AAVE Price PredictionGrayscale expressed concerns over the potential impact on the Ethereum Merge, especially on tokens that run natively on Ethereum:
The Merge may lead to a fork that might have unexpected and unfavorable outcomes and a scenario where stablecoins and tokens locked in smart contracts might not be redeemable.
Token and stablecoin holders might panic and start liquidating their holdings.
In this context, price target for AAVE is $47.
Looking forward to read your opinion about it.
Aaveusd
✅TS ❕ AAVEUSD: consolidating✅✅AAVE is moving in a downtrend. The price is consolidating right now. After the consolidation is completed, we can expect the fall to continue.✅
🚀 SELL scenario: short below the support level.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
AAVEUSD ❕ broke down the ascending wedgeAAVE has broken down the upward wedge and almost reached a potential target after exiting the pattern.
On the 4H Timeframe, all major indicators indicate oversold.
The trade is dangerous, but we can profit if AAVE manages to fix above the support level after testing it with a false breakout.
AAVEusdt 6H TA: Bullish Or Bearish?According to the chart, I determined the support and resistance areas and as long as the trend line is maintained, we expect the price to increase, but if the price closes below $90, a downward trend will be formed.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
AAVE bear flags, near resistance, and approaching an ATL!Im fairly new to utlizing fib retracement in my analysis, but ive been having fun learning! In the same respect, the new learning process has pushed me to begin publishing ideas. I hope this can serve to help others, while progressing my own studies as well (comments and criticism very welcome!!)
Now onto AAVE!
More recently, AAVE posted a nice big bear flag . As it hit resistance within this channel, the flag played out as expected. The price actually dropped fairly close to an All Time Low!! Not surprisingly, support in that final range held strong, and pushed AAVE into another steady upwards trend.
This trend resembles another bear flag in the making. And as AAVE begins to approach the same resistance that pushed it back once before; I predict we could see a similar scenario play itself out. (perhaps even bringing AAVE closer to its ATL!!)
ill be keeping an eye on that resistance level to see how she reacts. A break upwards, a healthy pullback/retest, and a nice strong pump is what id like to see!!
As usual, my bearish sentiment stays stronger in lieu of market conditions and macroeconomic factors.. If this doesnt break through, we could potentially see a dip down closer to AAVE's ATL (i would be taking a long position at this point..)
That being said, we could very well break through this resistance level . ALT's have been quite dominant, and with a possible rally around the corner; anything is possible.
Personally, i dont believe geopolitical and macroeconomic situations have improved enough to warrant a major rally, so I expect more downside. Mind you, ill welcome the relief rally when it hits and ill be here celebrating with the rest of you!!
Good luck everyone,
Update: AAVE and the $100 - comparison of 2020/21 and 2022AAVE and the $100 - comparison of 2020/21 and 2022
End of 2020 / beginning 2021 AAVE broke $100 after some daily rejections before - MA Ribbon was green at that time
Beginning May this cryptocurrency fell through this important mark and the two breaks through $100 were fakeouts - MA Ribbon was red at that time
Yesterday we had a beautiful breakout above $100 - MA Ribbon is green !!!
Today and the next couple days will decide if fakeout or real breakout
What do you think dear Crypto Nation? Love to read your comments
*not financial advice
do your own research before investing
Aave (AAVE) - August 11Hello?
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(AAVEUSDT 1D Chart)
Whether the price can be maintained above 81.3 is the key.
This is because 81.3 or lower is likely to be a mid- to long-term investment area.
If it rises above 124.5, it is likely to move higher.
The 178.0-228.0 section is a trend-determining section, and attempts to ascend to this section are expected.
Therefore, in order to continue the uptrend, it is important to gain support above 124.5.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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AAVE and the $100 - comparison of 2020/21 and 2022AAVE and the $100 - comparison of 2020/21 and 2022
End of 2020 / beginning 2021 AAVE broke $100 after some daily rejections before - MA Ribbon was green at that time
Beginning May this cryptocurrency fell through this important mark and the two breaks through $100 were fakeouts - MA Ribbon was red at that time
Today the next trial is running - MA Ribbon is green !!!
What do you think dear Crypto Nation? Love to read your comments.
*not financial advice
do your own research before investing
AAVEUSDT: Wedge & Growth OpportunitiesAn excellent medium-term trading plan on AAVE.
The prolonged downward correction in wave B seems to be over.
At the moment the price has formed a strong upward impulse in the form of a wedge pattern for 1 wave.
Locally, the price is correcting in the assumed wave B (in wave 2).
I plan to open a short position at the completion of wave B in order to win back the decline in wave C (in wave 2); the profit-taking target is 75.
At the completion of wave C (in wave 2), I will close the short position and open a long position, with the goal of taking profits at a minimum of $300.
Good luck to you)
AAVE/USDT - Potential Short ScenarioHello Traders!
AAVE continues to move within the descending trend completing the falling phase.
It is possible to assume that correction to the basic movement to gather liquidity near the $104 is finished. Thus further, it is possible to expect a continuation of descending pricing.
The set of medium-term purchases can be started in parts in the price range of $30 - $54 after the price leaves under the support level of $54.
Targets of such purchases will be price levels of $104 and $164
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
AAVEUSDT Short steup!AAVEUSDT Technical analysis update
AAVEUSDT currently trading at 86.70
AAVE formed head and shoulder pattern in 1h chart and rice already broken its neckline. I'm expecting a drop from the current level.
Short Entry: $86.50 - $88.40
Stop loss : $93.40
TP 1 : $82.40
TP 2 : $77.50
TP 3 : $70.00
Max leverage : 2x
Always keep stop loss
Thanks
Hexa
AAVEUSDT - Could Easily +200% 🚀Hi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
A quick look at AAVE / AAVEUSDT in this short video analysis.
From these examples, we can see that this altcoin is no stranger to parabolic mid-cycle moves:
It's important to note that even though the technical indicators Phoenix Ascending together with Fibonacci Retracement Bollinger Bands seem very bullish , it's not usually a straight line up. This progress is followed by some corrections and pullbacks during a bull market.
Other Crypto Markets :
💥 Overall, most crypto remains in a tight range between local support and resistance zones
💥 Bitcoin BTC reclaims $20500 resistance zone
💥 Ethereum ETHUSDT reclaims $1200 as it follows BTCUSDT up
💥 Cardano ADAUSDT trades lower, moves back towards .40c support zone
💥 DOTUSDT Polkadot looks ready to try $7 resistance zone
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AAVEUSDT 1D Buyers are trying to break the downward trendToday, the trading pair AAVEUSDT is on review
From May 2021, when the price of AAVE recorded its maximum of 668 dollars, a downward trend began, which has been going on for more than a year.
In the last trading month, AAVEUSD buyers have been trying to break the downward trend. The struggle between buyers and sellers began on increased trading volumes, and the rebound from the bottom was +80% at that moment.
But there is still a lot of work, because only in the downward channel the range of price movement is 250%
In the coming days, we allow the possibility of continued growth to $89-95 , and possibly even to 115dollars per AAVE.
At these price levels, sellers should become more active in the future in order to force buyers to fight for the middle of the downtrend channel and show who currently has more strength and capital.
Well, depending on the results of this battle, the blue or red price route will be activated, you just have to watch carefully.
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