AAVE - BULLISH STOCHASTIC RSI CROSS ABOUT TO HAPPEN AGAIN!FACTS:
1. DEFI IS THE FUTURE. AAVE IS LEADING THE DEFI WORLD!
2. AWAITING BULLISH STOCHASTIC RSI CROSS! EVERYTIME WE CROSS, WE 5X - 46X TESTING TRENDLINE MULTIPLE TIMES!!
3. RSI HASNT BEEN THIS OVERSOLD SINCE NOVEMBER 2020. EVERY TIME WE TEST THE 47 RSI ON WEEKLY,
WE SKYROCKET! WE ARE TESTING AGAIN!
4. IS TRADED ON THE BIGGEST EXCHANGE PLATFORMS LIKE COINBASE, AND BINANCE!
MARKET CAP: $4 BILLION (HIGHLY UNDERVALUED!)
SUPPLY: 16 MILLION (BITCOIN HAS MORE AND COMPARE BTC PRICE!!)
TARGET: $5000 - $8000 TESTING WELL DEFINED TRENDLINE!
I usually don't follow fundamentals, but AAVE has one of the most promising projects out there!
TARGETS THIS YEAR:
Target this year: $5000-8000
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
AVEUSD trade ideas
Aave (AAVE) - June 9Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(AAVEUSD 1W Chart)
If the price holds above the uptrend line (1), then the uptrend is expected to continue.
(1D chart)
The 337.451626-379.429759 section needs to be supported and move up in order to continue the uptrend.
If it goes down from the 300.459751 point, it can touch the 169.539088 point and move up along the uptrend line, so you need to trade cautiously.
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(AAVEBTC 1W chart)
Since we have created a Double Top, we expect a downtrend if we do not cross the downtrend line.
However, if it finds support at the 0.007865 point, it is expected to renew its highs.
If the price holds above the 0.004956 point, it is expected that the uptrend will continue.
If it rises along the uptrend line (1), it is expected to be a buying opportunity.
(1D chart)
It remains to be seen if the 0.008812-0.009906 zone can find support and move up.
If it falls from the 0.006625 point, you need a Stop Loss to preserve your profit.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
AAVE ~ Post-capitulation buy-in zonesAAVE showed incredible strength during the last bull run up.
It is in the top 3 of all DeFi protocols and the TVL just keeps going up: people want to keep their finances in AAVE more and more.
I was a late comer to the AAVE coin. I only started investing in it about 8 months ago. Most of my gains were wiped out in the capitulation but there is a clear 100% gain for AAVE ahead in its trip back to its ATH.
I have a strong feeling that many people will be "taking profits" on the way back up; fearful that the bull market is over; because there is such a huge media campaign trying to convince new-comers to crypto that it is....
But the bull run is far far far from over.
A good buy-in around these price levels is the same price you could have gotten into AAVE at 3-4 months ago, so its giving you this gift one more time, with 100% upside back to ATH as a potential trade, then rebuy the dip as well.
My strategy is much simpler: BUY and HODL to the end of the bullrun. AAVE is an interesting project that could see another 800% or 400%. I'm not sure where it will land, and it depends allot on whether "DEFI summer 2.0" happens, or if its more of a fizzle this year compared to last.
If we do have another defi summer, which I strongly expect, then AAVE is at the center of that and is going to pump extremely well so I wouldnt be surprised at another 10x (900%) pump from where we are at right now.
As always, DYOR, and invest in real projects.
Capitulations like this are necessary to kill the shitcoins and get rid of the degen hype tiktok WSB r-tards out of the market.
Aave (AAVE) - May 23Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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(AAVEUSD 1W chart)
(1D chart)
We have to see if we can get support and climb in the 337.451626-379.429759 segment.
If you go down at 337.451626, you need Stop Lsos to preserve your profit and loss.
However, you can touch the 300.459751 point and go up, so you need to trade carefully.
It is important not to fall on the downtrend line.
Accordingly, it remains to be seen if volatility around May 24 (May 23-25) could rise above the 437.866003 point.
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(AAVEBTC 1W chart)
(1D chart)
We have to see if we can gain support and ascend in the 8944 Satoshi-9536 Satoshi section.
If it falls at 7167 Satoshi, Stop Loss is needed to preserve profit and loss.
However, it may rise along the uptrend line, so careful trading is necessary.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)