Bulls and Bears Eye the PrizeAs of October 5, 2023, AAVE has been tracing an ascending trendline, marking a battleground between a support level of $65.60 and a resistance level of $72.87. Despite the bullish attempts to shatter this range, market forces reeled them back, causing AAVE to momentarily falter and dip below the support. However, with a resilient rebound, AAVE clawed back into the range, setting sights on a robust charge towards the resistance. The market sentiment, mirrored in the bullish convergence on the MACD, fuels the optimism, signaling a significant price action lurking on the horizon. The narrative may unfold with AAVE retesting the resistance of $72.87, and a triumphant breach here could catapult it towards a higher resistance at $75.72. On the flip side, a stumble could usher the bears into the fray, threatening a trend reversal. If the price fails to anchor above the support of $65.60, a tumble to the lower support of $62.53 could ensue, altering the market trajectory. Amidst a meme-coin market ripe with anticipation, AAVE's journey epitomizes the volatile yet hopeful saga of the crypto realm.
Aaveusdt
🔥AAVE Is Ready To Make a Massive BreakoutAAVE is inside the massive triangle. The price touch of the bottom or top of the triangle will be a bullish signal where you can consider your long or spot purchases.
The closest resistances and targets are $125 and $365 key levels.
💥most of AAVE holders are destroyed after -93% from a top. So when to break through this accumulation triangle if not now?
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AAVEUSDT → The stage is set for a breakthrough of resistance BINANCE:AAVEUSDT is forming a retest of the wedge resistance amid the cryptocurrency market strengthening. When breaking through the resistance of 72.4, the market may move to realize the accumulated potential
In terms of technical analysis, AAVEUSDT forms a neutral correlation following BINANCE:BTCUSD . The market reacts to all the movements of the flagship, therefore, if the one starts to strengthen, AAVE will grow and vice versa. On the chart, there is a large enough potential for a market reversal. Consolidation is formed within the flat and between the garnets of the wedge. Global growth of the market is separated by resistance 72.4 and 91.3, when the price goes beyond it the active growth will start. This is acceptable in medium-term and long-term frames. Our task at the moment is to follow the specified area and wait for the breakout of resistance. Moving averages indicate the formation of accumulation.
Support levels: 64.75, 60.3, 55.2
Resistance levels: 72.4
In the long term I expect a retest of resistance with further growth towards 91.3.
Regards R. Linda!
Will AAVE extend the recovery?AAVE has reclaimed a previously invalidated daily bullish order block of $66.45 - $70.70 (red) and a support zone in July. The move could present extra gains to bulls if it’s defended.
Entry: $69
Take-profit: $75
Exit: $66.15
RR: 2
A drop below the July support will invalidate the bullish bias.
AAVE cryptocurrency - LONG trade. #15Hello colleagues!
We continue to publish our potential trades and today we have a potential short-term speculation.
The AAVE cryptocurrency is holding up very well on the local drop in Bitcoin and the medium-term upward trend for AAVE is not over yet:
As we can see on the 6-hour timeframe , the AAVE price has reached an important range from which a global correction may begin. But for now, we are interested in speculation on the 30-minute timeframe.
The key liquid zone for the local growth of the AAVE price is the range of $62.25-62.75. If the AAVE price falls below this liquid zone, a lot of buyer stop orders that are hidden behind each local low may be triggered:
If this happens, it will be logical to buy AAVE at $56-57 at the earliest.
Therefore, our local trade will have a fairly short stop loss, which, in our opinion, is quite fair.
AAVE short-term long
Enter = $62.25-62.75
Stop = 61.792 (- 1.01%)
TP1 = 64.10 (+2.71%)
TP2 = 65.08 (+ 4.31%)
P/L ratio = 4.26
P.S. We have also shown a potential short position on the chart. However, we do not place limit orders, as buyers can easily update local highs and only then start a correction:
We need to watch and make a decision at the moment of the $65 retest.
What do you think, will the trade work out? Write in the comments and we will check how many people were right!
AAVEUSDT → Breakout of descending triangle resistance BINANCE:AAVEUSDT is forming a breakout of the descending triangle resistance. Buyers are confidently holding the bottom, keeping the price below 55.00, but at the same time testing a trend change attempt
AAVE follows BINANCE:BTCUSD . A momentum and a small pullback is forming. This is partly a bad thing. Until bitcoin gets momentum and a breakout of local resistance, the pegged coin will also stand still. If the market doesn't acquire a buyer while the coin consolidates above the broken resistance, the flat formation will continue. Bitcoin is strengthening as it receives fundamentally positive data, mostly related to ETFs.
From a technical analysis perspective, AAVE has good upside potential. A prolonged consolidation for 15 months is forming and the price moving beyond resistance is signaling possible upside. The price is testing the MA-200, if the moving average is broken, there will be a chance for growth to 91.3
Support levels: previously broken resistance, MA50, 55.2.
Resistance levels: MA-200, 69.56.
I expect consolidation above the previously broken trend line with subsequent retest and breakout through MA-200.
Regards R. Linda!
AAVE short setup After the breaking of dynamic resistance and formation of bullish CH, this symbol has moved up. It is now close to an order block. This block order is fresh and unused. You can look for sell/short positions in the red box.
I specified the targets. When we reach the first target, save some profit and then change the stop to entry
I specified the invalidation level, closing a 4-Hour candle above this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Area to break upward: 64.256-65.37Hello?
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(AAVEUSDT chart)
The key is whether the price can be maintained by rising above the 64.256-65.37 range.
The 64.256 point corresponds to the volume profile section of the 1W chart.
(1D chart)
I don't see any major support or resistance points.
Accordingly, if it rises above 85.7 among the currently formed support and resistance points, it is expected to show a full-fledged upward trend.
The HA-Low indicator and the MS-Signal indicator are rising and are showing signs of continuing to rise further.
Accordingly, if the price remains above 58.35, it is expected to lead to a move above 75.22.
What is important is whether it can break upward through the 64.256-65.37 range mentioned before on the 1W chart and 1M chart.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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AAVE next support zonesDear all,
I would like to draw your attention to the current state of AAVE. In daily trading, AAVE has broken its main pivot, indicating that it may reach around $50 in the coming weeks. I recommend exercising caution and waiting until it reaches the support zone before making any investment decisions. This will provide an opportunity to enter the market at a lower price and potentially yield a profitable return.
Thank you for your attention
AAVE 50$ price level stands as strong support. Will it break it?If you look on the chart, 50$ price level stands so far as strong support. And its been 5 times, #AAVE bounced from this level.
In this Technical Analysis I want write more about possible short term moves.
You can see orange line that is Support right now. To open a short position, I would wait the coin to close with 1H - 4H candle (with body) on this line or below it. In this case the coin can drop back to 50$ or even lower.
Long position I would open If i see 4H candle close above the resistance line 56.75$ in this case the coin can bounce to other levels above (red lines) that you can see on the chart. How intense that move will be - currently hard to say. Because we are in Bear market right now. But, some news or Market Makers if they want they will push the price higher.
Thats why manage your risks and put SL to BE always
AAVE: Channel Down BreakoutAAVE (AAVE) technical analysis:
Trade setup : Bullish breakout from Channel Down pattern. Price is now retesting that breakout but if successful, it could revisit $65 resistance (upside potential). Overall trend is down, therefore, this a trend reversal trade setup, which is a higher risk trade than continuation patterns.
Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $50. The nearest Resistance Zone is $65 (previous support), then $80.
Brief Analysis——AAVEBTC fell yesterday and returned to the price before the pump. Affected by SEC, many tokens have experienced decline. The energy of Grayscale's victory was exhausted. Today's brief analysis will continue to review tokens that have been analyzed in the past. We chose NEAR and AAVE today.
As we expected, AAVE fell further after our last brief analysis. During the rebound in early August, the performance of the bulls was weak, and the price quickly came to the lows in June.
After the last round of decline, the bulls still have not strengthened, and the trading volume is almost half that of the previous two weeks. The nearly half-month rebound only covered the long red candle of Aug.17. The same as NEAR, when the entire market begins to rise, it is difficult for AAVE's bulls to strengthen (the slope of the green arrow is flat), but when the entire market begins to decline, the bears of NEAR was stronger than most tokens. On Wednesday, the bears' attack started again, and the price quickly approached 55, which is a support level.
Conclusion: The high probability decline has not ended. Although AAVE remains neutral on a large scale, you can clearly see the gap between bears and bulls from the chart. The bulls may strengthen after price approaches 55, but a reversal is unlikely. We set new resistance level at 60 and support level at 50.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
AAVE: Channel Down BreakoutAAVE (AAVE) technical analysis:
Trade setup : Bullish breakout from Channel Down pattern. Price could revisit $65 resistance. Overall trend is down, therefore, this a trend reversal trade setup, which is a higher risk trade than continuation patterns.
Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish).
Support and Resistance : Nearest Support Zone is $50. The nearest Resistance Zone is $65 (previous support), then $80.
AAVE/USDT is Likely Ready for Another Correction | AAVE Analysis💎Paradisers, let's focus on AAVE/USDT for a moment. It's currently navigating within a descending channel, and gearing up for a potential downward breakout soon.
💎If the breakout materializes as anticipated, it's likely to set off a rapid corrective phase.
💎 The dual confirmed order blocks on the shorter timeframe are worth noting. These are likely targets for the price, given the existing liquidity in those areas.
💎In past action, we observed a shift from demand to supply, leading to a notable decline in price and aiming for the prior Order Block (OB).
💎As always in the fast-paced crypto world, staying alert and adaptable is crucial. Keep your charts updated and stay tuned for more insights! 🌴
AAVE coin is on the long list with a level of 58.97Hello everyone!
AIHermes today identified the coin AAVE on the long list with a level of 58.97
Entry model - breakout! Leverage 10-20X
Stop short.
We see a long accumulation and a gorgeous squeeze!
1st target 60.79
Trade with us, trade better than us!
Today:
19 coins on the short list
18 coins on the long list
AAVE .P perfomance in last 8 months in 2023This year has been a rough year for crypto. Downward pressure appears with all coins.
With the AAVE 2h frame, we see the price continuously entering the red area (possibly signaling a downtrend).
This is test result from the beginning of 2023 to the present including the current bearish period. Let's see how the S1-TM performs in a downtrend.
If you have an opinion or want to see results with Spot AAVEUSDT, please leave a comment.
AAVE/USDT possible next move? 👀 🚀 Aave Today Analysis Paradisers, cast your eyes on #AAVEUSDT! It's positioning itself for a potential shift, presenting us with a couple of intriguing scenarios. 👀
💎Recently, AAVEUSDT encountered a setback at OB-1, initiating an upward trajectory. However, with a slight loss in momentum, it's anticipated to revisit OB-1. Should it not maintain its stance at this level, expect an upward continuation from OB-2.
💎 Diving deeper into its movement, we've identified a transition from demand to supply. This led to a significant downward thrust. After securing liquidity below, the price is poised to resume its ascent, aiming to address the bearish OB.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey