Aaveusdtlong
AAVE/USDT : Breakout from ATH resistance BINANCE:AAVEUSDT
Hello everyone 😃
AAVE had a CUP & HANDLE pattern on lower timeframe and a breakout from ATH resistance.
On current zone candles are showing selling pressure, Before reaching 175$, we should break 145$ horizontal selling zone.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
-Helical_Trades
$AAVE - Looking to longHello everyone!
I'm thinking that DeFi impulse is yet to come and we will see higher highs of DeFi tokens.
Starting with Aave, I don't think that there is a double top pattern on AAVEUSD as the right top is higher than the left one, so it rather makes a wedge.
Nevertheless, the impulse looks stronger that the previous and the dynamic support may be broken, the first static support to watch would be 80.339
The most important is at 71, below which will confirm the double top but for now I'm thinking of longing Aave.
AAVE-4h. The next target - $112-117.Our previous idea reached the target and tested the strength of buyers in the range of $73-76.
An important moment took place today in the AAVE market. Buyers managed to gain above the $90 mark. This mark has been a problem for buyers since the beginning of December and it has led to a correction in the price of AAVE.
Given the bullish mood in the crypto market and the update of the local maximum AAVE buyers are looking for a test range of $112-117. In this range, it will become clear whether the price will remain within the wedge or whether there will be an acceleration of the growth trend.
The critical point of this scenario is the range of $87-90
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AAVEUSDT - closing the daily in front of the level.if the daily cadlestick in front of the level, withput a shadow in the direction of yhe levland with a displaced body in the durection of the level, this is a prerequisite or breaking through the level from the opening of the candle the next day.
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AAVE / USDT retest the ascending traingle Aave / usdt
🌟 Techincal analysis 🌟
After broke the ascending traingle pattern and retest the upperline .....
it did a good bounce on 4 h frame
If the support level /previous resistance (upper horizontal line of the traingle) hold
We can expect it to reach next targets in fibonacci soon
Good luck and happy trading 🌹