AAVE ! Ganna move?HI TRADERS ,THIS IS DANIAL AND WELCOME
Aave consolidation in weekly timeframe shown us big wave will came.
As you can see from last 6 months ago, Avve try to break top of consolidation, but every time rejected by resistance.
In my opinion, best strategy for this coin, holding and watching the price till breaks one of the sides.
MOST IMOPRTANT TR ZONE IS DRAWN BY GREEN.
BINANCE:AAVEUSDT
AAVEUSDT trade ideas
AAVE idea sharingAAVE is showing a large triangle convergence pattern on the 1D chart. The price has formed a double top pattern after the latest test of the resistance trend line, and the overall trend is still bearish.
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But looking at the four-hour chart:
The price broke through and closed above the neckline of the double top at 73.45, and a inverse H&S pattern appeared. Pay attention to the target price above:
76.79
77.54
78.29
80.71
83.50
84.63
Stop loss: 70.11
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AAVEUSDTAave was rejected 3 times by this order block. Now we see the fourth attempt! Either it will break the resistance and go up or it will be rejected again and this time we will have to see more fall
⚠️Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
AAVE/USDT Binance 4Hour Chart Analysis April 9, 2023BINANCE:AAVEUSDT
The price has fallen to the 200-SMA on the 4-hour chart and the 20-EMA is turning down, suggesting that the bears are currently in control. In case the 200-SMA support is broken, the pair could slide further to the uptrend line, which is a crucial support level for the bulls to defend. The bears would gain more strength if the price drops below this level. On the other hand, if the pair manages to move above the 20-EMA, it would indicate that the bulls are regaining strength, and the price could increase to the overhead resistance at $82.
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AAVE/USDT Binance Daily Chart Analysis April 9, 2023BINANCE:AAVEUSDT
The bears seem to be resisting the Aave price from surpassing HKEX:82 , pushing it below the support at the 20-day EMA ( HKEX:75 ). The AAVE/USDT pair may descend to the 200-day SMA ( HKEX:73 ) near the uptrend line, which is expected to be a significant support level. A rebound from the uptrend line and a break above the 20-day EMA could take the pair to $82.
If bulls succeed in breaking the resistance level, the pair will complete an ascending triangle pattern with a target of $100. If the price falls further and breaches the uptrend line, the bullish scenario will be invalidated, and the pair may fall to $68 and later to $64.
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$aave 3D ideas aave 3d looks pretty decent here. long consolidation after a local high back in early feb. much earlier than everything else.
we think we need to wait and see if we can flip that poc ~$97.
3d rsi appears to be flipping eq back to bullish.
what concerns me here is both bitcoin and eth are approaching significant resistance zones.
will be keeping an eye on this one.
setting alert on $97 for now.
AAVE price is preparing something interesting for his fans?)It looks like buyers are trying to keep the AAVE price from going into a deep correction.
For this assumption to be confirmed, buyers need to prevent the AAVEUSDT price from falling below $67-70 in the near future.
If this condition meets, there will be a good potential for the AAVEUSD price to rise.
The medium-term target is $125-130
Long-term target - $240-300
If you are interested in this coin, then write about it in the comments, and we will review it more often and publish ideas.
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AAVE/USDT - Bat - Bearish Reversal Pattern Formation - HarmonicsAAVE/USDT looks to be forming a bearish harmonic pattern. In this case, we're referring to the Bat pattern in the AAVE/USDT market, which is a technical analysis tool used to identify potential trend reversals. This pattern is identified by specific price levels that form a distinct shape on the chart, which can help us predict future market movements.
Now, in terms of how we can take advantage of this pattern, the idea is to enter long positions until the price reaches what's called the "potential reversal zone". This zone is an area on the chart where we would expect the price to reverse and start moving downwards. Essentially, we want to capture as much of the upward momentum as possible before the market turns bearish.
It's worth noting that trading is never a guaranteed win, and the Bat pattern is just one tool among many that traders use to make decisions. As with any trade, it's important to perform your own research, develop a trading strategy, and practice good risk management techniques to ensure that you're making informed and responsible trades.
In summary, the trading idea for AAVE/USDT is to enter long positions based on the current Bat pattern formation, and hold them until the price reaches the potential reversal zone. By doing so, traders can potentially capture profits from the upward momentum while managing their risk.
✅TS ❕ AAVEUSD: head and shoulders✅✅ AAVE held the support level.
The chart has formed a reversal pattern after a correction
We expect growth in the price of the asset. ✅
🚀 BUY scenario: long to 82.6. 🚀
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