AAVE - 20% Higher After our Post YesterdayWe like to trade these breakouts, especially when they are backed with strong fundamentals (news).
Yesterday's post:
News:
AAVE Soars by More Than 11%
AAVE, the native token of the Aave Protocol, is one of the top performers amongst the leading 100 cryptocurrencies by market cap. The token’s price has soared by more than 11% over the past 24 hours and is primed for further gains.
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Aave protocol is a decentralized finance (DeFi) platform on the Ethereum blockchain. It is a decentralized, open-source, and non-custodial money market protocol where depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity provided by the pools.
AAVE has been rallying over the past few days following weeks of negative performance. The rally comes following the protocol’s recent adoption by Swiss-based SEBA Bank. SEBA Bank submitted a proposal to the Aave Protocol team two days ago, seeking to become whitelisted on Arc. Arc is the institutional platform developed by the team behind DeFi lending protocol Aave.
By getting whitelisted on Arc, SEBA Bank wants to allow its clients to gain broader access to the Aave platform. Due to regulatory challenges, SEBA’s institutional clients have been unable to deploy liquidities at a large scale in Aave until now. SEBA is one of the largest digital banks in Switzerland, and the adoption is huge news for the Aave ecosystem.
One Love,
the FXPROFESSOR
PS. AAVE is Professor's favorite Defi
Aave
MONERO Daily TA : 12.23.21 : $XMRAs we can see, the price is in an important range and recommended to keep an eye on it ... 😉
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 23.DEC.2021
⚠️(DYOR)
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COTIUSDT Daily TA : 12.23.21 : $COTIAs we can see, the price is in an important range and recommended to keep an eye on it ... 😉
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 23.DEC.2021
⚠️(DYOR)
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1INCHUSDT Daily TA : 12.23.21 : $1INCHAs we can see, the price is in an important range and recommended to keep an eye on it ... 😉
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 23.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
AAVEUSDT Daily TA : 12.23.21 : $AAVEAs we can see, the price is in an important range and recommended to keep an eye on it ... 😉
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 23.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
🔥 AAVE Bullish Wedge: Climax IncomingSince the massive drop in May, AAVE has been trading inside a falling (bullish) wedge pattern.
With Bitcoin seeing a minor reversal, alts are front-running the reversal and seeing vertical bullish moves. AAVE is one of them.
I'm expecting that AAVE will continue to go up for the next few days. First major area of resistance is going to be the top resistance of the pattern, see the yellow area.
If BTC manages to get more bullish momentum, we're going to see a break out. Targets at $335 and $400. In case of a more bearish BTC, expect a reversal from the yellow area.
Happy trading!
💡Don't miss the great buy opportunity in AAVEUSD @AaveAaveTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (218.2).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AAVEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 81.
Take Profits:
TP1= @ 250.6
TP2= @ 268.6
TP3= @ 288.6
TP4= @ 317.7
TP5= @ 344.9
SL= Break below S2
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💡Don't miss the great buy opportunity in AAVEUSD @AaveAaveTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (218.2).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AAVEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 81.
Take Profits:
TP1= @ 250.6
TP2= @ 268.6
TP3= @ 288.6
TP4= @ 317.7
TP5= @ 344.9
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AAVE LONG BINANCE:AAVEUSDT
1- The price is above the level of 61.8% Fibonacci.
2- It has also crossed the descending line in 4h time frame.
3. Makdi histograms are also growing after several weeks and have issued their ascending signal in the last few days.
4- In rsi, there is a break of the trend line and crossing level 50.
I expect the growth to be around $ 260 if the candle stabilizes in this area.
AAVE - 4 Flights from This Level (5th inbound?)Sometimes the chart does all the talking. This is exactly the case here.
This can be the fifth time that the price just explodes from here to higher.
NEWS:
Switzerland-based bank SEBA is keen on bringing institutional clients to the new DeFi platform Aave Arc. SEBA has submitted a proposal to Aave Governance for the same. The DeFi protocol’s token AAVE rose strongly on the news.
Institutional clients prepare to pour liquidity into Aave
DeFi is at the centre of Swiss Bank SEBA’s strategy for its institutional clients from Switzerland. The bank is aware of the rising demand for Aave from institutional investors and is prepared to offer access to new opportunities in DeFi through Arc.
Fundamentals and technicals agree: AAVE can fly AGAIN!
One Love,
the FXPROFESSOR
AAVEUSDT :The potential H&S pattern in 4hIn AAVEUSDT 4h chart
There is a potential H&S pattern and the pattern is not perfect , but it is still higher low .
If price breakout the neckline and stand firm,trading strategy as below .
SL:167.2
TP1: 216.5
TP2: 221.6
TP3: 232.5
TP4: 250.2
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AAVE is ready to get pulledHello traders!
This is a correct time to invest in AAVE as this pair is already 70% down from its All-time High and it has already formed a pullback pattern which will take the price above 300$ value.
There are two more supports but the pullback pattern is formed from the first S/R level so we are expecting the AAVE to go back above the S/R level.
This investment will give 60% gains in few days.
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AAVE in accumulation scheme, wyckoff analysisDo you like this crypto trading idea?
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🔰 Attention about this analysis
This is my personal idea and analysis only.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
Today the day of breakout for AAVE ?!Today the day of breakout for AAVE ?!
These current RSI levels of Aave have been very good entry-points into the market.
A conformation by breakout of the red RSI resistance channel should be considered.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*no financial advice
do your own research before investing