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Aaveusdtlong

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 Swing TradeI just re-entered AAVE from the flag pattern. I'm choosing to take on more risk this time than normal. I entered early. It may drop down to support. I'm happy with this entry because of how far below the long term channel it is. But if you want to be safe, set your entry closer to support. First Exit: $570 Second Exit: $1000 Stop Loss: $270 Give your stops room to breathe. You don't want to be stopped out. But stops are necessary to protect from big losses.
Long
by CryptoMitchX
6
$AAVE Price Target $922 -Bullish Move to New All-Time-High SOON!This chart says it all. On the daily ichimocku, we were supported at the kijun line (red line) on the 4 hour ichimoku, we are officially breaking back out above the cloud and primed to make new all time highs. The cloud has also flipped green and is now bullish in almost every single way. I am currently going to be adding my posityon and if we break back down, I will be cautious and set a stop. In the meantime, this is a high probability trade and my next Major target is $922. The other red lines are take profit zones 1 & 2.
BINANCE:AAVEUSDLong
by RookInvesting
3
AAVE 🇬🇧- DEFInitely a BUY 💂💷Today's correction for me, personally, is an opportunity to Buy some coins/tokens that I had been waiting for an opportunity to go in. Better late than never. Aave is an Open Source Protocol to create Non-Custodial Liquidity Markets to earn interest on deposits and borrow assets with a variable or stable interest rate. It is not just that Mark Cuban likes it, it's the fact that the fundamentals are right and their team seems to be of serious people. Technically at support (finally- been waiting for days) and my chart allows me to Buy it now.
Long
by FX_Professor
5