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Aaveusdt

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.
by MonoCoinSignal
2
AAVEUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for AAVEUSDT In the current chart, there is R2 that used to be a support area. R1 is our resistance area which contains the disability of the price to rise. And S2 used to be another resistance line and S1 is a long-term support area. Thus, we have the price fluctuating over S1 and our expectation would be a rise to the height of R1 and there we should wait for the fluctuation of price over R1. In case this happens, more rise will be predicted for the price to some higher amounts. Even it is less probable that the price loses the support at S1 and experiences more fall down there. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
10
AVVEUSDT|It could be an interesting deal!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Friends from the past long, the signal has worked by 19% and look what is happening at the moment... The chart is now striving again to come to the $82-84 zone, from there you can try to gain a long position again with minimal risks, be careful, bitcoin is now behaving albeit less volatile, but still be careful! Also note that the asset came for confirmation of the line of the thread and was already able to rebound from it, I expect a true breakdown and a trip to the $82-84 zone, where I will consider LONG with risks of no more than 1.5%
Long
by DanilBlinkov
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)
Short
by Mahdicryptodotma-pro
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)
Short
by Mahdicryptodotma-pro
4
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)
Long
by Mahdicryptodotma-pro
AAVEUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 125 and ~150 after first target reached move ur stop to breakeven Stop: ~49 (depending of ur risk). ALWAYS follow ur RM . Risk/Reward: 1 to 3 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
3
#AAVE : A possible 80% Profits in the MidTermAave (AAVE) has been on a bearish run throughout the year, with the price decreasing by around 85% in the first two quarters. The price of AAVE went as low as $45 in June, which was the lowest in almost 9 months. Nonetheless, after finding support in that area, AAVE started to increase. During the summer months of this year, AAVE increased by around 160%, indicating a reversal in the long-term trend. Still, the price encountered resistance at around $115, and it has been on the decline ever since that. Recently, the price of AAVE has been on the rise. In the last few days alone, AAVE has increased by around 30% considering the lowest price at around $64 on October 13, making it one of the best performers of the week. This increase shows that AAVE has penetrated the upper trendline of the descending wedge, indicating that the trend could reverse in the coming weeks. But before making predictions on how AAVE may perform in the short run, we must look through technical and fundamental factors that may affect the price of AAVE. Aave (AAVE) Technical Analysis As can be seen in the AAVE/USDT 1-day chart, the price of AAVE had a breakout of at least 10% in most exchange platforms, which hinted at a potential bullish reversal in the chart. While the long-term chart still remains bearish for AAVE, the recent price movement has significantly improved the market sentiment. AAVE traders were quick enough to withdraw funds due to the recent increase since the selling pressure has slightly increased. This created a resistance structure at $84 which is the 38% Fibonacci price level. Currently, AAVE is on the verge of retracement after the bullish candle creation on the 1D chart, other things equal. Fibonacci retracement levels of the recent price movement suggest that the price of AAVE could have strong support at 23.6% and 38% levels, respectively. Indicators The fear and greed index of the 1-day chart suggests that AAVE traders suggest that the index has slightly improved. There is still extreme fear in the market, however, given the current state of BTC and other altcoins. The RSI of a 1-day chart suggests that it has significantly improved recently. It is above 50, meaning that the buying pressure is relatively high and that there is space for growth for AAVE in the coming days. The MACD line of a 1-day chart is above the signal line and the baseline due to the recent increase in the price. The current momentum is bullish for AAVE, but the lines may soon converge if a retracement occurs. The 20-Day MA is below the current price of AAVE, meaning that the trend is now bullish, other things equal. The same applies to the 9-Day EMA, which could also act as a natural support to the price of AAVE if the latter retraces. Aave (AAVE) Fundamental Analysis Recently, Justin Sun, the founder of Tron, reportedly withdrew around $50 million worth of USDT from the Aave ecosystem and transferred them to a Poloniex-funded address. Because of that, the total supply of USDT in the AAVE/USDT pool has declined to around $250 million, which could be alarming to AAVE whales. To give a little more context on this, Justin Sun was banned by the Aave ecosystem after someone reportedly sent 0.1 ETH to his address from a suspicious wallet from Tornado Mixer. Many expected that this could have a negative impact on the price of AAVE since someone such as Sun is highly influential. To support this, Huobi Token has grown massively recently after it was announced that Sun is officially involved with the project. However, the price has instead increased recently. Therefore, this suggests that AAVE is simply not that affected by “big game” influencers. In other news, Aave is launching its own stablecoin known as GHO. GHO aims to solve the stablecoin trilemma of capital efficiency, price stability (collateralization), and decentralization. AAVE Price Prediction Based on this price analysis on Aave (AAVE), the price of AAVE could increase in the coming couple of weeks if not days due to the recent price breakout. We could expect the price of AAVE to aim for $115 and $147 in the coming weeks depending on the overall market trend, other things equal. Takeaways • Aave (AAVE) has increased by 30% in the last few days. • Recent AAVE price breakout hints at a possible bullish momentum for the coming weeks. • Justin Sun reportedly withdrew $50 million from the AAVE blockchain. • Aave is launching its highly anticipated stablecoin, $GHO. • AAVE could aim for $115 if not $147 in the coming weeks.
Long
by cryptotalk_et