Aave (AAVE) - April 27 Hello?
Dear traders, nice to meet you.
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(AAVEUSD 1W chart)
(1D chart)
We need to see if we can climb along the uptrend line and move above the 437.866003 point.
If it falls, you need to make sure you get support at 379.429759
If you fall at 300.459751, you need Stop Loss to preserve profit or loss.
It remains to be seen if any movement outside the 253.495357-505.364160 range may emerge during the BTC volatility period.
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(AAVEBTC 1W chart)
(1D chart)
Bollinger Bands are converging.
Accordingly, we have to watch for movements that deviate from the 5734 Satoshi-7865 Satoshi section.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls in the 4798 Satoshi-5390 Satoshi section, Stop Loss is required to preserve profit and loss.
This is because the Bollinger Bands are converging.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Aavebtc
AAVE Primed and Ready for 2021The price of AAVE/BTC is currently consolidating in the lower band of a 10 month long parabolic trend. .0061 sats is the current support line and .0073 sats, the previous all time high from the last blow off top in September, is the resistance line. If it doesn't break resistance it'll test the local support line. However, I anticipate it will drop below that local resistance line down to .0049 sats, and possibly even .0040 sats. Fortunetly, that drop would be totally normal, and a healthy correction. Overall, the chart looks like people anticipate huge growth. It had two blow offs top within six months. Once a L2 solution successfully solves the gas fee issue, AAVE will go on an insane run. .015 btc in the summertime would be reasonable, if a L2 solution is successful by June. This is not financial advise. I am not an expert.
AAVE/USDT FREE SIGNALPair: AAVE/USDT
Type: Regular
Suggested buy-in: $415
Suggested Targets: $490 - $540
Suggested Stop loss: Right below the previous High Low - $340
I am not your financial advice. No matter how accurate something can be I always suggest that you do your own research and use your own risk management strategy. Use the above numbers as suggestions and not a rule.
Aave (AAVE) - April 17Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
We have to see if we can get support at 437.866003 and rise above 505.364160.
If you decline at 379.429759, you need a short stop loss.
If you go down at 300.459751, you need Stop Loss to preserve your profit and loss.
The next volatility period is around April 27th.
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(AAVEBTC 1D chart)
We have to see if we can get support at the 7167 Satoshi point and climb above the 7865 Satoshi point.
If you fall from the 6500 Satoshi point, you can touch the 5390 Satoshi point, so you need a Stop Loss to preserve profit and loss.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
AAVE: 50% dump done, now a 75% pumpAAVE has been through a very long consolidation after being overextended in the last bull run.
The correction has proven to be healthy and created a huge triangle; where AAVE now is attempting to breakout for 70/75% pump!
And against BTC, given alt season pervails, there is a 125% gain to be made... (ill post the chart later) - so of course you could consider some defi gold like AAVE :)
PROFILE
Check the links below for alts I am bullish on or check my profile. Good luck!
IMPORTANT
This is not financial advice, trade or invest based on your own risk and research.
AAVE ready to blow - Altseason 2021 part 2Another wave of Altcoins pump is coming and you don't want to miss it.
AAVE was one of the biggest winner in jan-feb for what we could call the first DEFI
parabola leg.
Bullish pennant about to breakout and it double bottomed.
The second leg should push it to targets on chart in the next 4 weeks. We are still at good entry and if
it should dip again I would just DCA (average buy).
Target 1 : 580$
Target 2 : 870$
AAVE/BTC - Bullish breakout! Not financial advice but someone sharing his trading diary! Make your own plans and you will do fine in the long run.
AAVE seems to have finished an abc correction and is getting ready to move up and start a new impulsive wave.
Pros:
- It bounced from a local 618 Fib + Monthly level.
- Market structure on the daily and weekly timeframe is changing.
- Oscillators have reset.
- Volume signature looks good.
Cons: Markets are under selling pressure.
Entry:
Aggressive: Laddering between 66-58
Safe: consolidation above weekly level: 69-67 (Watch Market structure on at least 4H TF change)
Targets: Paying attention to weekly / Monthly levels (chart) - I might leave a small part open and Compound in case a rally is confirmed.
Invalidation: a 4H or daily close below 50
Trading level by level and Risking 1% of the account
#aave #btc #technicalanalysis #chart # trading #idea