Head and shoulder!In the daily timeframe, it’s forming a head and shoulder pattern and it’s expected to touch $80 soon.
AAVEUSDT trade ideas
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 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
😏let's go aave👨💻Hello fellow traders
My view on aave is bearish, but at the risk of the trend line, which is above, we can also take its rise
But I don't do that
My reasons for the loss of one of our volumes are clearly reduced. The number of collisions with our daily resistance is high, which reduces its strength and increases the probability of failure.
For those people who take risks, below the number 81.74 is suitable in my opinion, and for those who trade safely, 78.63
Be sure to take responsibility for your own actions
⚠️Do capital management⚠️
AAVE/USDT It possible breakout and continue upward movement!💎 Paradisers, #AAVE is indeed a coin worth monitoring closely.
💎 Currently, AAVE is facing resistance around 98.15. Upon reviewing the chart, it appears to be in an accumulation phase, indicating potential bullish momentum if AAVE successfully breaks out of the resistance and the descending resistance simultaneously.
💎 Such a breakout could lead to significant upward movement, possibly testing our target strong resistance area.
💎 However, if AAVE fails to break the descending resistance and experiences a rejection with a bearish candle, this could signal a potential downturn. In this scenario, the price may retreat to retest the support around 79, initiating another significant downward momentum.
💎 Historically, the price has consistently bounced each time it hit the support of the accumulation phase. Therefore, if AAVE revisits this zone, there's potential for a reversal. However, if it fails to bounce and even breaks down below the support, it may head towards the key support area.
💎 In the event of an upward scenario, if AAVE revisits the key support, it's crucial to reclaim the support around 79. Failure to do so, resulting in a break below the key support, would confirm bullish invalidation and likely lead to further downward movement.
MyCryptoParadise
iFeel the success🌴
AAVE: Channel DownTrade setup : Price is in a downtrend, trading in a Channel Down pattern. We wait for a breakout, ideally above $100 resistance and 200-day moving average, to signal bullish trend reversal.
Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $80, then $60. The nearest Resistance Zone is $105 (previous support), then $130 and $150.
📈 AAVE Trade Analysis 🔄💼Trade Overview:
AAVE seems to have established a range low after filling the Fair Value Gap (FVG) and forming a triple bottom pattern, suggesting a potential bullish reversal. Monitoring for a final sweep to fill 50% of the wick or a Market Structure Shift (MSS) can help confirm the trade setup.
Trade Strategy:
Entry: Consider entering a trade between $75 to $85, capitalizing on the range low and potential reversal pattern.
Take Profit: Set take profit targets around $120 and $160, aiming for gains within these levels.
Stop Loss: Place the stop loss at a daily close below $70 to manage risk effectively.
📊🔍 Stay attentive to AAVE's price action for trade validation and adjustments! #AAVETrading #CryptoAnalysis 🌐🔒
AAVE: Approaching SupportTrade setup : Trends are mixed to down. After a bearish breakout from a Channel Up pattern, price broke below 200-day moving average, which is a sign of downtrend. Trend Traders: It bounced off of $80 support and could approach $100 but it’s a higher risk trade setup since overall trend is down. Price needs to break back above 200-day MA (~$100) to resume its uptrend.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $80, then $60. The nearest Resistance Zone is $105 (previous support), then $130 and $150.
AAVE: Approaching SupportTrade setup : Trends are mixed to down. After a bearish breakout from a Channel Up pattern, price broke below 200-day moving average, which is a sign of downtrend.
Trend Traders : It’s now sitting at $80 support, which held up a couple of times recently and could be a swing trade entry but it’s a higher risk trade setup since overall trend is down. Price needs to break back above 200-day MA (~$100) to resume its uptrend.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $80, then $60. The nearest Resistance Zone is $105 (previous support), then $130 and $150.
AAVE: Approaching SupportTrade setup : Trends are mixed to down. After a bearish breakout from a Channel Up pattern, price broke below 200-day moving average, which is a sign of downtrend. Trend Traders: Price needs to break back above 200-day MA (~$100) to resume its uptrend.
Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $80, then $60. The nearest Resistance Zone is $105 (previous support), then $130 and $150.
