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Aaveusdt

AAVE/USDT is about to Get its Wings Back | AAVE/USDT Analysis 💎 Currently, AAVE has emerged from its wedge pattern. Notably, the POC of VRVP is serving as foundational support, and we've witnessed a retest of this level. 💎 It's also worth noting that the price is navigating beneath the 50 EMA. If this trajectory persists, our TP1 could be reached soon. 💎 On the flip side, should the price revisit the support owing to market unpredictability, there's potential for consolidation. Heightened sell-offs could then challenge the bullish trend. 💎 Stay updated with a precise analysis of your assets and enjoy your journey with #MyCryptoParadise
Long
by MyCryptoParadise_Nathan
AAVE: Channel Up BreakoutAAVE (AAVE) technical analysis: Trade setup : Bearish breakout from Channel Up pattern and below 200-day Moving Average ($72). Price appears to have resumed its downtrend. Pattern : Price was trading in a Channel Up 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 on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $65, which it broke, then $50. The nearest Resistance Zone is $80, then $95.
Long
by altFINS
2
AAVE something exciting Don't Miss Out..!!👀 AAVE Today analysis💎AAVE replicating the same wedge pattern, with a key observation being that it's trading in a strong demand area and below EMA 50. 💎Another aspect to consider is that if the price re-enters the box due to the market uncertainty that has been prevalent for the last few days, it might consolidate and, with increased selling pressure, invalidate the bullish momentum. 💎The POC of VRVP (Visible Range Volume Profile) is acting as resistance. If the price maintains its momentum above EMA 50, we could be in for a solid bullish move. 💎 In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!
Long
by MyCryptoParadise_Simon
3
AAVEUSDT on daily support, long favorable towards 72.9We talked about this one going down to the daily support and potentially aim for the weekly support in coming days. That does not mean that a bounce shall not be expected from the daily support. The price has touched the daily support and I expect a bounce here towards 4h resistance 4HR1. This provides an opportunity for a long trade. The target of this trade should be close to 4h resistance zone 4HR1 which is around 72.9.
Long
by angela_altair
AAVEUSDT at monthly resistance, retrace to weekly support likelyThe price hit the confluence of monthly and weekly resistance. This resistance is definitely strong one and usually will not give the way so easy in the first attempt. We see that the price got rejected from this resistance and landed on the daily support for a bounce towards that resistance again. The price is pulling back again from there and heading towards daily support. The probability of this daily support holding the price for long is not that high and I expect that the price will head towards weekly support WS1. We shall observe a good bounce in case price reaches there. WS2 is the weekly support level which marked the low of june 2022, dec 2022 and june 2023. That support has provided very good price bounce/reversal although with diminishing returns on subsequent bounces/reversals. Anyways that support is far away and just for explanation purpose I have added so that in case in the future if price reaches there, it would be again a good long opportunity. But for the time being, I expect the price to reach WS1 level and bounce from there.
Short
by angela_altair
AAVEUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: ~100 and ~115 after first target reached move ur stop to breakeven Stop: ~52 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 3.5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
AAVE: Falling WedgeAAVE technical analysis: Trade setup : Price is in a Downtrend and has broken below 200-day moving average and $70 support, which is bearish. Now it’s trading in a Falling Wedge pattern. We wait for a bullish breakout from Falling Wedge, ideally above $70 and 200-day MA, which would signal that buyers have finally absorbed the supply from sellers and price is ready to reverse trends. (set a price alert). Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. 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 $60, then $53. The nearest Resistance Zone is $70 (previous support), then $80, and $97.
Long
by altFINS