Aavebtc
Will AAVE extend the recovery?AAVE has reclaimed a previously invalidated daily bullish order block of $66.45 - $70.70 (red) and a support zone in July. The move could present extra gains to bulls if it’s defended.
Entry: $69
Take-profit: $75
Exit: $66.15
RR: 2
A drop below the July support will invalidate the bullish bias.
AAVE short setup After the breaking of dynamic resistance and formation of bullish CH, this symbol has moved up. It is now close to an order block. This block order is fresh and unused. You can look for sell/short positions in the red box.
I specified the targets. When we reach the first target, save some profit and then change the stop to entry
I specified the invalidation level, closing a 4-Hour candle above this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Area to break upward: 64.256-65.37Hello?
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(AAVEUSDT chart)
The key is whether the price can be maintained by rising above the 64.256-65.37 range.
The 64.256 point corresponds to the volume profile section of the 1W chart.
(1D chart)
I don't see any major support or resistance points.
Accordingly, if it rises above 85.7 among the currently formed support and resistance points, it is expected to show a full-fledged upward trend.
The HA-Low indicator and the MS-Signal indicator are rising and are showing signs of continuing to rise further.
Accordingly, if the price remains above 58.35, it is expected to lead to a move above 75.22.
What is important is whether it can break upward through the 64.256-65.37 range mentioned before on the 1W chart and 1M chart.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
The price hit the $90 resistanceYesterday also following the buying pressure created in the market, the price hit the $90 resistance, and if the support continues in the market and this resistance is broken with a strong bullish candle, the potential for further growth and movement toward the target. Next, it will be created in the resistance range of 100 to 106 dollars. This resistance is also another reactive level in this chart. But the main resistance and target in the medium term are considered at the resistance level of 116 to 121 dollars. The current resistance level is identified as a strong zone. Therefore, we expect the range trend to continue this week before any movement.
AAVE READY TO BREAKOUTAAVE tested the downtrend resistance for the 4th time, but now we will approach it with different market perspective after positive economic data in the US.
#DXY is likely to bounce up from its current support but it is still down trending especially after US inflation rate decreased for the 3rd time in a row.
Please make sure to set realistic TP and SL for this setup, I recommend:
SL: below $65
TP1: $100
TP2: $115
AAVE registered a bullish candlestickLast week, AAVE registered a bullish candlestick with a not-so-large body. The resistance that the price hit and reacted to is the $91.3 range. Also, this area has exactly overlapped with the ceiling of the medium-term descending channel, which could cause the price to have a correction towards lower supports this week. A trend change is observed in the daily time frame. Therefore, a pullback supported by 71.2 to 75.9 dollars can bring a positive reaction.
But more important support is considered in the $66.5. If weakness is observed in the uptrend, given the potential for a double ceiling pattern to form in the 4-hour timeframe, if the first support is broken, the support range of The second can bring a stronger reaction. Therefore, you can consider these two supports this week, because if there is a positive reaction to these levels, another upward movement can be formed.
Can break out of the downtrend in the short term...Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(AAVEBTC 1W Chart)
It must rise above 0.003598-0.005609 to release the rising power.
-----------------------------------------
(AAVEUSDT 1W chart)
If the price holds above 78.3, it is expected to turn into a mid- to long-term uptrend.
However, shaking it up and down is expected to cause the HA-High to fall.
(1D chart)
To continue the short-term uptrend, the price needs to rise above 86.4 to hold the price.
However, since the -100 indicator is formed at the 96.2 point, it is expected that the full-fledged rise will begin only when it rises above 96.2.
The most important thing is not to fall below 64.3, below the downtrend line.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
AAVE CAN GO UPPERHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the AAVE symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Aave formed huge bullish BAT | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Aave token with US Dollar pair.
Previously we caught a nice trade of AAVE:
Now on a 4-hr time frame, AAVE has formed a bullish BAT pattern.
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
The specified targets can be available to buyers!AAVE has increased in price over the past week. The ceiling of the descending channel intended for it was broken with buyer support, and the price continued to rise with a very shallow pullback to the $57 range. The resistance considered in the $63.5-66.6 has been associated with the reaction, but this range is expected to be broken and become support along with the next resistance of $69-70. In this case, the next targets of the buyers will be in the range of $80.
The range considered at $58-$63 could be a very good demand area for upside moves in the medium term if it turns into support. If we see the price rise to $80 resistance for this week, there can be enough strength and demand to continue the upward movement in the return and pullback to this support. For the short term, as long as the uptrend line drawn in the 4-hour timeframe is maintained, the specified targets can be available to buyers.
Selling pressure caused a sharp downward movement!AAVE took a sharp downward trend during the past weeks. This selling pressure caused a sharp downward movement from the resistance range of $95-100 to the monthly support in the range of $50, which is one of the sharpest drops in the trading history of this currency. Price-hitting monthly support has reacted positively, and a reversal candle has formed on the chart this week. Also, a hammer reversal pattern can be seen in the daily candlestick of the previous day.
But it should be noted that the price trend in the 4-hour timeframe is still bearish, and we can consider a channel for the price. In case of breaking the ceiling of the channel and pullback to it, we can expect price growth and a possible change in the trend. Also, the presence of several resistances in the path of upward movement can prevent price growth. Therefore, we can expect a range trend in this currency this week and next week. This range trend can be formed between the support range of $50 and the resistance of $65-70.
Aave formed huge bullish Shark for upto 32.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Aave token with BTC pair.
Previously I shared a long-term trade plan for AAVE as below, which is still in play.
Now on a daily time frame, AAVE has formed a bullish Shark pattern.
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
AAVE/USDT - SHORT ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
---------------------------------------------------------
⚡️⚡️ AAVE/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 79.92 - 100.0%
Take-Profit Orders:
1) 75.45 - 65.0%
2) 71.75 - 25.0%
3) 66.26 - 9.998%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
AAVE/USDT - SHORT -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ AAVE/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (3.0X)
Entry Orders:
1) 84.16 - 100.0%
Take-Profit Orders:
1) 82.77 - 70.0%
2) 80.88 - 25.0%
3) 79.83 - 5.0%
Stop-loss Orders:
1) 85.35 - 100.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
AAVE/USDT - LONG----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ AAVE/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 72.71 - 100.0% (103.824 USDT)
Take-Profit Orders:
1) 79.49 - 80.0%
2) 84.46 - 15.0%
3) 90.51 - 4.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)