#AAVE, Looking for a break over ~430k sats as continuation...#AAVE
Looking for a break over ~430k sats / descending trendline as continuation... (Volume looking weak for now)
UCTS showing buy signals on the 1D and lower timeframes..
If happens, looking for ~540k sats as target (20% from current level)
#AAVE
Aavebtc
AAVE:BTC Best odds in the market. 80% chance to make 40% profitHigh probability "Reversion to the mean" trade. As long at the pivot holds there is an 80% chance that the price will return to the median line. This is a solid trade. Almost 1:2 Risk : Reward.
Entry: .003322
Stops: .0025910
Target: .004639 (the longer this takes to play out the higher the target)
Never Trust. Verify.
D.Y.O.R . Not Financial Advice, this is my trading journal.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
AAVEUSDT - Potential breakdown 🔽AAVEUSDT is testing the major ascending channel resistance as shown in my previous analysis .
RSI is printing a bearish divergence signal.
Price action printed a rising wedge pattern and price brokedown below the wedge support.
Price action is printing a descending triangle pattern.
Sell entry ⬇️ - breakdown below the descending triangle support.
Target 🎯 - Support levels.
Setup invalidation ❌ - breakout above the descending triangle inclined resistance.
💡Don't miss the great buy opportunity in AAVEBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.003130).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AAVE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.004000
TP2= @ 0.004520
TP3= @ 0.004950
TP4= @ 0.005570
TP5= @ 0.006320
TP6= @ 0.007570
SL= Break below S2
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💡Don't miss the great buy opportunity in AAVEBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.003130).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AAVE/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 0.004000
TP2= @ 0.004520
TP3= @ 0.004950
TP4= @ 0.005570
TP5= @ 0.006320
TP6= @ 0.007570
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 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 ❤️
AAVEUSD (Waiting for the Resistance Zone Breakout)#AAVEUSD Technical Analysis Update
Waiting for the Resistance zone Breakout in 4h chart
AAVE/USD currently trading at $89.60
LONG ENTRY: Above $100 (Only enter long if 4 h candle close above $100)
STOP LOSS: I will update once I see the Breakout
Max leverage: 3X
ALWAYS KEEP STOP LOSS...
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Aave Double Bottom on 1 hr chart BINANCE:AAVEUSDT Double Bottom on 1 hr chart
RSI pushing bullish divergence on the lower time frames
BINANCE:BTCUSDT is consolidating in a triangle pattern
It seems like a low-risk trade too long Aave at these dips
Entry price - $78
Stop Loss - $75
Take profit:
TP1: $85 - 0.618 Fib Retracement
TP2: $90 Previous high level of confluence
AAVEUSDT - Possible price actions AAVEUSDT is printing an ascending channel on the 30M timeframe.
Price is testing the ascending channel support.
Price action is printing a descending triangle pattern.
Bullish ⬆️ - breakout above the descending triangle resistance + previous swing high.
Bearish ⬇️ - breakdown below the descending triangle support + ascending channel support.
AAVEBTC completing final leg of bullish Shark | Upto 205% moveOn daily time period chart, the price action of Aave (AAVE) is completing the final leg of bullish Shark and soon it will be entered in the potential reversal zone. At this time price action is breaking down 100 SMA and on breaking down 200 SMA this move will be confirmed.
Buying And Sell Targets:
The buying and sell targets as per Fibonacci sequence of Shark pattern should be as below:
Potential reversal or buying zone: 0.002075 to 0.001375 btc
Sell or Fibonacci projection zone: 0.002741 to 0.004201 btc
Stop Loss:
The potential reversal zone area that is up to 0.001375 btc can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 205% and as per the above-mentioned stop loss, the loss possibility is 33.8%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.