AAVE: Bullish Flag BreakoutAAVE (AAVE) technical analysis:
Trade setup : Price is in an Uptrend. It briefly consolidated in a Bullish Flag pattern and broke out of it, back above $95 resistance, with upside potential to $115 next. Previously, following a bullish breakout from Channel Down pattern, price broke above 200-day moving average, which signaled a bullish trend reversal to an Uptrend.
Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $80 (previous resistance), then $65. The nearest Resistance Zone is $95, which it broke, then $115.
Aaveusdt
AAVE: Bullish Flag BreakoutAAVE (AAVE) technical analysis:
Trade setup : Price is in an Uptrend. It briefly consolidated in a Bullish Flag pattern and broke out of it, back above $95 resistance, with upside potential to $115 next. Previously, following a bullish breakout from Channel Down pattern, price broke above 200-day moving average, which signaled a bullish trend reversal to an Uptrend.
Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the prevailing price trend observed in a longer time frame on a price chart. It forms typically following a sharp advance and often indicates a small change in direction (or areas of consolidation) before the previous trend resumes. Flag pattern is among the most reliable continuation patterns that traders use because it generates a setup for entering an existing trend that is ready to continue. Trade is initiated on a breakout, if it is in the same direction as the prevailing trend. Also, with bullish flag patterns, traders prefer a breakout with an increase in volume but it isn’t a must.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $80 (previous resistance), then $65. The nearest Resistance Zone is $95, which it broke, then $115.
Aave's ($AAVE) Growth Closely Tied to Bitcoin Rally
The upward trend for AAVE continues, albeit with a slowdown in growth over the past week. A key challenge for buyers lies in the resistance zone between $103 and $110, which has been tested five times within a month but remains unbroken.
For AAVE, the goal is to sustain its growth and set new annual highs. Should it break through the current resistance zone, the next significant levels that could potentially impede its ascent are situated at $115 and $120. The momentum of this growth will largely depend on the buying activities in BTC.
If a market correction occurs, the AAVE price could see a considerable decline. The initial target during such a correction would be the buying zone at $83-$88. Further down lies a resistance level at $77.8 and a range between $70.2 and $74.5. These levels are expected to be tested if there's a significant correction in BTC, possibly down to around $32,000.
AAVE/USDT Bullish Prospects at Key Support? 👀 🚀Today analysis💎 Paradisers, gear up for a promising opportunity with AAVEUSDT. Currently holding key support, the asset exhibits a high probability of initiating a bullish move.
💎 #AAVE has a track record of following a descending trendline, breaking above it to embark on an upward trajectory. It is now regaining bullish momentum and appears set for another attempt to breach resistance. This setup presents a substantial chance for a bullish movement. With continued upward momentum, AAVE aims to target the resistance at $93.55, and potentially challenge even higher resistance levels at $162.30.
💎 For the sagacious Paradisers, capitalizing on this scenario requires precise timing. Identifying the most favorable entry points during this expected rise is crucial, as well as exercising caution to avoid entering at the market's peak. Additionally, for #AAVE, be prepared for a possible bullish rebound from the support level of $72.46, particularly after breaking the support at $83.40. However, a drop below this support level could signal challenges in maintaining the bullish trend.
💎 In this fluid and ever-changing market environment, strategic foresight and skilled decision-making are essential. Crafting a comprehensive trading strategy that includes effective money management and a deep understanding of support and resistance levels is key to achieving successful trading outcomes. 🌴💰
AAVE target 14612h time frame
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AAVE broke the bottom triangle structure and currently retesting 0.618 Fibonacci Projection. There is a risk that keep retesting until 0.382 Fib, where price is around 73, so our SL need to avoid this scenario. If AAVE maintain pumping momentum, there are three targets.
TP: 126 / 146 / 168
SL: 70
AAVEUSDT Elliott Waves Analysis (LONGTERM)Hello friends.
Everything on the chart.
Targets: 250 - 500 - 800
MAIN TARGET ZONE: 750 - 1000$
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 35
risk is justified
Good luck everyone!
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It's not financial advice.
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AAVE/USDT Broke the bearish pattern. Possible Downward momentum?💎 AAVE has undeniably attracted significant attention in the market. Currently, AAVE has validly broken out of the bearish flag pattern, indicating a bearish short-term momentum for AAVE. The ongoing process involves a retesting phase at the support trendline of the bearish flag, aiming to continue the downward movement.
💎 The target for the downward movement in AAVE is the demand area ranging from $77 to $74. In this zone, AAVE is anticipated to bounce back, resuming its upward trajectory, as the mid-term movement remains bullish, increasing the probability of reaching our target major supply area.
💎 The bad scenario is confirmed if, during the retesting phase at the demand area of $77 - $74, AAVE fails to manage the zone and experiences a breakdown. Should this occur, AAVE will revert to bearish movement, potentially retracing to the next lower demand area or even the strong support zone.
AAVE/USDT Bullish Ride Continues? 👀 🚀 AAVE Today analysis💎 Paradisers, prepare for a potential opportunity with AAVEUSDT. After experiencing rejection from a supply level, it's now showing signs of regaining bullish momentum, indicating a high likelihood of an upward trend.
💎 AAVE has historically followed a pattern of breaking above a descending channel, leading to upward movements. Currently, after facing rejection at the supply level of 110.03, AAVE is showing renewed bullish momentum. This suggests a strong possibility of a bullish continuation from the demand level at 86.52.
💎 However, there's an alternate scenario to consider: if AAVE fails to sustain its upward momentum and breaks below the 86.52 level, we could see a move towards lower support levels.
💎 This analysis highlights the importance of closely monitoring AAVE's price action around these critical levels for informed trading decisions.
AAVE: Resistance BreakoutAAVE (AAVE) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern, price broke above 200-day moving average, which signaled a bullish trend reversal to an Uptrend. Price has also broken above $95 resistance, which is being retested now. Upside potential to $115.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $80 (previous resistance), then $65. The nearest Resistance Zone is $95, then $115.
AAVEUSDTAAVEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH
What you guys think of this idea ?
The AAVE price has embarked on a challenging growth pathOver the weekend, unexpectedly for many, including us, the AAVE price showed a +40% increase.
However, so far, buyers have not been able to gain a foothold above the trend line, which has been in place since 2021.
AAVE buyers still have many tasks ahead of them to develop a positive scenario for the AAVEUSDT price movement:
1. To prevent the price from falling below $59
2. Break through trend line and gain a foothold above $68
3. Start cascading break out the short positions. Each closing of a short position by a stop order = buying on the market order = accelerating growth.
4. Above $85, growth can accelerate significantly.
5. If the above conditions are fulfilled, the medium-term target is $125-126 by AAVE
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AAVEUSDTAAVEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH
What you guys think of this idea ?
AAVE ANALYSIS🔮 #AAVE Analysis - Breakout Trading💰💰
🌟 As we can see that #AAVE was trading in a falling wedge pattern and give a perfect breakout with good volume. It will retest the descending trendline first and after that we will see a bullish move in #AAVE📈📈
🔖 Current Price: $85.40
⏳️ Target Price: $200
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #AAVE. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#AAVE #Cryptocurrency #Breakout #DYOR
Aave ($AAVE) Struggling To DominateSince October 19, the AAVE price has surged by 46%, marking it as one of the best performers among the Top 100 altcoins by market capitalization. The asset has nearly reached its annual high of $95.58.
Currently, Aave is caught in a sideways channel, fluctuating between the support level at $81.38 and the resistance level at $90.70. Both buyers and sellers are struggling to dominate, making trading within this range a logical outcome. Concurrently, the continuation of the upward trend remains a priority as long as a similar pattern is maintained on the Bitcoin chart.
If AAVE continues on its upward path, the immediate targets for buyers would be the yearly high of $95.58 and the “psychological level” of $100. In case of a corrective move, the coin might test the buyer's level at $79.76, the support zones at $74.33-$77.73, and $68.9-$71.9. AAVE is expected to maintain its positive momentum as long as Bitcoin trades above the $30,000 mark.
AAVE investments zones for long termBINANCE:AAVEUSDT
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Possible Targets
➡️Still in downtrend. Fib in play since May 2021. Loose around 90% like almost all alts
➡️ -027 Zones is zone for investments
➡️ Mood on a market in cold blue zone, usually its a great enter point.
➡️ Histogram like on almost all alts shows is divergence on 1D timeframe
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AAVEUSDT Good Buy!AAVEUSDT - Buy Setup!
AAVEUSDT (Weekly Chart) Technical analysis
AAVEUSDT (Weekly Chart) Currently trading at $83.4
Buy level: Above $80
Stop loss: Below $60
TP1: $94.00
TP2: $115
TP3: $170
TP4: $260
Max Leverage 2x or spot
Always keep Stop loss
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AAVE/USDT - Aave: BBand_Breakout◳◱ A Bollinger Band breakout has been identified on the EURONEXT:AAVE / CRYPTOCAP:USDT chart, as the price has breached the upper Bollinger Band. This occurrence suggests the emergence of a potential bullish trend. Noteworthy resistance levels can be observed at 86.16 | 93.05 | 112.49, while significant support zones are located at 66.72 | 54.17 | 34.73. It is advisable to contemplate initiating a buy position within the present price range of 84.96 with the objective of attaining higher price levels.
◰◲ General info :
▣ Name: Aave
▣ Rank: 41
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Financial - Lending
▣ Overview: Aave is an open-source and non-custodial protocol to earn interest on deposits and borrow assets with a variable or stable interest rate. It also enables ultra-short duration, uncollateralized flash loans designed to be integrated into other products and services.
◰◲ Technical Metrics :
▣ Mrkt Price: 84.96 ₮
▣ 24HVol: 44,568,182.494 ₮
▣ 24H Chng: 12.979%
▣ 7-Days Chng: 29.84%
▣ 1-Month Chng: 33.62%
▣ 3-Months Chng: 20.01%
◲◰ Pivot Points - Levels :
◥ Resistance: 86.16 | 93.05 | 112.49
◢ Support: 66.72 | 54.17 | 34.73
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 3.65
▣ Last 90D: 0.55
▣ Last 1-Y: 0.22
▣ Last 3-Y: 0.80
◲◰ Volatility :
▣ Last 30D: 0.65
▣ Last 90D: 0.58
▣ Last 1-Y: 0.79
▣ Last 3-Y: 1.22
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.62 - Bullish
▣ Reddit sentiment score is 0.62 - Bullish
▣ In-depth AAVEUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
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Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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