AAVE Bullish Divergence (115% Potential Profits)Aave vs Bitcoin (AAVEBTC) is showing the classic bullish divergence signal with the MACD and RSI as well as a bullish cross on the chart.
Today's bullish candle after the bullish engulfing pattern 24/25 Feb. also supports additional growth.
Prices moving above EMA10 while the MA200 is starting to trend down.
Additional details on the chart.
Note: These signals can be easily invalidated.
Make sure to have a plan before trading in case the market changes.
Namaste.
AAVEBTC trade ideas
AAVE/BTC buy opportunityHi followers,
BINANCE:AAVEBTC very positive, after supported buy the buyers above important support area,
Recently attempted to break above the consolidation structure, forming higher low.
Don't forget to manage your risk! ๐
Good luck and trade with care ๐
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Aave in a rangeA fair few crypto currencies are currently stuck in a range against BTC at the moment but showing bullish signs.
Still a bit to clear yet but the momentum is pushing these coins to the upside towards the resistance of the range.
Chasing the trades from here could be lo probability but the confirmation of a break out of this range could see us move higher with an impulsive if it can reclaim resistance as support.
Downside potential is breaking the lows of support of this range and possibly forcing price towards the next support, unless we get a bounce on the bottom of this range.
Overall the bulls are on the side right now but dont be expecting fireworks until we break the top of the range so could just be a short term trade for now.
AAVE/BTC { AAVE } - BULLISH SETUPANALYSIS ๐
- AAVE/BTC is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY โฌ๏ธ
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.0101)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS ๐ฏ
- Fibonacci extension levels.
SETUP INVALIDATION โ
- Breakdown below the ascending triangle's inclined support.
AAVE - BTC$AAVE forming #bullflag on 1h chart. Now bouncing of top line, so i expect a retrace to support area, entry between 7900 / 8000 seems valid, then bounce back up. When AAVE falls through support and closes 4h or daily below, it need a retest as conf, if not then it move down more and this idea is invalidated.