Aavebtc
Aave AAVEUSDT - Elliott wave + Parallel channel- This is my Elliott Wave count. If you know about better EW count, let me know in the comment section
- I am expecting higher prices in the immediate short term
- Also the price is currently in this parallel channel + forming tripple TOP formation, great for breakouts to the upside
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Important Level! (AAVE / BTC)AAVE has an incredible performance since September 19'.
It is so close to reach "$1 Billion" market cap now.
It tested 0.0075 BTC in September 2020 which is its ATH.
Then it dropped back to 0.0020 BTC.
Since then it rose 125% up again and it broke its downtrend.
Now, we are witnessing a war between Bulls & Bears at 0.0045 BTC.
If the Bulls win this war, AAVE may test 0.0075 BTC again.
If the Bears win, we may see 0.0020s again.
So I'm Neutral now but I believe it won't take long.
Happy Trading! ☺️✌️😊
What do you think? Any comment? 👇👇👇
AAVE / USDT retest the ascending traingle Aave / usdt
🌟 Techincal analysis 🌟
After broke the ascending traingle pattern and retest the upperline .....
it did a good bounce on 4 h frame
If the support level /previous resistance (upper horizontal line of the traingle) hold
We can expect it to reach next targets in fibonacci soon
Good luck and happy trading 🌹
Aave AAVEUSDT - Channel + more downside- Aave is not looking good right now
- We can potentially see a bounce from a double bottom pattern
- The trendline is broken, which is overall always a bad sign
- You can profit by this drop by using Crypto futures market
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AAVE / BTC Demand ZonePrice of AAVE (ex. LEND) now in crash structure, melting down by -65% from ATH.
I think price will surge a little bit more down, usually crash patterns follows with -66 or -73 % drawdowns. So it will smart to wait for buy in demand zone and sell up to supply zone, as it most reliable resistance (pointers on the chart)
Lower Prices Looming For LENDUSD Since our initial analysis on LEND projecting a 20,0005 upside potential...
...price so far is following our rounded bottom formation with MACD showing increasing negative momentum.
We continue to watch for support at the horizontal level (blue line) over the coming weeks.
Do you trade LEND? Or just accumulate for the longer term? We're still undecided about adding LEND token to the SparksterSignals platform (link below). Insight from active traders is most welcome.
Note: SparksterSignals (including our technical analysis and our algorithmic backtested signals) are not provided as financial advice.
LEND buying opportunityPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
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AAVE double top formation played out nicely with a perfect touch of the neckline
- Blue zone is heavy support with three clear touches
- Blue zone coïncides with the golden pocket on the FIB extention
- MACD bullish crossover in the making
I would wait for a retest of the blue zone and accumulate between 4200 & 4400 sats to get a nice average cost.
I will set my stop loss right below the golden pocket (4000 sats), which is rather conservative.
Targets are:
TP1: 5400 sats (25%)
TP2: 6200 sats (just below the .272 FIB & resistance level)
TP3: 7100 sats (just below the resistance level
How do you feel on this pair?
This has been my canary in a coal mine I called this back in january. 100x move. i want to just study where this ends also what happens on retrace so I can better assess the other cryptos similar in timing