Get started

Aavebtc

A CUTTING EDGE Project - Insane potentialI won't go much into technicalities but more into project fundamentals. DeFi looks like it's going to explode in 2021 at only about a 30 Billion dollar market cap. It's basically in infancy. And for me, by the end of 2021, it could grow by tenfold. When it comes to AAVE, 3 billion dollars is locked into AAVE alone - It's the largest crypto DeFi project by market cap. The total supply is 16 million tokens, 3 million will be allocated to the AAVE ecosystem reserve. The inflation rate of about 1.2% per year. Aave is in the process of receiving the necessary licenses they need to make it possible for users to buy assets in Aave directly using fiat. Aave received the first of these licenses in July from the UK Financial Conduct Authority. Aave also received over 25 million dollars in funding from various venture capital firms in October 2020. The purpose of those funds is to bring in more institutions and expand Aave’s operations into Asia. That is why I think AAVE is not only going to be the largest DeFi project but one of the largest in the whole crypto market. Remember when Bitcoin was about $1000? ;)
FTX:AAVEUSDLong
by Pill_z
5
$AAVE $BTC | LONG - Watch The RetestHave has been one of the altcoins that has show strength versus Bitcoin during it's rally. Key moment here. Simply watching and waiting for a health retest. Healthy would be a strong rejection to the upside ideally forming a new higher high. Weak break below doesn't mean we wont see AAVE perform however one should be cautious as it will be heading towards the POC where price can tend to trend towards. A break below the POC and greatest area HV nodes on the volume profile will be a sign of weakness and likely setting a new low. Strong break of the support line means we're more likely to see this scenario. Be patient. No need to rush these trades. Lots of opportunities in these markets and there will be lots more in the future.
Long
by BullAndBearCrypto
1
$AAVE $BTC | UPDATE | Perfect response. AAVE will outperform BTCBINANCE:AAVEBTC Updating the previous Aave chart below. If you saw the last post on Aave you will remember that the most bullish scenario would've been a strong response from our entry level on the chart. We just missed the entry level by a few Satoshi's but if you were following you would've been able to jump in. This move is more evidence that $AAVE is going to outperform $btc at least for this market cycle and that's exactly what we want when trading spot.
Long
by BullAndBearCrypto