AAVE/USDT - Aave: BBand_Breakout◳◱ A Bollinger Band breakout has been identified on the EURONEXT:AAVE / CRYPTOCAP:USDT chart, as the price has breached the upper Bollinger Band. This occurrence suggests the emergence of a potential bullish trend. Noteworthy resistance levels can be observed at 86.16 | 93.05 | 112.49, while significant support zones are located at 66.72 | 54.17 | 34.73. It is advisable to contemplate initiating a buy position within the present price range of 84.96 with the objective of attaining higher price levels.
◰◲ General info :
▣ Name: Aave
▣ Rank: 41
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Gateio, Mexc
▣ Category/Sector: Financial - Lending
▣ Overview: Aave is an open-source and non-custodial protocol to earn interest on deposits and borrow assets with a variable or stable interest rate. It also enables ultra-short duration, uncollateralized flash loans designed to be integrated into other products and services.
◰◲ Technical Metrics :
▣ Mrkt Price: 84.96 ₮
▣ 24HVol: 44,568,182.494 ₮
▣ 24H Chng: 12.979%
▣ 7-Days Chng: 29.84%
▣ 1-Month Chng: 33.62%
▣ 3-Months Chng: 20.01%
◲◰ Pivot Points - Levels :
◥ Resistance: 86.16 | 93.05 | 112.49
◢ Support: 66.72 | 54.17 | 34.73
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 3.65
▣ Last 90D: 0.55
▣ Last 1-Y: 0.22
▣ Last 3-Y: 0.80
◲◰ Volatility :
▣ Last 30D: 0.65
▣ Last 90D: 0.58
▣ Last 1-Y: 0.79
▣ Last 3-Y: 1.22
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.62 - Bullish
▣ Reddit sentiment score is 0.62 - Bullish
▣ In-depth AAVEUSDT technical analysis on Tradingview TA page
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AAVEUSDT trade ideas
AAVE/USDT In the Cruzial Zone, AAVE Will Break or Down ??💎 AAVE is undeniably on our radar. Currently, it's navigating within a prominent descending channel. Interestingly, within this framework, AAVE is also moving in an ascending channel on an hourly basis.
💎 A critical juncture awaits as AAVE approaches the resistance of both these channels. A successful breach here could catapult AAVE towards the Supply and Bearish OB zones, signaling a robust bullish momentum.
💎 However, if AAVE struggles to surpass this resistance and breaks the ascending channel's support, we might see it gravitate towards the Bullish OB zone. This area is pivotal; a bounce here could see AAVE attempting to challenge the resistance again. Conversely, a breach could send it spiraling down to the robust demand zone.
💎 This demand zone has historically been a fortress for AAVE, consistently repelling any downward attempts. Its resilience makes it a significant barrier against further declines for AAVE.
AAVE/USDT has an Exciting Bull Run | What's Next for AAVE? 💎Yello Paradisers! shift your gaze to AAVEUSDT! It's currently positioned within a strategic trading zone, hinting at a potential adjustment due to the looming supply zone above.
💎In recent times, Aave has been charting its course within this trading channel. There is a high probability that it's going for a correction. Importantly, it has consistently maintained a key resistance level at $88.05, facing rejections on two distinct occasions.
💎Yet, there's an additional supply zone ahead with an untouched OB. Should AAVE sustain its current momentum, it could very well approach this supply zone and then go for a correction.
💎Sharpen your trading strategies for Aave with ParadiseFamilyVIP. Delve deeper into our expert perspectives on AAVE and other potential coins, enhancing your crypto journey.
AAVE: Resistance BreakoutAAVE (AAVE) technical analysis:
Trade setup : Following a bullish breakout from Channel Down pattern, price rallied 40% and has broken above 200-day moving average, which could signal bullish trend reversal to Uptrend. Upside potential to $80.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $50. The nearest Resistance Zone is $65, which it broke, then $80, and $95.
AAVE USDT PERPHello Trader OKX:AAVEUSDT.P
the chart tends to be bearish in the long term time frame. but
for the bottom is in the 51.55 area I took in the area
the closest short is at 63.92
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
Disclamer: Not Financial Advice
✴️ Aave $1,743 New All-Time High (Name Your Altcoin)Aave hit bottom May 2022, marking the end of the bear market.
The bear market lasted from May 2021 through May 2022, one year.
A very long accumulation period starts after May 2022, no new lows; 100% sideways action.
We can see how a short consolidation phase in late 2020 led to a very strong rally.
Right now we have a long consolidation phase, which can in turn lead to a super strong rally.
👉 The next All-Time High can be around 1,743.
Previous All-Time High happened at 666.
👉 By the way, the chart is bullish short-term based on the September long upper wick that peaked at 116 and the fact that we have higher lows since June 2023.
Namaste.
AAVEUSDTHello snipers, nothing is impossible. A good position has been created and it is possible to change the trend and increase the price, but if it falls below the trend line, the price will decrease to the specified support. All analyzes are only possibilities. This is not an offer to buy or sell.
Mean Reversion trades on AAVE Mean Reversion is the simple strategy of price moving 'too' far away from its averages and potentially requiring a reversion before either continuation or ideally total reversal
Aave has been offering some beautiful mean reversion entries for us recently even to the point of essentially two sigma. Both the buyzone meanmove right to the sellzone meanmove. That is not usually the case to capture both in consecutive order but of course happy to see it happening to aave and a few others we are routing.
The strategy is based more so around the reversion to mean(s) rather than the total reversal
Is nice when able to capture the total reversal one peak to the next but the strategy is focused primarily on alerting once candle is 'too' far away from mean and then riding it to touching mean (even if just for a moment). These are usually short held positions rather than multi day long swing trades.
Good to focus on largecap even more so largecap 'monopolies'
Increasing interest in the monopolies in the crypto space as everything has taken a hit due to liquidity consolidating into either US yields or US dollar or even within the crypto space consolidating into ethereum away from nameless countless junk tokens.
These alerts are currently set up for just largecap as the volatility in smallcap can create a ton of risk to this strategy as volume is needed as confirmation of previous prices to revert to. I do also think monopolies will lead + be safer in macro retraces in bull market or macro reversion to mean even if just to tap 9ema on weekly before continuing bull moves.
Bulls and Bears Eye the PrizeAs of October 5, 2023, AAVE has been tracing an ascending trendline, marking a battleground between a support level of $65.60 and a resistance level of $72.87. Despite the bullish attempts to shatter this range, market forces reeled them back, causing AAVE to momentarily falter and dip below the support. However, with a resilient rebound, AAVE clawed back into the range, setting sights on a robust charge towards the resistance. The market sentiment, mirrored in the bullish convergence on the MACD, fuels the optimism, signaling a significant price action lurking on the horizon. The narrative may unfold with AAVE retesting the resistance of $72.87, and a triumphant breach here could catapult it towards a higher resistance at $75.72. On the flip side, a stumble could usher the bears into the fray, threatening a trend reversal. If the price fails to anchor above the support of $65.60, a tumble to the lower support of $62.53 could ensue, altering the market trajectory. Amidst a meme-coin market ripe with anticipation, AAVE's journey epitomizes the volatile yet hopeful saga of the crypto realm.
🔥AAVE Is Ready To Make a Massive BreakoutAAVE is inside the massive triangle. The price touch of the bottom or top of the triangle will be a bullish signal where you can consider your long or spot purchases.
The closest resistances and targets are $125 and $365 key levels.
💥most of AAVE holders are destroyed after -93% from a top. So when to break through this accumulation triangle if not now?
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
AAVEUSDT → The stage is set for a breakthrough of resistance BINANCE:AAVEUSDT is forming a retest of the wedge resistance amid the cryptocurrency market strengthening. When breaking through the resistance of 72.4, the market may move to realize the accumulated potential
In terms of technical analysis, AAVEUSDT forms a neutral correlation following BINANCE:BTCUSD . The market reacts to all the movements of the flagship, therefore, if the one starts to strengthen, AAVE will grow and vice versa. On the chart, there is a large enough potential for a market reversal. Consolidation is formed within the flat and between the garnets of the wedge. Global growth of the market is separated by resistance 72.4 and 91.3, when the price goes beyond it the active growth will start. This is acceptable in medium-term and long-term frames. Our task at the moment is to follow the specified area and wait for the breakout of resistance. Moving averages indicate the formation of accumulation.
Support levels: 64.75, 60.3, 55.2
Resistance levels: 72.4
In the long term I expect a retest of resistance with further growth towards 91.3.
Regards R. Linda!