AAVE/USD - potential 83% setupHello, Traders!
AAVE is the market leader in the Defi altcoin market.
The asset is currently consolidating after rising in the $408-$538 range
In a retracement, you could try to buy the asset on a pullback in the range between $422 - $454
Stop Loss should be placed at $392
Targets on Fibonacci extension levels based on trend
$538
$566
$638
$682
$798
Good luck and watch out for the marekt.
P.S. This is not a piece of financial advice but only trade I would be following myself
AVEUSD trade ideas
AAVE// Bat Formation 🦇Bat formation printed on AAVE finding support around 405. There was quite a pullback in the Alt world today, with BTC.D looking to appreciate a bit more.
Most pairs I look at are spiking off of support levels so I'm not entirely certain what market conditions will hold.
Best thing to do is....nothing.
If Aave shows me some convincing PA, I'm willing to take a quick scalp. Looking for a retest of the green zone and I will go from there. If price doesn't come back to my preferred level I wont chase it.
Previous Analysis linked.
AAVE // Gartley + W PatternEntered a buy after price completed a Gartley Pattern outside the broken TL and strong support. Looking for price to complete either a Cypher or another Gartley. Will be looking to take profits at the Midline since that will be the closest area of resistance, leaving some money on the table but peace of mind, which is priceless.
AAVE 2.17.21Is the punishment over for moonboys? OMG is it going to break 400 plz no more no mas . Yes welcome to cryptoland. Where 30 percent shakeouts are your everyday holiday occurence. Nothing like a good ol Valentines slap in the face when you go to check your portfolio. AAVE has alot of bullish news but also got alot of overhype lately. Its likely to test this range and fill it out. This would be completely healthy and needed. Its probably not a bad place to accumulate or if you are up maybe even take a small profit and move it into something else. I'm still holding strong and i will be riding this one out until at least mid spring summer before i look to sell any. I am selling based on specific time points. LONG TERM up. Bitwise just made defi accessable to institutional investors and aave , i believe, makes up 25 percent of the total index. like i said too much hype and needs to cool off and get moonboys who ran in bc Mark Cuban had it and they decided to buy ATH. Quite hilarious honestly.
AAVE long term $1K+ this chart has been active since DEC 2020I have been holding AAVE for the long term Bought in at around $280-340.
This is a DEfi Coin that has great market cap similar to MKR (Maker) which has been hovering around $2500-2700 from a bounce of $300.
I believe with the rise in DEFI dut to BTC dominance and Loans we will see it rach $1K+
AAVE Maria Those Are Big Gains! (45% incoming)AAVE has big things in store for those who are patient and who have strong hands. And by big, I mean whopping 45% gains! We just need to make sure it doesn't bust through the downside trendline support before departing the charting pattern. As long as it rides the rails we're good. Consider entering a long position after re-testing and, of course, utilizing a prudent stop-loss upon lift-off. Good luck and safe trading to all!
KING AAVE 2.14.21It has been spooking ALOT of ppl out. HOW LOW WILL IT GO? IS IT ALL OVER? AAVE IS GOING TO 300, 200. blah blah. I dont see that here and if it did it would be bought back up so fast it would probably kick off the next leg up. All i see is a much needed structure beings built for the next run up. I'm looking to buy more. The entire market is very stable. Alts are only getting punished bc of bitcoin dominance. We know bitcoin dominance is in a downtrend but it could have a time in the spotlight and give alts a break. Either way long term DEFI is going much much higher. IF cardano can hit 30 billion then i have no doubts that AAVE will hit that as well and probably closer to 90 billion by the time of the end of the year. It wont be easy. WHALES LOVE THIS ONE. Plus it got alot of attention lately and maybe was overyhyped short term look for consolidation before moving up higher.