AAVEUSDT trade ideas
✅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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Remember, there is no place for luck in trading - only strategy!
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AAVE - Powell can send it ParabolicCome on Powell, we need no hike or at least small hike for a proper PUMP.
AAVE has support close at 76,5, at the lower end of a rather Bullish channel.
A push today can send it into parabola mode and 84$-92$ and 110$ could be fast.
NEWS:
Robinhood lists Aave And XTZ On Their Platform
Aave set to launch third version of its crypto lending protocol on Ethereum
Aave integrates Chainlink's proof of reserves on Avalanche via BGD Labs
Aave starts governance discussion to deploy on upcoming Polygon zkEVM mainnet
Professor's favorite DEFi crypto: AAVE
Let's Go! (remember to mind the Powell)
AAVEUSDT is testing the 4h resistanceAAVEUSDT is showing signs of a potential bullish reversal.
The price has formed an inverse head and shoulders pattern, which is a bullish technical pattern, after bouncing off the 0.618 Fibonacci level. Additionally, there is a pennant formation on the 80$ level, indicating that the market is consolidating before making a move.
If the price breaks above the 4-hour resistance level and retests it as new support, according to Plancton's rules, a new long position may be possible. The target for this trade could be at the 94$ level, where the market has daily supply.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
AAVE: Inverse Head and ShouldersAAVE (AAVE) technical analysis:
Trade setup : Trading in an Inverse Head and Shoulders pattern. Could revisit $97 resistance zone. (set a price alert).
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $70, then $60. The nearest Resistance Zone is $80 (previous support), then $97.
✅TS ❕ AAVEUSD: downtrend✅✅ AAVE price bounced down from the resistance area.
The asset is moving in a downtrend.
I expect the fall to continue. ✅
🚀 SELL scenario: short to 67. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
AAVEUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Nothing has changed from my last idea, we got correction like a expect, now i waiting for continuation of growth.
Entry: market and lower
Target: 100 - 120 - and maybe even 150(not sure)
after first target reached move ur stop to breakeven
Stop: ~64 agreesive, 52 conservative. (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to ~4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
AAVE: A Simple Bearish ScenarioAAVE: A Simple Bearish Scenario
Price is recovering but as we can see the price is testing a strong structure zone.
If the price will manage to stay below that area it has a chance to move down further.
Just find a reason to sell:)
More details can be found in the video!
Thank you and Good Luck!
#AAVE Drops 23% From February Highs, Token May retest $65Past Performance of AAVE
AAVE is bearish at spot rates, trading below a critical support line, now resistance. Currently, the token is down 23% from February highs and under pressure. Notably, buyers are yet to reject attempts lower. Instead, prices are inching lower, even riding the lower BB.
#AAVE Technical Analysis
The immediate resistance is at $76, coinciding with February lows. With the trend bearish in the short term and sellers resilient, traders may look to sell on every attempt higher towards $76. As it is, the first target will be $65, a critical reaction point of November 2022. This preview is valid, provided there is no sharp rally with rising volumes above $76. In that case, AAVE may rally towards $93 in resumption of the primary trend of December 2022 to February 2023. Still, it is worth noting that though prices are lower, accompanying trading volumes are relatively low. Moreover, the primary trend is bullish from a top-down preview as the current prices are bound roughly within the base of a broader bull flag.
What to Expect from #AAVE?
Traders are confident, but if AAVE slips further from resistance at $76, it could validate the bear breakout of early this month. In that case, the token could cool off, retracing from Q1 2023 highs to key reaction points in the short term.
Resistance level to watch out for: $76
Support level to watch out for: $65
Disclaimer: Opinions expressed are not investment advice. Do your research.
✅TS ❕ AAVEUSD: downward structure✅✅ AAVE bounced down from the resistance area.
Price is forming a downward structure.
The asset will continue to decline. ✅
🚀 SELL scenario: short to 74.8. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
AAVEUSDT 4 HOUR UPDATE ( TECHNICAL )* Double tops formed on the hourly and daily timeframe.
* Key Level breakout confirmed on the hourly timeframe.
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