Aaveusdt
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
AAVE/USDT is about to Get its Wings Back | AAVE/USDT Analysis 💎 Currently, AAVE has emerged from its wedge pattern. Notably, the POC of VRVP is serving as foundational support, and we've witnessed a retest of this level.
💎 It's also worth noting that the price is navigating beneath the 50 EMA. If this trajectory persists, our TP1 could be reached soon.
💎 On the flip side, should the price revisit the support owing to market unpredictability, there's potential for consolidation. Heightened sell-offs could then challenge the bullish trend.
💎 Stay updated with a precise analysis of your assets and enjoy your journey with #MyCryptoParadise
AAVE: Channel Up BreakoutAAVE (AAVE) technical analysis:
Trade setup : Bearish breakout from Channel Up pattern and below 200-day Moving Average ($72). Price appears to have resumed its downtrend.
Pattern : Price was trading in a Channel Up 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 on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $65, which it broke, then $50. The nearest Resistance Zone is $80, then $95.
AAVE something exciting Don't Miss Out..!!👀 AAVE Today analysis💎AAVE replicating the same wedge pattern, with a key observation being that it's trading in a strong demand area and below EMA 50.
💎Another aspect to consider is that if the price re-enters the box due to the market uncertainty that has been prevalent for the last few days, it might consolidate and, with increased selling pressure, invalidate the bullish momentum.
💎The POC of VRVP (Visible Range Volume Profile) is acting as resistance. If the price maintains its momentum above EMA 50, we could be in for a solid bullish move.
💎 In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!