AVEUSD trade ideas
AAVE: Markup ImminentAAVE is prepping to go the distance. All the forensic whale signs are there: stealth absorption, accumulation spikes, secret supply sell-offs to maintain low trading range volatility (so as to not cue the retailers of a pump). All that to say this: I'm buying the bloody candles right alongside the whales, and I plan to dump my AAVE on the same retail traders they're going to. It's the way of the predator: the scorpion and the frog. Hey, at least I'm upfront about it lol.
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AAVE Levels Im watchingWill be playing these levels on AAVE.
Would like to be patient and wait for a retest of $350 area and buy hard. If we aren't gifted another pullback here, I'll wait for s/r flip of the $430 area to buy. Buy support, sell resistance, ezpz.
Looks like this could be a lot of fun over the next couple of months.
AAVE/USD - potential 78% setupHello, Traders!
AAVE is exiting the active trading range of $298 - $418 and prepares to continue the market cycle.
Last time the flat movement lasted 55 days and resulted in 530% growth.
The current flat movement has lasted for 60 days, which gives us a trigger for action.
We can consider opening a position in the range of $382 - $418
Stop Loss might be placed under $324
Targets according to Fibonacci levels:
$450
$565
$638
$682
Good luck and watch out for the market.
P.S. This is an educational analysis that shouldn't be considered a financial advice
Birds of a feather die together - Aave and Polygon descendingAave and Polygon have been working together recently, maybe it's because they've both been on a descending triangle of doom. The chart indicates that both companies are poised to head lower. The stochastic indicators point to a correction down to a new support level. Aave has made three strong pushes into the roof and failed to break the pattern, it's time for the Elliot, 3,2 three up and two down.