AAVEUSDT trade ideas
Selling pressure caused a sharp downward movement!AAVE took a sharp downward trend during the past weeks. This selling pressure caused a sharp downward movement from the resistance range of $95-100 to the monthly support in the range of $50, which is one of the sharpest drops in the trading history of this currency. Price-hitting monthly support has reacted positively, and a reversal candle has formed on the chart this week. Also, a hammer reversal pattern can be seen in the daily candlestick of the previous day.
But it should be noted that the price trend in the 4-hour timeframe is still bearish, and we can consider a channel for the price. In case of breaking the ceiling of the channel and pullback to it, we can expect price growth and a possible change in the trend. Also, the presence of several resistances in the path of upward movement can prevent price growth. Therefore, we can expect a range trend in this currency this week and next week. This range trend can be formed between the support range of $50 and the resistance of $65-70.
AAVE/USDT possibility for long position soonHello guys
Let's start with AAVE/USDT coin pair. Well we have been trading in narrows of $58-$62 until recent dump which dragged the price below that narrow. Now with recent correction we have been re-testing that lower line of narrow which seems to make a breakout soon so we will try to take a position here.
Well one thing is to remember here - we are not finished with bearish market and that is just a correction which happens after every major drop
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
#AAVE - DeFi protocol AAVE faces bad debt and centralized points#AAVE - DeFi protocol AAVE faces bad debt and centralized points of failure
Broken key support now along with some very bearish news. Unlikely new money will be going in even if there is a bullish turn from BTC. Hopefully should be a pretty safe bet here.
protos.com
🟪 #AAVE/USDT
• 🐻 Strategy: Short
• 👉 Exchange: Multi-Exchange
• 👉 Account: Futures
• 👉 Entry mode: Market order in range
• 👉 Invest: 0.59%
• 👉 Leverage: 10x CROSS
• 🚫 Stop: 56.71 (-84.7%)
• 💰 Entry: 52.28 ⌁ 52.85
• ⎿ Current market price: 52.28
• ⎿ Target 1 : 45.04 138.5%
• ⎿ Target 2 : 42.68 183.6%
• 📊 Technical indicators:
• ⎿ 24h Volume: 63355957.71
• ⎿ Satoshis: 52.28
AAVEUSDT | BULLS HOLD SUPPORTAAVEUSDT has been in a strong bearish trend .
The price has broken below major supports.
Now price has took support at horizontal zone.
The bulls need to hold this support zone .
We are expecting bulls will took control and price may go higher from here.
Manage your trades accordingly.
aave long01 - Initiation Signals
Divergence/Convergence Is Present (Left Hand Or Right Hand)
Rsi 30 At 30 For Bullish Convergence Traders
Tradeline Breakout Ccc
2 Holding
Patience And A Lot Of Patience
3. Selling Signals Of Spot Trade Or Buy-Long
Macd Bearish Cross
Macd Buying Pressure Weakening
.618 Resistance
AAVE/USDT looking goodHey, traders
Last one for today will be AAVE. Seems good to us but even better if we se a nice breakout zone near buy zone. Let's wait and see
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
AAVEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for AAVEUSDT
In the current chart, there is R2 that used to be a support area. R1 is our resistance area which contains the disability of the price to rise. And S2 used to be another resistance line and S1 is a long-term support area. Thus, we have the price fluctuating over S1 and our expectation would be a rise to the height of R1 and there we should wait for the fluctuation of price over R1. In case this happens, more rise will be predicted for the price to some higher amounts. Even it is less probable that the price loses the support at S1 and experiences more fall down there.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
AVVEUSDT|It could be an interesting deal!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Friends from the past long, the signal has worked by 19% and look what is happening at the moment...
The chart is now striving again to come to the $82-84 zone, from there you can try to gain a long position again with minimal risks, be careful, bitcoin is now behaving albeit less volatile, but still be careful!
Also note that the asset came for confirmation of the line of the thread and was already able to rebound from it, I expect a true breakdown and a trip to the $82-84 zone, where I will consider LONG with risks of no more than 1.5%