$aave: One trend line to break to $400+I think Defi on Ethereum is about to have a comeback. As you can see from the chart, we're about to break out of a long-term downtrend. If we break above the trendline, price should skyrocket higher.
Think we're likely to see price move up to the $437 resistance level and possibly higher than that.
Let's see what happens when price breaks up above the blue line.
AAVEUSDC_EDC7C1.USD trade ideas
🚀 AAVE Long Trade: On-Chain Data Signals Green LightHey traders, buckle up! It's time for a ride on the AAVE rocket 🚀. Our Big Data analysis has uncovered a juicy opportunity that could have your portfolio blasting off to the moon!
The Lowdown on AAVE:
We've been crunching numbers and analyzing on-chain metrics for AAVE, and let me tell you, the signs are looking bullish. Historically, when transaction value parameters start dancing downward like they're doing now, it's like a green light for AAVE's price to soar. We're talking a median increase of about 28% over the next month! 📈 But that's not all – we're riding the rising composite term cycle, and the peak of it? Scheduled for May 4-5. Mark your calendars, folks! (if old man Edward R. Dewey didn't lie to us all this time - strongly recommend his works).
What's Cooking:
A dozen of similar occasions in the past to cook up this delicious projection. Picture this: more than 85% of the time, when we've seen these conditions, AAVE has been on a one-way trip to Profitville.
The Plan:
We're setting our sights on a 1-month horizon for this trade. Why? Because that's where the magic happens, my friends. It's like clockwork – the data shows us that this setup has delivered the goods reliably over time. Plus, the risk-reward? Oh, it's looking sweeter than grandma's apple pie. 🥧
Altseason Alert:
But wait, there's more! Don't forget that the altseason is on the horizon, and we're gearing up for some serious action. Altcoins like AAVE are poised for strong growth. Get ready to ride the wave and capitalize on those sweet altcoin gains!
Why Trust Us?
Sure, we're talking big data and fancy analytics, but we're also real traders just like you. We've been around the block, and we know a good opportunity when we see one. Plus, our analysis isn't just throwing darts blindfolded – that's quite a strong setup repeating across several market metrics and has a great potential in our quality assessment, baby. 🌟
So, What's Next?
If you're ready to ride this AAVE wave with us, buckle up and hit that "Follow" button. We'll be here, keeping you updated and entertained every step of the way. And remember, in trading, as in life, a little humor never hurts. 😉 Let's make some gains together!
Stay sharp, stay savvy, and let's make this trade one for the record books!
Disclaimer: Remember, trading involves risk. Always do your own research and consider your risk tolerance before making any investment decisions. But hey, where's the fun without a little risk, right? 🎲
AAVE/USDT long set-upHi traders !
Long-term investors didn't lose their interest in this asset during the bear market. We can observe a beautiful accumulation for more than 2 years.
Now that the uptrend has started, we are trying to turn the previous resistance levels into support, which may indicate a good entry point for a trade or a Dollar Cost Averaging strategy with a limited risk and high potential return on investment.
The next big level of resistance will be located around $245, which may be a good area to take some profits.
What do you think about ? Feel free to share your opinion !
Aave (AAVEUSD): Setting Sights on Long-Term GrowthAave (AAVEUSD): BINANCE:AAVEUSD
Aave is considered a very interesting cryptocurrency for us, both fundamentally and technically. We have concluded the overarching Wave II at $45.28. Since then, there has been a sideways movement, but it's essential to note that we are in the overarching Wave III. The minimum target for this Wave III is currently an 871% increase, which is a tremendous surge and is considered realistic over a very long-term scenario. This won't happen today, tomorrow, or even in the next few months, but it remains a highly interesting coin for the long term.
Currently, we are subordinately finishing up a Wave (1) and are in the process of completing Waves 3. Zooming in further, we are in the midst of completing the encircled Wave ((iii)). This should reach between 61.8% and 100%, equivalent to $132 and $163. After this, we should see a pullback for Wave ((iv)) before completing the overarching Wave 3. We will be looking for an entry for this Wave ((iv)).
AAVE ($USD) - AAVE has been moving sideways since 8th, August 2022, $107 acted as a stong Level of Resistance during this phase.
$107 - Has now been a broken and now is playing a role of a new support level.
A major Resistance was at the price of: $123, this major level of resistance hasn't been broken since (May 22nd, 2022) Now that is has, is a very bullish sign!
An upside correction to retest the - $169 mark is very likely. With BTC halving approaching soon, the attempt for "AAVE" to break my target level of resistance for one more time is realistic.
$AAVECRYPTOCAP:AAVE has been asleep for the last year in terms of price compared to other major altcoins. The situation is different when it comes to developments. They are very active there and that attracts capital. It is therefore only a matter of time before we see intermediate targets of $390-450. Our big target range in this run is $1189-$3039, but first, AAVE needs to turn the 0.618Fib at $454 into support.
AAVE - ClasaICrypto - Long Term - AAVE is a decentralized finance (DeFi) protocol built on the Ethereum blockchain, providing peer-to-peer lending and borrowing services without traditional intermediaries. Initially launched as ETHLend in 2017, AAVE later rebranded and became one of the prominent DeFi projects.
Here are some key aspects of the AAVE protocol:
Lending and Borrowing: AAVE enables users to lend or borrow crypto assets using a collateralized system. This process occurs without traditional intermediaries, such as banks.
Liquidity Pools: AAVE utilizes a market model based on "liquidity pools," where users deposit crypto assets into a pool to provide liquidity and earn interest. Other users can then borrow crypto assets from this pool.
Flash Loans: AAVE introduced the concept of flash loans, allowing users to borrow crypto assets temporarily without requiring collateral. These loans are conditioned on their return within the same transaction, adding a high degree of complexity and opportunities for advanced traders.
AAVE Token: AAVE has its native token called AAVE. This token is used within the ecosystem for governance decisions and to participate in activities such as lending and borrowing. AAVE holders can also earn interest and other benefits.
Governance: The AAVE community of token holders has the power to propose and vote on changes to the protocol through the decentralized governance mechanism.
AAVE has had a significant impact on the DeFi ecosystem, contributing to its innovation and development. It is essential to note that the DeFi space carries associated risks, and users should be aware of them when participating in such protocols.
Cycle 2 complete?If yes, then this will make people rich.
However , this is just the bullish perspective.
corrective channel had been broken.
We are building series of 12 12 12....
The moment we see a first parabolic move, we will know that "whe should have longed before" feeling comes up.
every 12 needs its own 34....
AAVE - where will we when this resistance is cleared?CRYPTO:AAVEUSD hit an expected area of resistance in the 120-128 range. The thicker blue line is the volume weighted average price anchored to the October 2021 high. This AVWAP has been strong resistance ever since and this week has seen the first retest of this level since the end of 2023.
If price is going to continue higher I'd look for price to break above 128 and then retest it as support. The next likely area for heavy resistance should be the thicker green VWAP anchored to the all time high. This is trending toward the mid to high 150's, which aligns to a fib confluence zone in the range of ~146-155.
Two options for entries with favorable risk reward are:
Pullback to support of $114, initial profit ~138, stop ~108. R:R = 3.5:1
After a break above ~129 enter on a retest, initial profit ~153, stop ~124. R:R 4.3:1
I don't plan to fully exit after profits as a cycle high could revisit 230-255.
AAVE BullishAAVE is showing bullish accumulation similar to that on btc at 35k that brought us up to 44k pretty quickly. This would only be negated by a confirmed lower low.
We hold this asset from the break of the right angled triangle and although it has been very slow in the past few weeks it seems as if it is shaping up for an aggressive upside move.
Trade is pretty simple, above 120 we could go straight to a minimum target of 160-170 and a hard target of 200. It's not my opinion, its what the levels show. You can see the full chart in detail below.
AAVE BULL RUN ALONG CRYPTOWith the recent stoppage in selling within the crypto market, I introduce an idea with AAVE and crypto overall.
During this trade, high volume in AAVEUSD COINBASE was noticed, along with a flag formation.
The entry is the CROSS-LINES HIGHLIGHT YELLOW, with stop loss red and green area for potential selling.
With Increasing ATR and volume , we can expect this move to continue to the upside until end of the month to reassess.
AAVE/USD 1w Longterm Bullish !AAVE/USD 1w Longterm Bullish !
In 2024, I expect a rise in the aave with the re-blowing of the de-fi wind. The halving period may be a correction, but when we look at the long term, I think the upward trend has started.
Indicator: Gaussian channel
AAVE/BTC 1w
AAVE/USD 1w Lineer
AAVE weekly chart update👀🚨AAVE weekly chart update
3 days left to see the weekly candle close👀🚨
Depending on that we might look at higher bullish prices - see Take Profit points 1,2,3 and4 with explanation
If this week turns out as a fakeout Aave should not lose $85
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
AAVEUSD #bullishSince reaching its lowest point in June 2022, AAVE has shown a consistent pattern of accumulation and range-bound trading, fluctuating between $107 and $48. This behavior indicates a strong setup for an upward trend.
Reasons for a Bullish Outlook:
The Relative Strength Index (RSI) on a weekly basis remains steadily above 50%, signaling strength in the market.
The price has been consistently consolidating above the 200-week Exponential Moving Average (EMA), suggesting a solid support level.
A breakout has been observed from a two-year downtrend, indicating a potential reversal in market sentiment.
The weekly EMA ribbon has turned bullish, further reinforcing the positive outlook.
Detailed analysis and additional insights are provided on the accompanying chart, highlighting these bullish indicators.
2 potentials for midterm
Additionally, for AAVEBTC, a significant point to monitor is the heavy resistance at 0.0026 sat. It's crucial to watch for this level and a breakout of the RSI above 54% on a weekly basis, which could indicate a strong upward movement