AAVEUSDTAAVEUSDT is in reversal mode.
Bullish divergence shown in RSI.
We wait and watch for the breakout of last LH.
AAVEUSDT trade ideas
AAVE Trend ShiftAAVE providing a decent risk reward opportunity to the upside. Another ETH Beta play setting up with ETF anticipation in July.
#AAVE/USDT is testing the 4H FVG in 4-Hour TF!#AAVE/USDT is testing the 4H FVG in 4-Hour TF!
EURONEXT:AAVE is slowing, the seller can be in soon. Wait for rejection to short some with confirmation. If it invalidates this FVG we can enter with long in this IFVG.
AAVEUSDT - there only single area, hold or not??#AAVEUSDT.. well guys according to technicals market have one n single area on table that is 91.30
Keep close it guys.
That will play key role in further move to anyside.
And if market hold it then. You can see a bounce from here ..
Good luck
Trade wisely
ANALYSIS OF AAVEUSDT.PCurrent Price: 98.8 USDT
Average Price Change: 1.126
Oversold Condition:
Last oversold on 11th June, 2024, when it dropped to 73.522 USDT, indicating a potential reversal or buying opportunity.
Support and Resistance Levels:
Current support at 96.268 USDT
Broken resistance level at 96.332 USDT
Bollinger Bands:
Lower Bollinger Band: 92.898 USDT
Middle Bollinger Band: 95.766 USDT
Upper Bollinger Band: 98.635 USDT
Analysis and Trading Strategies:
Support and Resistance Levels:
Support: The current support at 96.268 USDT indicates recent price strength. If AAVEUSDT.P holds above this level, it suggests bullish momentum.
Resistance: The broken resistance at 96.332 USDT becomes a key level to watch. AAVEUSDT.P needs to stay above this level to confirm further upside potential.
Bollinger Bands:
The current price of 98.8 USDT is near the upper Bollinger Band (98.635 USDT). This suggests that in the short term (4H timeframe), AAVEUSDT.P may be approaching overbought conditions. Traders might want to exercise caution if considering new long positions at these levels.
Trading Strategies:
Long Position Strategy: Given that the price has already broken above the resistance level of 96.332 USDT, if you are holding long positions, aim for targets towards higher levels or the upper Bollinger Band or trail a stop loss. Remain vigilant for signs of potential overbought conditions near the upper Bollinger Band.
Short Position Strategy: Avoid short positions unless there's a significant drop below the support level of 96.268 USDT, indicating a potential trend reversal.
Stop Loss: Place stop losses below the support level of 96.268 USDT to manage risk. Adjust stop losses as the price moves in your favor to protect profits or minimize losses.
Conclusion:
AAVEUSDT.P appears bullish on the 4H timeframe, with a strong support level and a recently broken resistance. Traders should monitor price action around the upper Bollinger Band for potential overbought signals. Confirming a sustained breakout above 96.332 USDT could signal further upward movement. As always, consider market conditions and use additional technical and fundamental analysis to make informed trading decisions.
$AAVE #AaveLabs Trading IdeaAAVE/USD (AaveLabs) went back inside the accumilation phase. Formed a potential falling wedge pattern (I don't believe in H&S). Full send after a breakout. This Golden Zone at around $395.95 represents where I would take 70-80% of my profits after accumulating more coins.
Head and shoulder!In the daily timeframe, it’s forming a head and shoulder pattern and it’s expected to touch $80 soon.
AAVEUSDT 1WAAVE ~ 1W
#AAVE Bouncing Right on this Confluence of Support.
Start making purchases again gradually with a short-term target of at least 20%+
$AAVELooks promising after breakout from the diagonal line and now retest on going.
Looking for long position in purple area blok with target purple line above the purple area blok.
Invalid if price below $84.5
Aave Major Long-Term Cycle Visited (Can Grow Beyond $1,200)➖ For Aave (AAVEUSDT), the low was hit June 2022.
➖ For more than a year, between June 2022 and October 2023, a consolidation phase is present.
Right in October 2023, the initial wave (bullish breakout) showed up and Aave is now on the move.
This wave ended in March 2024, together with Bitcoin and most of the Crypto market.
➖ A correction pushed prices lower between the levels 0.618 and 0.786 Fib. retracement of the entire bullish wave; a classic.
Now that the correction is reaching its end, a new bullish cycle can start.
👉 We have some conservative targets on the chart: $292 for 217% and $379 for 309%.
This would be the second wave (third from an EW perspective) but not the final one... We are entering a major bull-market that will likely peak in 2025.
👉 A new all-time high can push Aave to numbers above $733, to $1,200 or so...
There is plenty of room available for massive growth.
Remember, we are entering the pre-bull-market accumulation phase... If there is another drop, a shakeout or anything of that nature, think long-term.
When prices drop, we rebuy and reload.
Namaste.
AAVE Long Trade SetupCurrent Situation:
Trend: AAVE has broken below the weekly and monthly pivot levels and is nearing the bottom of the monthly resistance level.
Support Zone: The current area is a strong support zone based on historical price action data.
Trade Strategy:
Entry Criteria:
Support Confirmation: Wait for the price to find solid support within the entry zone for extra confirmation.
Weekly Pivot Reclaim: For additional risk management, wait for the price to reclaim the weekly pivot.
Entry Point: Enter a long position between $80.72 and $81.64.
Risk Management:
Stop Loss Adjustment: If the price moves 2-4% away from the entry, move the stop loss to break even to manage risk and avoid potential manipulation.
Take Profit Targets:
Primary Target: $86.16
Secondary Target: $89.48
Stop Loss: Set a stop loss at a candle close under $80.46 to limit potential losses.
Summary:
For AAVE, after breaking below key pivot levels and approaching a strong support zone, wait for the price to confirm support within the entry zone and possibly reclaim the weekly pivot for extra risk management. Enter a long position between $80.72 and $81.64, targeting $86.16 and $89.48 for profits. Set a stop loss at a candle close under $80.46 and move the stop loss to break even if the price moves 2-4% away from the entry to mitigate risk.
AAVE: Approaching SupportTrade setup : Price remains in a Downtrend until it breaks above the 200-day moving average (~$100). After a failed breakout from Channel Down pattern, price dipped back below 200-day moving average and reached $80 support. That's a level where price has found support several times in the past and could be a swing trade entry. This is a riskier trade setup because it’s against the overall downtrend.
Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum is Bearish (MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $70.00. Nearest Resistance Zone is $90.00, then $115.00.
LONG #AAVE30m TF. There is an active buyer on the coin, who, with an increase in volumes, once again presses the price to a clear resistance level, behind which there is unrealized liquidity. The strength of buyers is also manifested in squeezing and keeping the price below the level.
I will consider the breakdown of resistance on the volumes and acceleration of the tape of transactions in the glass.
AAVEHello traders hope you are enjoying our Analysis.
Now we are here again with a new trading opportunity ,we will discuss today about AAVEUSDT
smart money concept analysis: Don't get caught in whale traps. What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author
AAVE - Support is holding strong, where is next ?BINANCE:AAVEUSDT (1D CHART) Technical Analysis Update
AAVE is currently trading at $86.5 and the price has reached the support zone, this support was held strong multiple times and price bounce back from it multiple times. Im expecting the price to bounce back from this support zone again and we have nice trade opportunity.
Entry level: $ 86.57
Stop Loss Level: $ 73.27
TakeProfit 1: $ 93.44
TakeProfit 2: $ 99.16
TakeProfit 3: $ 109.96
TakeProfit 4: $ 125.15
TakeProfit 5: $ 142.44
Max Leverage: 5x
Position Size: 1% of capital
Don't forget to keep stop loss.
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GreenCrypto
Aave (AAVE): Bouncing From EMAs / Or Breaking Down?Aave has had a nice movement to the upper resistance zone from where we got rejected and now the coin has been trading just above 100 and 200 EMA.
We are looking here for multiple scenarios of bullish or bearish outcomes.
2 points of interest are branches of EMAs and also that upper resistance zone so let's see which zone will be reached faster!
Swallow Team
AAVE - Long term can reach to 600$ and 800$AAve can reach to 600$ and 800$
This currency has a high potential - and currently it is traded below the price - according to asset management and risk in financial markets, you can buy it by observing capital management.
AAVE Long Trade SetupCurrent Situation:
Price Level: AAVE is testing the top of the range area of support around $100, providing a potential entry point for a long trade.
Trade Strategy:
Entry Point: Enter a long position at the current support level of $100.
Take Profit Targets:
First Target: $107 - $115
Second Target: $132 - $142
Stop Loss: Set just below $93 to manage risk.
Summary:
AAVE is at a critical support level of $100, making it a good opportunity for a long trade. The take profit targets are set at $107 - $115 and $132 - $142, with a stop loss just below $93 to protect against potential downside.
AAVE analysis: Bullish!AAVE has been consolidating for almost two years and is now on the verge of breaking out of this consolidation range, IMO, $60 is an acceptable support level to buy, with an ultimate target of $1,265.
AAVE Based on our current analysis, AAVE is projected to rise by 30.13%, reaching $135.81 by June 7, 2024. Our technical indicators indicate a Neutral sentiment, with the Fear & Greed Index registering 73 (Greed). Over the past 30 days, AAVE has shown a 50% increase in positive performance days, accompanied by 9.29% price volatility.
AAVE (Aave): Waiting For Lower Zones To Be Touched!Aave has formed a local top, and now it is looking for a new zone from which to bounce off.
We see a good chance of the lower support zone being touched and the EMAs being tested as well so this would be the zone we will be looking at!
Swallow Team
AAVEUSDT1. AAVE Selling Plan this cycle.
2. Subject to change of course depending how alt season goes.
3. Note the FIB extension 1.618 is actually at $1,042 but It's better we sell rest at $972 to avoid Psychological resitance at $1,000.
4. I note AAVE could go so much higher this is just my plan.
AAVE Re-Accumulation & New 5 Wave ImpulseAave has a textbook re-accumulation as well as a complete 5 wave structure with ABC correction. We are currently starting a new 5 wave impulsive structure, which should continue upwards. Some likely targets are the 1.382 and 1.618 that I have marked on the chart, and beyond
