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AEVO / TetherUS

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AEVOUSDT trade ideas

Aevousdt Trading ideaAEVOUSDT is currently displaying signs of a potential falling wedge formation, with the price exhibiting a pronounced downward movement towards a slanting downtrend trendline. We have identified a potential ending point for the wedge pattern, coinciding with a major demand zone suitable for accumulation. This zone has been estimated using Fibonacci extensions, adding confluence to our analysis. Profit targets have been outlined on the chart, providing guidance for potential upside movements. To manage risk effectively, we recommend implementing a stop-loss strategy, with a suggested minimum of 20% below the identified accumulation zone.
by weslad
8
AEVO - Bullish divergenceOn the above 12hr chart price action has corrected 65% since late March. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Bullish divergence. Eight oscillators print positive divergence with price action. 3) Everything that was said above is also true for the AEVO.BTC pair (see below). Is it possible price action can correct further after a 65% correction? Sure, sellers are like that. Is it probable? No Ww Type: Trade Risk: <= 6% Timeframe for long: now Return: 150% for starters AEVO - BTC pair
Long
by without_worries
51
AEVO: Reversal Pattern ! 10$ NEARAEVO is exhibiting a potential reversal pattern and appears poised for a breakout to the upside. After its initial listing on Binance, AEVO surged to an all-time high and then experienced a sharp decline, coinciding with a bearish market sentiment. However, recent price action suggests a potential reversal, mirroring the pattern that preceded the previous downtrend but in the opposite direction. Key Points: AEVO Swept All-Time High and Declined: Following its Binance listing, AEVO peaked at around $15 and then retraced significantly. This initial price movement can be attributed to both profit-taking and the overall market conditions. Reversal Pattern Formation: AEVO is currently forming a pattern that resembles the one that preceded the previous downtrend, but in reverse. This pattern suggests a potential reversal from the recent bearish trend. Horizontal Accumulation Sweep: AEVO is currently sweeping through a horizontal accumulation range, indicating the presence of significant liquidity at this level. This accumulation phase could serve as a springboard for a breakout. Bullish Outlook: Based on the reversal pattern, horizontal accumulation sweep, and potential market recovery, I anticipate a bullish breakout for AEVO. The initial target for the breakout is $10, with the potential for further upside movement if the momentum continues.
Long
by Yaroslav_Krasko
4
OPPORTUNITY for a 3x PROFIT✅ AEVO is at the perfect position to buy now ✅ According to my current Aevo price prediction, I expect the price to rise by at least 50% untill the end of the month and by 220%+ and reach at least $ 5.34 by mid May 2024. BitCoin halving is just behind the corner and some solid good projects like AEVO will find a lot of interest and support from investors. - Very attractive price to buy - Not much of a technicals available yet and still - looking good - AEVO is New coin but backed by some experienced people so it is not only short term speculation here but also long time investment. "The Aevo team comes from companies such as Coinbase, Kraken and Goldman Sachs, and institutions such as Stanford, MIT and Cornell. Furthermore, Binance has investigated this platform and has admitted its confidence by adding AEVO to the latest launch pool!"
Long
by VadimPanteleyev
7