AAVE │ 26.01.2025
Coin: 
AAVEUSDT.P
Trade Setup
Key Level: 324.26
Conditions for Level Breakout:
Comment
If the instrument calmly accumulates above the level, and the approach to the level is not accompanied by high volatility, I will wait for my entry point into the market.
If something goes against the scenario, I won’t open the trade.
Right now, it’s crucial for the instrument to move sideways calmly without making any sudden moves.
It’s also worth remembering that today is a weekend, and the market is not as active as on weekdays.
My Understanding of Trading
The exchange market is a battlefield between buyers and sellers, each trying to buy low and sell high. Market movement occurs from one key level to another.
My job is to identify these levels and determine who is stronger at the moment: buyers or sellers.
I use Binance futures data for analysis and trade based on the "level breakout" strategy. In my posts, I describe the scenarios I expect to see on the chart. If the market matches the scenario — I open a position, if not — I stay out of the market.
My approach is not based on luck, but on a deep understanding of the market and its movements. If you find this approach useful, follow me to receive high-quality trade ideas and join the conversation!
Disclaimer
This is not financial advice, just trading ideas based on my personal analysis. All decisions are made at your own risk, and I am not responsible for any outcomes.
AAVEUSDT.P Trade Setup
Key Level: 324.26
Conditions for Level Breakout:
- Yesterday's close was not far from the level.
- The close was at the very bottom.
- The instrument was not allowed to move upward (24.01.2025).
- There is ATR reserve.
- The level has been clearly confirmed twice.
- After the false breakout, there was no strong correction.
- There is strong accumulation.
- pre-breakout base is forming.
Comment
If the instrument calmly accumulates above the level, and the approach to the level is not accompanied by high volatility, I will wait for my entry point into the market.
If something goes against the scenario, I won’t open the trade.
Right now, it’s crucial for the instrument to move sideways calmly without making any sudden moves.
It’s also worth remembering that today is a weekend, and the market is not as active as on weekdays.
My Understanding of Trading
The exchange market is a battlefield between buyers and sellers, each trying to buy low and sell high. Market movement occurs from one key level to another.
My job is to identify these levels and determine who is stronger at the moment: buyers or sellers.
I use Binance futures data for analysis and trade based on the "level breakout" strategy. In my posts, I describe the scenarios I expect to see on the chart. If the market matches the scenario — I open a position, if not — I stay out of the market.
My approach is not based on luck, but on a deep understanding of the market and its movements. If you find this approach useful, follow me to receive high-quality trade ideas and join the conversation!
Disclaimer
This is not financial advice, just trading ideas based on my personal analysis. All decisions are made at your own risk, and I am not responsible for any outcomes.
Trade active
The price approached the level too quickly – I don’t like that. There should be a pre-breakout base.
I didn’t open a trade but continue to monitor the asset.
A local level has now formed at 321.64 – it’s far from the main level but could work if the stop-loss is placed just behind it.
I will only open a trade at the 321.64 level if the volatility decreases, as it is currently very high, and if a pre-breakout base forms.
Note
Bitcoin is very volatile =(Note
Currently, it's very close to the local level of 321.64, but the volatility doesn’t suit me.
I won’t open any trades, even if I see AAVE drop significantly tomorrow, as it goes against my trading rules.
Trade closed: target reached
Switched to the 1-minute timeframe, and there’s a nice, calm approach with a confident move toward breaking the level.
Closed the trade. Profit-to-risk ratio: 7 to 1.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.