Is AAVE Ready for a Massive Breakout?
Updated
Yello, Paradisers! #AAVEUSDT's price action suggests we might be on the verge of something big — don’t blink!
💎#AAVE is starting to pick up strong bullish momentum. Currently, it’s trading within a converging triangle pattern, and with increasing volume session after session, it’s clear that more market participants are getting involved. This signals rising interest, and where there’s interest, there’s opportunity.
💎AAVE is soon expected to test the triangle resistance at 138$ level. If bulls can break cleanly above this level, price is looking at an initial move towards $143.80, followed by a potential push to $153.75. But that’s not where it ends — the pattern’s targets suggest a broader aim towards $165 to $175. That’s likely where the current trend could see its conclusion.
💎On the support side, AAVE is being guided by the EMA-32, which is acting as a dynamic support and trend driver, currently positioned at $122 and climbing steadily. Additionally horizontal major support zone rests between $120 to $115 levels. This is where sellers have made several failed attempts to break through. This failure highlights the strength of this level.
💎As long as $115 holds, AAVE’s bullish momentum is likely to continue.
Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities!
MyCryptoParadise
iFeel the success🌴
💎#AAVE is starting to pick up strong bullish momentum. Currently, it’s trading within a converging triangle pattern, and with increasing volume session after session, it’s clear that more market participants are getting involved. This signals rising interest, and where there’s interest, there’s opportunity.
💎AAVE is soon expected to test the triangle resistance at 138$ level. If bulls can break cleanly above this level, price is looking at an initial move towards $143.80, followed by a potential push to $153.75. But that’s not where it ends — the pattern’s targets suggest a broader aim towards $165 to $175. That’s likely where the current trend could see its conclusion.
💎On the support side, AAVE is being guided by the EMA-32, which is acting as a dynamic support and trend driver, currently positioned at $122 and climbing steadily. Additionally horizontal major support zone rests between $120 to $115 levels. This is where sellers have made several failed attempts to break through. This failure highlights the strength of this level.
💎As long as $115 holds, AAVE’s bullish momentum is likely to continue.
Play it smart, Paradisers. In this market, patience and discipline are key. Stay focused and ready to act on the best opportunities!
MyCryptoParadise
iFeel the success🌴
Trade closed: target reached
Another win! #AAVE up 18.70%, as forecasted!
AAVE is still very strong and could continue to head higher deeper into the resistance.
The only serious crypto trading company on the web⏐MyCryptoParadise.com
FREE Telegram Channel - t.me/+skqKdwnfH2xmNTU0
Get FREE Market Insights or start trading like a PRO inside ParadiseFamilyVIP🎖️
FREE Telegram Channel - t.me/+skqKdwnfH2xmNTU0
Get FREE Market Insights or start trading like a PRO inside ParadiseFamilyVIP🎖️
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.