AAVE 4H - Correction 0.618 FIBONACCI 120$ - 124$AAVE 4H - Correction 0.618 FIBONACCI
AAVE is currently correcting the last bullish impulse confirmed by a bearish EMA 50-100 crossover. The value could look for levels of 120 - 124 (0.618 fibo) where it would be a good BUY ZONE.
On the contrary, if BTC encourages the entire market, it could turn around earlier and break the resistance to continue rising.
TARGET: $220
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I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
AAVEUSDT trade ideas
I Cannot Short This !!! situation+next targets.Now, as you can see, AAVE is in a cup and handle pattern on the weekly timeframe. This can be an incredibly strong signal for a price increase. If the breakout happens, AAVE's price could reach $243 in the new year, which is not far-fetched, just like the AB=CD pattern.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Aave Headed Towards Accumulation Zone (Down!)Remember those trade-ideas I shared in early August? The "Pre 2025 Bull-Market" series?
In these, we predict one last accumulation phase before the major 2025 bull-market. It seems all the pairs are now preparing to move to the accumulation zone where this accumulation phase will happen.
Here we have Aave (AAVEUSDT) peaking. After a peak comes a down wave. The down wave will send prices toward our predicted accumulation zone.
Last week closed as a shooting pattern candlestick pattern.
This week is full red. So last week we get the bearish reversal signal and this week is the confirmation of that signal. Lower prices next.
The drop should end in a higher low and there will be much growth in 2025 but still, we are going lower short- to mid-term. Technically speaking, we would still be within bullish territory and bullish action because of the long-term higher low. This can be described as a simple and normal correction. It takes time and accumulation before a major bullish run.
The major full-blown bull-market will happen in 2025, not 2024.
Thank you for reading and for your continued support.
We can predict the future through the charts.
Namaste.
AAVE ANALYSIS#AAVE Analysis : Channel Following
📊As we can see that #AAVE is following ascending channel on daily time frame. Currently the price is trading above its major support zone. Price is moving upwards within a long-term rising channel, recently took a support from its support level. Expect a bullish move in few days.📈
🔖 Current Price: $151
⏳ Target Price: $185
⁉️ What to do?
- Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
#AAVE #Cryptocurrency #ChartPattern #DYOR
AAVE/USDT GREAT SHORT SCALP OPPORTUNITY ON 1 HR CHARTAAVE/USDT is trading at the bottom of a 3/4 full perfect descending triangle, with a target price of $147. perfect trade for a 3X margin trade after conformation of the break down. Since the triangle is 3/4 full could come at any time. Let me know what you guys think of this trade Idea.
Thanks,
Mike
WE THE PEOPLE!
AAVE possible short (rising wedge)We can see a rising wedge wich is mostly a bearish sign.. below on the daily there is a fvg. The target of the wedge is exactly at the fvg. So this is a possible short thats coming soon. This is my setup for it. Happy trading.
Leave comment below. I would like to hear other opinions . Thank you and CHEERS! .
Aaveusdt Buy opportunityAaveusdt has broken out from a descending broadening wedge, indicating a bullish reversal pattern. Additionally, we have identified a hidden ADAM and EVE setup within this pattern.
Our plan is to buy in and place orders in the buyback zone if the price provides the opportunity. The immediate target is the ADAM & EVE target, followed by the mid-term target, which is a potential neckline for the larger setup.
We will provide timely updates on this post and appreciate your engagement through comments and likes.
Thank you.
Ascending Broadening Wedge on AAVEUSD 4h - a bearish signalEveryone is high on hopium about AAVE rn, but the 4h chart has a signal that the end of this bull run may come soon.
Ascending Broadening Wedge pattern is a bearish pattern so I am looking to establish and add to my short position up to around 180.
This matches my sentiment that this current flurry of bullish spending is a bull trap, and I base that primarily on the Monthly BTC chart which needs to establish a close above around 68 before we can swing back to a bullish forecast.
DreamAnalysis | AAVEUSDT Key Triggers and Potential Trends📚 Welcome to Today’s Analysis
Today, I’m going to analyze the AAVE coin for futures and review the potential entry triggers and probable trend. The analysis will be conducted in daily and 4-hour time frames.
📊 Daily Time Frame
In the daily time frame, we see a strong bullish move with a healthy trend. During this movement, volume has also increased, indicating the strength of the trend.
Additionally, the movement is parabolic, and each time the price corrects less and continues with greater momentum.
After breaking the 117.65 resistance, the price moved up to the next resistance at 149.59 and is currently in a correction phase.
If the price finds strong support from the curved trendline or breaks through the 149.59 resistance, we can expect the start of the next move, targeting the next resistance at 186.82.
The RSI indicator, if it breaks above 64.88, will confirm the entry of momentum into the market. Additionally, a volume increase during the break of 149.59 will confirm volume strength.
On the other hand, if the price breaks the curved trendline and we see a confirmation of Dow Theory (Lower Low) or a break of 117.65, it will signal the end of the uptrend. The target for this bearish move could be 77.66, which is currently AAVE's key support.
For the RSI, confirmation of bearish momentum will require it to not only break the trendline but also fall below the 50 zone, indicating that downward momentum is entering the market.
📉 4-Hour Time Frame
In the 4-hour time frame, after reaching the 154.32 resistance, the market has entered a correction and consolidation phase. Since the higher time frame trend is bullish, the volume of corrective candles has decreased, and the uptrend remains strong.
In this time frame, we have two long position triggers at 146.88 and 154.32, with the RSI confirming momentum if it breaks 60.71.
For a short position, the risky trigger is at 138.14, and the confirmed trigger is at 117.65. The RSI will confirm momentum if it breaks below 42.70.
🚀 Current Market Outlook
In the short term, the trend for AAVE appears to be corrective, and it may even make a downward move. However, in the long term, the outlook for this coin remains bullish.