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AAVE / TetherUS

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AAVEUSDT trade ideas

AAVE: Resistance BreakoutAAVE (AAVE) technical analysis: Trade setup : Following a bullish breakout from Channel Down pattern, price broke above 200-day moving average, which signaled a bullish trend reversal to an Uptrend. Price has also broken above $95 resistance, which is being retested now. Upside potential to $115. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). Support and Resistance : Nearest Support Zone is $80 (previous resistance), then $65. The nearest Resistance Zone is $95, then $115.
Long
by altFINS
The AAVE price has embarked on a challenging growth pathOver the weekend, unexpectedly for many, including us, the AAVE price showed a +40% increase. However, so far, buyers have not been able to gain a foothold above the trend line, which has been in place since 2021. AAVE buyers still have many tasks ahead of them to develop a positive scenario for the AAVEUSDT price movement: 1. To prevent the price from falling below $59 2. Break through trend line and gain a foothold above $68 3. Start cascading break out the short positions. Each closing of a short position by a stop order = buying on the market order = accelerating growth. 4. Above $85, growth can accelerate significantly. 5. If the above conditions are fulfilled, the medium-term target is $125-126 by AAVE _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
23
📊#AAVE may break short structure with smiley face🚀🤩I'm glad we're hugging the smiley face again, and it pays off every time we see it.💰🚀🌕 ➡️Now that we have broken through the resistance zone and the downside resistance line, if we choose to continue to break above the bear defense point, a successful breakout means that the short structure is broken, and we will expect higher targets without risk in the later period.🙏 Let's see👀 🔔If you also want to improve your trading skills, then you can find Wolf king 💌and we will set up traps for hunting together.🕳💰🍻 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
Anticipating AAVE's Consolidation Breakout with Bullish SentimenAAVE, the native token of the AAVE lending and borrowing protocol, has been in a prolonged consolidation phase since May 2022, fluctuating within the $45 to $95 price range. This extended period of consolidation indicates that AAVE is building up potential energy for a significant price move. On November 2, 2023, AAVE made an attempt to break out of this range but was unsuccessful. However, given the prevailing bullish sentiment in the crypto market, there is a strong possibility of a retest, making it a promising opportunity for a long trade.
Long
by DamithFX