicate the formation of accumulation.
Support levels: 64.75, 60.3, 55.2
Resistance levels: 72.4
In the long term I expect a retest of resistance with further growth towards 91.3.
Regards R. Linda!
Will AAVE extend the recovery?AAVE has reclaimed a previously invalidated daily bullish order block of $66.45 - $70.70 (red) and a support zone in July. The move could present extra gains to bulls if it’s defended.
Entry: $69
Take-profit: $75
Exit: $66.15
RR: 2
A drop below the July support will invalidate the bullish bias.
AAVE cryptocurrency - LONG trade. #15Hello colleagues!
We continue to publish our potential trades and today we have a potential short-term speculation.
The AAVE cryptocurrency is holding up very well on the local drop in Bitcoin and the medium-term upward trend for AAVE is not over yet:
As we can see on the 6-hour timeframe , the AAVE price has reached an important range from which a global correction may begin. But for now, we are interested in speculation on the 30-minute timeframe.
The key liquid zone for the local growth of the AAVE price is the range of $62.25-62.75. If the AAVE price falls below this liquid zone, a lot of buyer stop orders that are hidden behind each local low may be triggered:
If this happens, it will be logical to buy AAVE at $56-57 at the earliest.
Therefore, our local trade will have a fairly short stop loss, which, in our opinion, is quite fair.
AAVE short-term long
Enter = $62.25-62.75
Stop = 61.792 (- 1.01%)
TP1 = 64.10 (+2.71%)
TP2 = 65.08 (+ 4.31%)
P/L ratio = 4.26
P.S. We have also shown a potential short position on the chart. However, we do not place limit orders, as buyers can easily update local highs and only then start a correction:
We need to watch and make a decision at the moment of the $65 retest.
What do you think, will the trade work out? Write in the comments and we will check how many people were right!
AAVEUSDT → Breakout of descending triangle resistance BINANCE:AAVEUSDT is forming a breakout of the descending triangle resistance. Buyers are confidently holding the bottom, keeping the price below 55.00, but at the same time testing a trend change attempt
AAVE follows BINANCE:BTCUSD . A momentum and a small pullback is forming. This is partly a bad thing. Until bitcoin gets momentum and a breakout of local resistance, the pegged coin will also stand still. If the market doesn't acquire a buyer while the coin consolidates above the broken resistance, the flat formation will continue. Bitcoin is strengthening as it receives fundamentally positive data, mostly related to ETFs.
From a technical analysis perspective, AAVE has good upside potential. A prolonged consolidation for 15 months is forming and the price moving beyond resistance is signaling possible upside. The price is testing the MA-200, if the moving average is broken, there will be a chance for growth to 91.3
Support levels: previously broken resistance, MA50, 55.2.
Resistance levels: MA-200, 69.56.
I expect consolidation above the previously broken trend line with subsequent retest and breakout through MA-200.
Regards R. Linda!
AAVE short setup After the breaking of dynamic resistance and formation of bullish CH, this symbol has moved up. It is now close to an order block. This block order is fresh and unused. You can look for sell/short positions in the red box.
I specified the targets. When we reach the first target, save some profit and then change the stop to entry
I specified the invalidation level, closing a 4-Hour candle above this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Area to break upward: 64.256-65.37Hello?
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(AAVEUSDT chart)
The key is whether the price can be maintained by rising above the 64.256-65.37 range.
The 64.256 point corresponds to the volume profile section of the 1W chart.
(1D chart)
I don't see any major support or resistance points.
Accordingly, if it rises above 85.7 among the currently formed support and resistance points, it is expected to show a full-fledged upward trend.
The HA-Low indicator and the MS-Signal indicator are rising and are showing signs of continuing to rise further.
Accordingly, if the price remains above 58.35, it is expected to lead to a move above 75.22.
What is important is whether it can break upward through the 64.256-65.37 range mentioned before on the 1W chart and 1M chart.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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AAVE next support zonesDear all,
I would like to draw your attention to the current state of AAVE. In daily trading, AAVE has broken its main pivot, indicating that it may reach around $50 in the coming weeks. I recommend exercising caution and waiting until it reaches the support zone before making any investment decisions. This will provide an opportunity to enter the market at a lower price and potentially yield a profitable return.
Thank you for your attention
AAVE 50$ price level stands as strong support. Will it break it?If you look on the chart, 50$ price level stands so far as strong support. And its been 5 times, #AAVE bounced from this level.
In this Technical Analysis I want write more about possible short term moves.
You can see orange line that is Support right now. To open a short position, I would wait the coin to close with 1H - 4H candle (with body) on this line or below it. In this case the coin can drop back to 50$ or even lower.
Long position I would open If i see 4H candle close above the resistance line 56.75$ in this case the coin can bounce to other levels above (red lines) that you can see on the chart. How intense that move will be - currently hard to say. Because we are in Bear market right now. But, some news or Market Makers if they want they will push the price higher.
Thats why manage your risks and put SL to BE always
AAVE: Channel Down BreakoutAAVE (AAVE) technical analysis:
Trade setup : Bullish breakout from Channel Down pattern. Price is now retesting that breakout but if successful, it could revisit $65 resistance (upside potential). Overall trend is down, therefore, this a trend reversal trade setup, which is a higher risk trade than continuation patterns.
Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $50. The nearest Resistance Zone is $65 (previous support), then $80.