$AAVE Range ReclaimCRYPTOCAP:AAVE has held above its weekly accumulation range above $113.
Next target is midrange / 3M S/R at $380.
Second target is range high at $700.
AVEUSD trade ideas
Aave (AAVEUSD): Setting Sights on Long-Term GrowthAave (AAVEUSD): BINANCE:AAVEUSD
Aave is considered a very interesting cryptocurrency for us, both fundamentally and technically. We have concluded the overarching Wave II at $45.28. Since then, there has been a sideways movement, but it's essential to note that we are in the overarching Wave III. The minimum target for this Wave III is currently an 871% increase, which is a tremendous surge and is considered realistic over a very long-term scenario. This won't happen today, tomorrow, or even in the next few months, but it remains a highly interesting coin for the long term.
Currently, we are subordinately finishing up a Wave (1) and are in the process of completing Waves 3. Zooming in further, we are in the midst of completing the encircled Wave ((iii)). This should reach between 61.8% and 100%, equivalent to $132 and $163. After this, we should see a pullback for Wave ((iv)) before completing the overarching Wave 3. We will be looking for an entry for this Wave ((iv)).
AAVE ($USD) - AAVE has been moving sideways since 8th, August 2022, $107 acted as a stong Level of Resistance during this phase.
$107 - Has now been a broken and now is playing a role of a new support level.
A major Resistance was at the price of: $123, this major level of resistance hasn't been broken since (May 22nd, 2022) Now that is has, is a very bullish sign!
An upside correction to retest the - $169 mark is very likely. With BTC halving approaching soon, the attempt for "AAVE" to break my target level of resistance for one more time is realistic.
$AAVECRYPTOCAP:AAVE has been asleep for the last year in terms of price compared to other major altcoins. The situation is different when it comes to developments. They are very active there and that attracts capital. It is therefore only a matter of time before we see intermediate targets of $390-450. Our big target range in this run is $1189-$3039, but first, AAVE needs to turn the 0.618Fib at $454 into support.
Longer Term LookMonthly chart zoomed out gives us a good look at why AAVE is one to HODL. There are a lot of traders trading this daily. Looking at the daily chart shows repeating patterns of daily candlestick hammers which provide additional evidence of incredible bullish AAVE sentiment.
AAVE - ClasaICrypto - Long Term - AAVE is a decentralized finance (DeFi) protocol built on the Ethereum blockchain, providing peer-to-peer lending and borrowing services without traditional intermediaries. Initially launched as ETHLend in 2017, AAVE later rebranded and became one of the prominent DeFi projects.
Here are some key aspects of the AAVE protocol:
Lending and Borrowing: AAVE enables users to lend or borrow crypto assets using a collateralized system. This process occurs without traditional intermediaries, such as banks.
Liquidity Pools: AAVE utilizes a market model based on "liquidity pools," where users deposit crypto assets into a pool to provide liquidity and earn interest. Other users can then borrow crypto assets from this pool.
Flash Loans: AAVE introduced the concept of flash loans, allowing users to borrow crypto assets temporarily without requiring collateral. These loans are conditioned on their return within the same transaction, adding a high degree of complexity and opportunities for advanced traders.
AAVE Token: AAVE has its native token called AAVE. This token is used within the ecosystem for governance decisions and to participate in activities such as lending and borrowing. AAVE holders can also earn interest and other benefits.
Governance: The AAVE community of token holders has the power to propose and vote on changes to the protocol through the decentralized governance mechanism.
AAVE has had a significant impact on the DeFi ecosystem, contributing to its innovation and development. It is essential to note that the DeFi space carries associated risks, and users should be aware of them when participating in such protocols.
Cycle 2 complete?If yes, then this will make people rich.
However , this is just the bullish perspective.
corrective channel had been broken.
We are building series of 12 12 12....
The moment we see a first parabolic move, we will know that "whe should have longed before" feeling comes up.
every 12 needs its own 34....
AAVE - where will we when this resistance is cleared?CRYPTO:AAVEUSD hit an expected area of resistance in the 120-128 range. The thicker blue line is the volume weighted average price anchored to the October 2021 high. This AVWAP has been strong resistance ever since and this week has seen the first retest of this level since the end of 2023.
If price is going to continue higher I'd look for price to break above 128 and then retest it as support. The next likely area for heavy resistance should be the thicker green VWAP anchored to the all time high. This is trending toward the mid to high 150's, which aligns to a fib confluence zone in the range of ~146-155.
Two options for entries with favorable risk reward are:
Pullback to support of $114, initial profit ~138, stop ~108. R:R = 3.5:1
After a break above ~129 enter on a retest, initial profit ~153, stop ~124. R:R 4.3:1
I don't plan to fully exit after profits as a cycle high could revisit 230-255.
KOG CRYPTO - AAVEUSDWelcome all,
We're testing out some Crypto using our unique strategy and applying the algo. We're already running the test on this since last month so far running at 10% gain locked in.
It's a test at the moment, let's see how they perform.
As always, trade safe.
KOG
AAVE - Rectangle FormationAAVE has formed 2 year rectangle formation.
Need to have a bullish close above 110 and then stops can be placed below 90.
Goodluck!
AAVE Potential LongAAVE has been consolidating in this cup and handle pattern. Brekout can lead to potential retest of the ATH
AAVE Bullish signAAVE shows outstanding bullish reversal. Im going to BUY this token for < 100 per piece
AAVEUSD - Scalping IdeaAAVEUSD had broke local inner trendline, should go further to reach upper trendline. Stoploss should be place last lower swing low
AAVE BullishAAVE is showing bullish accumulation similar to that on btc at 35k that brought us up to 44k pretty quickly. This would only be negated by a confirmed lower low.
We hold this asset from the break of the right angled triangle and although it has been very slow in the past few weeks it seems as if it is shaping up for an aggressive upside move.
Trade is pretty simple, above 120 we could go straight to a minimum target of 160-170 and a hard target of 200. It's not my opinion, its what the levels show. You can see the full chart in detail below.
AAVE BULL RUN ALONG CRYPTOWith the recent stoppage in selling within the crypto market, I introduce an idea with AAVE and crypto overall.
During this trade, high volume in AAVEUSD COINBASE was noticed, along with a flag formation.
The entry is the CROSS-LINES HIGHLIGHT YELLOW, with stop loss red and green area for potential selling.
With Increasing ATR and volume , we can expect this move to continue to the upside until end of the month to reassess.
AAVE/USD 1w Longterm Bullish !AAVE/USD 1w Longterm Bullish !
In 2024, I expect a rise in the aave with the re-blowing of the de-fi wind. The halving period may be a correction, but when we look at the long term, I think the upward trend has started.
Indicator: Gaussian channel
AAVE/BTC 1w
AAVE/USD 1w Lineer
AAVE weekly chart update👀🚨AAVE weekly chart update
3 days left to see the weekly candle close👀🚨
Depending on that we might look at higher bullish prices - see Take Profit points 1,2,3 and4 with explanation
If this week turns out as a fakeout Aave should not lose $85
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
AAVEUSD #bullishSince reaching its lowest point in June 2022, AAVE has shown a consistent pattern of accumulation and range-bound trading, fluctuating between $107 and $48. This behavior indicates a strong setup for an upward trend.
Reasons for a Bullish Outlook:
The Relative Strength Index (RSI) on a weekly basis remains steadily above 50%, signaling strength in the market.
The price has been consistently consolidating above the 200-week Exponential Moving Average (EMA), suggesting a solid support level.
A breakout has been observed from a two-year downtrend, indicating a potential reversal in market sentiment.
The weekly EMA ribbon has turned bullish, further reinforcing the positive outlook.
Detailed analysis and additional insights are provided on the accompanying chart, highlighting these bullish indicators.
2 potentials for midterm
Additionally, for AAVEBTC, a significant point to monitor is the heavy resistance at 0.0026 sat. It's crucial to watch for this level and a breakout of the RSI above 54% on a weekly basis, which could indicate a strong upward movement
AAVEUSD: Overbought but can do one last spikeAAVEUSD got overbought on the 1D timeframe (RSI = 70.408, MACD = 2.580, ADX = 34.530) after the strongest two day rise of the current Bull market. The pattern is a Channel Up, which has long turned the 1W MA50 into Support and despite the overbought technicals, it can extend up to 1W MA200, which is the last Resistance remaining and the level that rejected the crypto on August 8th 2022 and May 30th 2022. As a result we will remain bullish up to 140.00 and then buy as it approaches the 1W MA50 near the 0.236 Fibonacci level. That buy's target will be the 0.618 Fibonacci (TP = 240.00).
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AAVEAfter breaking the range box in a higher time frame and then forming a bullish triangle, in case of breaking the ceiling of the triangle and pullback, you can enter for 2 TPs.
AAVE, Break out and bullish move eminent? Aave looks like it's building momentum that could break out of the bull flag/pennant. A break out of this formation could lead to $175 move in fairly short deration.
The technical trade is the break out and a hold of the break out. If it were to fall back in the zone it is considered a fake out.
Either way you cut it, AAVE is good price here for long term growth.
Let me know what you think AAVE and this analysis down below.
Kind regards
WeAreSat0shi
Place your bets for AAVEAs we venture into the year 2024, the trajectory of the markets and the global economy remains shrouded in ambiguity. AAVE has surpassed my projections for 2023, defying my anticipation of new lows for AAVEUSD by the year's end. Although we have witnessed new lows for AAVEBTC, I sense that we might be on the brink of significant surprises, either positive or negative, especially considering the upcoming election year. The forthcoming months appear to be pivotal in shaping the future course of this market cycle and beyond. Place your bets!
