AAVEUSD trade ideas
Aave (AAVE) • Breaking the consolidation rangeThere is good chance AAVE will finally break the range here. Pullback would offer great entry but might also not see it because we got one into the mean of the range already.
DEFI Index is also moving up.
AAVE Testing crucial supportsAAVE has had a useful support/resistance range($425-$400) since the start of February(currently acting as support) along with the 200 SMA and the RSI being close to becoming oversold. This is a beautiful setup especially with the slight correction we had yesterday. Lots of upside on this play with a boatload of support currently. Buying a few AAVE and riding it back up.
Do your own due diligence, just my personal analysis. If you have any questions or plays for me to review, leave them in the comments below :).
Aave bull flag 💰🔥💰🚀🚀Aave will make a push towards 1k this aave coin is a 5-10k coin it only have 16 million total supply
Aave (AAVE) - May 7Hello?
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(AAVEUSD 1W chart)
(1D chart)
We have to see if we can get support at 437.866003 and rise above 505.364160.
If it falls, we need to see if it can rise along the uptrend line.
If it falls in the 337.451626-379.429759 range, Stop Loss is required to preserve profit and loss.
If it is supported at 505.364160, it is expected to reorient itself by ascending to 631.298562-673.276694.
On the wRSI_SR indicator, the RS line fell below 20.
It remains to be seen if it can rise above 20 points and turn into a short-term uptrend.
It remains to be seen if the CCI line can rise more than 100 points on the CCI-RC indicator.
At this time, volatility can occur, so careful trading is necessary.
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(AAVEBTC 1W chart)
(1D chart)
We have to see if we can get support and climb at the 7865 Satoshi point.
If it falls, we need to see if it can rise along the uptrend line.
If it falls at the 6500 Satoshi point, Stop Loss is required to preserve profit and loss.
However, it remains to be seen if it can rise along the uptrend line.
On the CCI-RC indicator, we need to see if the CCI line can touch the EMA line and rise.
If the CCI line and EMA line intersect, volatility may occur, so careful trading is required.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
AAVE Cup and Handle? Ready for breakout?Just noticed this on the chart forming over the past few days, a nice cup and handle pattern and confluence with the MACD cross over on the 1 hour. Could AAVE be poised to break new ATH?
Note: This is NOT financial advice, please do your own research. Just wanted to share what I found to be potentially and interesting chart pattern.
AAVE back on the way up to $520AAVE, just like the rest of the market, has had a rough weekend. These short term spikes down are totally normal and nothing to worry about in a bull market. Based on the fact that BTC is already bouncing back the rest of the market is looking ready for a nice bullish week.
For AAVE, the MACD just crossed the signal line and we had bounces off of the major fib levels. Price target of $520 is good because that is where the major resistance was in February and it just happens to be at the 1.6 fib level.
Not financial advice, just a crypto I'm bullish on.
AAVE-USD Bullish scenarioP.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk.
AAVE looking primed againso this finally indicated a direction at the very end of that huge wedge....then BTC dumps..but now it's looking pretty cup w handle ish and i like how theres a second- confirmation low within the cup. beautiful rounded handle and a clear neckline...about to go positive on the 4 hr w class A hidden bullish divergence. the measured move of the cup takes us beyond prev. highs so i set another PT level there. too bad eth fees are so high...
AAVE - H8 (H4) scenariosIn my opinion, now it is a good time to buy, and as price goes up to test the high, move to break even. The risk is that the structure would complicate itself, transforming into a flat. In that case price will go down to test the wave (a)
AAAVE Bull Trend remains very strong!! higher prices to come!Aave remains in a strong accumulative phase ranging between a vast range between $294-$460, considering the strong gains AAVE has had over the last 1 year+ it is expected that we see a long accumulative phase before we can push again as the asset needs to correct in time to build the momentum to move higher. As seen in chart we are currently sitting above the accumulation range earlier mentioned; closing above this range on 4hr-1d time frame may send us into the next impulse towards $900+. Additionally, of note is the ~3.618 fib extension sitting at $597 which was the previous top where we found strong resistance; clearing this level would also be a good indication of a large move higher. Looking at the long term count since trend has started we still have yet to complete a MINOR 5th WAVE and given the duration of the consolidation (78 days - 11 weeks 1d) we can expect a potential extended move towards $1000 plus.
We remain in the pitchfork plotted using MINOR WAVE 0,1 & 2 points which has held price very well since DEC 19 which indicated the BULLISH trend remains well and truly intact until any indication otherwise.
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AAVE Moving SidewaysI couldn't help but notice AAVE has been forming sideways movement since its epic pump in early February. We've formed a descending triangle since February and we have not broke to the upside or the downside of this triangle. We've held a solid $300 base support level . If we don't break to the upside we will most likely keep on moving sideways above $300.
Just yesterday AAVE launched a liquidity mining program with the goal of increasing total value locked ( TVL ) attracting more investors to the AAVE lending protocol. AAVE is on track to becoming the dominant decentralized finance (DeFi) lending protocol behind compound finance but still has some way to go.
World renowned billionaire Mark Cuban is an AAVE whale making this one of his biggest alt-coin holdings. AAVE is 78% though it's circulating supply with roughly 3,511,954 more AAVE left to be mined. There's only max supply of 16 million AAVE tokens. Keep AAVE on your radar.
Much peace, love, health, and wealth.
