AAVE/USDT Bullish Ride Continues? 👀 🚀 AAVE Today analysis💎 Paradisers, prepare for a potential opportunity with AAVEUSDT. After experiencing rejection from a supply level, it's now showing signs of regaining bullish momentum, indicating a high likelihood of an upward trend.
💎 AAVE has historically followed a pattern of breaking above a descending channel, leading to upward movements. Currently, after facing rejection at the supply level of 110.03, AAVE is showing renewed bullish momentum. This suggests a strong possibility of a bullish continuation from the demand level at 86.52.
💎 However, there's an alternate scenario to consider: if AAVE fails to sustain its upward momentum and breaks below the 86.52 level, we could see a move towards lower support levels.
💎 This analysis highlights the importance of closely monitoring AAVE's price action around these critical levels for informed trading decisions.
AAVEUSDT trade ideas
AAVE: Resistance BreakoutAAVE (AAVE) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern, price broke above 200-day moving average, which signaled a bullish trend reversal to an Uptrend. Price has also broken above $95 resistance, which is being retested now. Upside potential to $115.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $80 (previous resistance), then $65. The nearest Resistance Zone is $95, then $115.
AAVEUSDTAAVEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH
What you guys think of this idea ?
The AAVE price has embarked on a challenging growth pathOver the weekend, unexpectedly for many, including us, the AAVE price showed a +40% increase.
However, so far, buyers have not been able to gain a foothold above the trend line, which has been in place since 2021.
AAVE buyers still have many tasks ahead of them to develop a positive scenario for the AAVEUSDT price movement:
1. To prevent the price from falling below $59
2. Break through trend line and gain a foothold above $68
3. Start cascading break out the short positions. Each closing of a short position by a stop order = buying on the market order = accelerating growth.
4. Above $85, growth can accelerate significantly.
5. If the above conditions are fulfilled, the medium-term target is $125-126 by AAVE
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📊#AAVE may break short structure with smiley face🚀🤩I'm glad we're hugging the smiley face again, and it pays off every time we see it.💰🚀🌕
➡️Now that we have broken through the resistance zone and the downside resistance line, if we choose to continue to break above the bear defense point, a successful breakout means that the short structure is broken, and we will expect higher targets without risk in the later period.🙏
Let's see👀
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AAVE ♻️ In Daily Time Frame ♻️Hi dear traders
AAVE After hitting the support area and reacting appropriately to it in the daily time frame, it has strongly violated the downward trend line in its price. Any pullback to this line and price correction will be a good opportunity to enter the market of this token. The 86$ and 95$ levels will be the next price stops in this direction.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
AAVE USDT PERPHello Trader BINANCE:AAVEUSDT.P
This is the daily tunngu bounce area for confirmation, or you want a market order is also okay, but until take profit 1 just around 110.07 because there is an order block area for retail can be saved in your note.
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Disclamer: Not Financial Advice
up or downat HTF resistance
after a clear draw at 100, bears looking eager to pile on here..
h1 seems in attrition as it lingers in between A and B
there's similarity also in the market structure of 1 and 2 in how price was distributed.
leaning towards a long, a clear test of support and recovery is a standard eieo buy
Anticipating AAVE's Consolidation Breakout with Bullish SentimenAAVE, the native token of the AAVE lending and borrowing protocol, has been in a prolonged consolidation phase since May 2022, fluctuating within the $45 to $95 price range. This extended period of consolidation indicates that AAVE is building up potential energy for a significant price move. On November 2, 2023, AAVE made an attempt to break out of this range but was unsuccessful. However, given the prevailing bullish sentiment in the crypto market, there is a strong possibility of a retest, making it a promising opportunity for a long trade.
AAVEUSDTAAVEUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH
What you guys think of this idea ?