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Aaveusdt

AAVEUSDT (AAVE) - BUY ENTRY ANALYSIS 🔎 - AAVEUSDT was bounded in the descending triangle (DT) pattern. - Price brokeout above the descending triangle's inclined resistance. - This is a bullish signal. - The market hit a swing high and retraced. - Price is retesting the descending triangle's inclined resistance and the key fibonacci retracement zone (0.5 - 0.618 - 0.786). -There's a relatively high concentration of buyers at this zone. - The retracement is resisted by the descending trendline resistance ( DTR ). - A breakout above this descending trendline resistance could be a bullish signal. BUY ENTRY ⬆️ - Conservative entry : breakout above the descending trendline resistance. - Aggressive entry : current market price. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Horizontal resistance level (R3). SETUP INVALIDATION ❌ - Breakdown below the 0.786 fibonacci retracement level.
Long
by Chibuike_Odoh
AAVE/USD - potential 78% setupHello, Traders! AAVE is exiting the active trading range of $298 - $418 and prepares to continue the market cycle. Last time the flat movement lasted 55 days and resulted in 530% growth. The current flat movement has lasted for 60 days, which gives us a trigger for action. We can consider opening a position in the range of $382 - $418 Stop Loss might be placed under $324 Targets according to Fibonacci levels: $450 $565 $638 $682 Good luck and watch out for the market. P.S. This is an educational analysis that shouldn't be considered a financial advice
FTX:AAVEUSDLong
by UnknownUnicorn10064030
AAVE moving in a Symmetrical TriangleAAVE is moving in symmetrical triangle and since 25th March, after touching S2, it bounced back and is now moving in an upward trend. What would be interesting to watch is if it continues to move in the same upward channel. So far EMA 25 is working as support. Looking at the trend there are couple of possible scenarios Scenario 1 - AAVE to move in an upward channel. To do this, it will have to bounce from EMA 25 support, break upward symmetrical triangle Line (Blue) and break Resistance at 421(R1) Scenario 2 (Black Path) - Bearish pressure to push AAVE down from the Blue line and then AAVE to bounce again from S1. In this scenario there is a potential that a double bottom is formed. Scenario 3 (Dotted Black Path) - AAVE manages to break upward Resistance (Blue line), however is unable to break R1. In this case upward Blue line will now work as Support. Scenario 4 (Orange path) - AAVE goes wild and decides to break all bottom Resistances S1, Symmetrical triangle bottom line (RED) and then bounce back from S2. If you like my analysis then do drop a LIKE and a COMMENT. Also share it with your friends. Dont forget to click on FOLLOW button to get daily analysis of different crypto currencies. Note: These are my personal notes and in no way a financial advice. Do your own research and trade wisely.
by Manjyot
AAVE Will see new ATH soonHere's a quick look at AAVE 4 hr chart. AAVE broke out from the bigger triangle and has now formed a new uptrend. The larger the pattern, the greater the movement. A big pattern leads to bigger moves. This Altcoin will outperform many other altcoins. Keep an eye on this. The idea is: Buy the breakout from the level show in the chart and sell at the target areas shown in the chart. Targets: 1. 430$ 2. 495$ 3. 575$ Follow me for daily trading setups BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
Long
by MBM_Crypto
6
1.4.2021 - Aave (AAVE / USDT)Hi Traders! It's time for a specific trade, which we will implement today on the daily chart. AAVE is a strong DeFi coin that has a good fundament and in addition, we will trade it against USDT. What is the difference in trading against USDT and BTC? If bitcoin grows, the altcoin will grow more slowly against BTC, which poses a certain risk. However, if the BTC grows, the altcoin will probably also grow against the USDT. This is the basic formula of the market. On the chart, we see a very simple setting, which has been working great in recent months and I use it in trading constantly. We have strong support from below and in percentage terms, we have fallen by about 50% from the top, which in the bull market represents a sufficient correction. The correction lasted 43 days, which we also consider sufficient. We are currently above the trend line and above the moving average , so in my opinion, it is only a matter of time before a stronger movement comes. This is also indicated by trading volumes, which declined steadily during the correction. I would set the first target to the previous maximum - about 526 USDT and the second somewhere in the zone just below 700 USDT (for me exactly 698 USDT). There are more similar opportunities on the market and it is a good chance that if the bull run continues, these coins will grow. May the crypto be with you!
Long
by DolleroTechnology