Aaveusdt
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 ,(AAVE/USDT analysis) 📈📉Hello Crypto community Welcome to this introduction for another crypto project.🚀
🔹Rank #42,/ kind : Token \\ max Supply: 16,000,000/// Circulating Supply:13,979,630.30 AAVE (87%) ====> Great✅
Market Cap:$1,358,911,998\\ Fully Diluted Market Cap : $1,555,450,613===> Great ✅
Total Value Locked ( TVL ) :$5,167,524,452\\\ Market Cap / TVL Ratio:0.2631 ===> Great ✅
🔰What Is Aave (AAVE)?
Aave ( LIQUIDITY PROTOCOL) is a decentralized finance protocol that allows people to lend and borrow crypto.
Lenders earn interest by depositing digital assets into specially created liquidity pools.
Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.
Coinmarketcap-aave.com
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📊Technical
As you can see on the WEEKLY timeframe for AAVE/USDT ,since May 2021 that MKR recorded an ATH about $668 , it has been declining and has lost more than 85% of it worth untill now ,and It's already trading on the pivot zone , also recently revealed several positive divergences that caused the price to rise more , but we can also see an OBV divergences as a hidden negative divergences in current candle ,thus if want to rise more ,it should be able to maintain the current pivot zone , to reach the higher R zone or may after breakout the upper trendline , even see the anchored VWAP line .
but otherwise if weekly candle closes below the current Pivot zone ,it may fall again on the lower DEMAND zone to start a new rally at there .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
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 : $70.00
Max leverage : 2x
Always keep stop loss
Thanks
Hexa
AAVE- Updated Levels and StructureVery interesting asset and chart here as AAVE is in a flag formation moving nicely in a parallel channel.
Will the price be able to break higher towards the 110$ target?
Or will it end up going back lower towards 78$ support?
I think the first scenario is more likely to happen as BTC started the week higher.
One Love,
the FXPROFESSOR
AAVEUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for AAVEUSDT
As we predicted on July 9, we had a short position there and expected a falling trend and obviously you see the decline during the next days. In this chart, we have R1 as our resistance area that resembles the unsuccessful attempts of the price in order to rise. Also, we have S1 which used to be a resistance line and S2 is a support line which includes the support of the price at some points. Now we have the price fluctuating over S1 and we believe it will fall to this line and our long position is activated and then it will start a rise to R1. In case it moves below S1, more fall will be waiting for it.
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
AAVEUSDTAave is a decentralized finance protocol that allows people to lend and borrow crypto.
Lenders earn interest by depositing digital assets into specially created liquidity pools. Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.
Aave (which means “ghost” in Finnish) was originally known as ETHLend when it launched in November 2017, but the rebranding to Aave happened in September 2018. (This helps explain why this token’s ticker is so different from its name!)
AAVE provides holders with discounted fees on the platform, and it also serves as a governance token — giving owners a say in the future development of the protocol.
AAVE Trade AnalysisRequested Analysis
Analysing current scenario, AAVE/USDT is in uptrend in fact but the upward moment with decreasing volume, In fact it flipped $71 resistance to support but not able to grab much attention there, so I'm expecting trend change soon indeed towards the 0.5 Fib range there if it finds support we may see a move towards resistance zone at $76.
Note : I'm not saying it will definitely broke $71 downwards but there is a high probability for that to happen, IMO it's not good to take any trade here for now until it reaches any of our PoC ( Point of Concentration )
PoC : support ( $62 - $63 ) & Resistance ( $76 )
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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We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
Aave Strongly Bullish | Fast Price Appreciation Possible Now!Aave is right now in a much better position when compared to Bitcoin and Ethereum, but why?
While the King and Queen of crypto move to conquer EMA10, Aave vs Tether (AAVEUSDT) is already growing above EMA50, which can lead to massive gains.
EMA50 is the magenta line on this chart.
Price set at $79.78.
AAVEUSDT closed yesterday above this price and we can also see the volume breakout with the RSI at 64 being very strong.
All that remains is to be patient to see more growth.
For your convience, I mapped some targets on the chart.
Notice we have here also the "same pattern", the low followed by lower low... Oh ok, you already know.
Namaste.
AAVE - Falling wedge is breaking out! + Complete Elliott Wave
AAVE is ready for a new bull market!
On the macro scale, we can see a falling wedge pattern that is currently breaking out.
As per my Elliott wave technical analysis, the ABC correction has been completed and because of that we can expect a new Impulse wave.
Good news is that the price has been supported by 0.786 FIB + yellow trendline.
We didn't make a new low on the macro scale, so there is a great chance for a new bull market!
If we take a look at the RSI indicator - we can spot a bullish divergence, always nice to see in the end of the downtrend.
Next target is ofcourse previous all time high from 2021.
I see a lot of altcoins probably bottomed out, so next weeks / months can be finally bullish.
Look at my ideas about interesting altcoins in the related section down below ↓
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