Aave(AAVE): Reached The ResistanceAfter last time where we caught 18% of movement, the price of AAVE is now showing some strength where it is attempting to breakout from the upper resistance zone!!
As we are near this crucial zone, we are waiting for a clear sign of a breakout or rejection to happen from where we will be trading accordingly!!
We have displayed two possible positions that can be taken!!
Swallow Team
AAVEUST trade ideas
AAVE/USDT potential shift? ? 👀 🚀AAVE Today analysis💎 Paradisers, set your sights on AAVEUSDT! After facing rejection from a higher supply level, it's now navigating within a demand zone, hinting at a heightened likelihood of a bullish trajectory.
💎 In our recent observations, AAVEUSDT managed to break free from its descending channel, embarking on a bullish journey. Currently, the market sentiment leans towards the bullish side, especially as AAVE operates within a demand zone. A deeper dive reveals substantial volume at this level, further amplifying the chances of an upward shift.
💎 On the flip side, should the asset breach the 75.65 demand level, we could witness a pronounced decline, potentially reaching a robust support level. Stay alert and strategize accordingly!
AAVE: Pullback in UptrendTrade setup : Price is in an Uptrend. It briefly broke above $115 and $125 resistance, making a Higher High (sign of Uptrend) but got overbought (RSI > 70) and pulled back. Pullback near $95-100 support zone could be a swing trade entry in Uptrend with upside potential back to $115 near-term and $125 medium-term. Stop Loss (SL) at $87 (just below prior swing low and below the nearest support level).
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $95, then $80. The nearest Resistance Zone is $115, then $125.
#AAVEUSDT 12H Chart
Price is currently moving down and it is heading towards the major support line of the bullish trend. MACD is showing bearish weakness, RSI is sold and EMAs are neutral. Price would need to keep moving down and close below the 200MA as well as the support area at $92.85 in order to expect further bearish movements. Waiting for confirmation.
AAVE: Pullback in UptrendTrade setup : Price is in an Uptrend. It briefly broke above $115 and $125 resistance, making a Higher High (sign of Uptrend) but got overbought (RSI > 70) and pulled back. Pullback near $95-100 support zone could be a swing trade entry in Uptrend with upside potential back to $115 near-term and $125 medium-term. Stop Loss (SL) at $87 (just below prior swing low and below the nearest support level).
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $95, then $80. The nearest Resistance Zone is $115, then $125.
#AAVEUSDT 4H Chart
Price previously dropped and retested the support at $92.85 as well as the support line where it bounced from. MACD is showing bearish weakness, RSI is sold and EMAs are neutral. Price should close above $106 in order to expect some midterm bullish movements towards the resistance area around $118.
AAVEUSDT|The end of the BULLISH trendAfter the upward lag that started at the price of 63 dollars, it has continued its upward trend in the form of an ASCENDING channel.
By reaching the resistance levels, we saw returns from these areas as long shadows, which indicates high liquidity in these areas and it is difficult to pass through these areas.
Multiple reversals from these areas show the weakness of the momentum, if the last downward movement leads to the breaking of the channel, we can enter sales transactions in the reversals to the channel, up to the support levels created by the origin of the movement.
The prices of 78.26 and 63.51 are suitable targets for selling transactions.
AAVEUSDT 100% UpsideAAVEUSDT has established a significantly vast demand zone adjacent to the $50 psychological level, consistently respected over four consecutive instances, emphasizing substantial buying pressure within this zone. Preceding the recent bounce, AAVE broke above a downtrend trendline, signaling readiness for further upside potential. Subsequent to a robust correction and the last retest of the $50 support, a formation of higher highs and higher lows has become evident, indicating a bullish reversal.
The $80 supply zone has transformed into a demand area, witnessing a bounce off the average-price uptrend trendline. Presently, AAVEUSDT appears poised to initiate a significant rally. Overall, our projections anticipate a 100% price surge from the most recent demand area. This surge is aimed towards the 361.8% Fibonacci retracement level, aligning with the top of the extended ascending channel.
AAVE: Pullback in UptrendTrade setup : Price is in an Uptrend. It briefly broke above $115 and $125 resistance, making a Higher High (sign of Uptrend) but got overbought (RSI > 70) and pulled back. Now we wait for price to either 1) break above $115 to signal continuation of uptrend, with upside to $125 near-term, or 2) pull back near $95-100 support zone for a swing entry in Uptrend with upside potential back to $115 near-term and $125 medium-term.
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 ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $95, then $80. The nearest Resistance Zone is $115, then $125.
✴️ Aave FaltersGood night my fellow Cryptocurrency trader, let's look at Aave shall we?
While AAVEUSDT continues trading within an ascending channel, we have something not seen before in the past few months.
Yesterday's session pushed prices below EMA21/10 and ended with a long lower wick, this is accompanied by a rise in sell volume as well as the RSI going bearish.
You can see the bull-trap and rounded top; A strong spike upwards just to be negated the following day. Later on prices move below 0.236 Fib. and all the signals that I just mentioned, leads to the red arrow.
Remember, it will start slow and quiet and will end up loud and strong.
Namaste.
AAVEUSDT.P Aggressive Trend TradeAggressive Trend trade 1R
- long impulse
+ resistance level
+ biggest untested volume T1
+ biggest untested volume 2Ut-
+ weak test
Calculated affordable stop loss
1 to 2 R/R take profit
1D context
+ short impulse
+ SOW test / T2 level
+ resistance level
+ 1/2 correction
+ first bar didn't close above
10% of the of trading account to mitigate risk.
I Cannot Short This !!! situation+next targets.AAVEUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
🤑Stay awesome my friends.
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Candle of breaked(AAVE)❤️❤️Thanks for boosting 🚀 and supporting us!
📈When I am in a reng and that reng is broken with a powerful candle, I can decide to follow the same process from the broken side, and AAVE has exactly the same conditions.
📊 (Entry) : 119.57
🔴 Stop Loss : 111.34
🎯 Take Profit : 125-131-138-144
🔗 For more communication with us, In the footnote and send a message in TradingView.
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
AAVE: Pullback in UptrendTrade setup : Price is in an Uptrend. It briefly broke above $115 and $125 resistance, making a Higher High (sign of Uptrend) but got overbought (RSI > 70) and pulled back. Now we wait for price to either 1) break above $115 to signal continuation of uptrend, with upside to $125 near-term, or 2) pull back near $95-100 support zone for a swing entry in Uptrend with upside potential back to $115 near-term and $125 medium-term.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $95, then $80. The nearest Resistance Zone is $115, which it broke, then $125.
AAVE │ LONG (4H) │ 15.11.2023BINANCE:AAVEUSDT.P
Comment
The level's base is the point from which they started to update the local low.
The level was confirmed by a false breakout.
A nice approach.
Signals for level breakout
bar/candles closure near the level;
bar/candles closure near its high/low;
close retest of the level;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
a good approach to the level;
there is a reserve of calculated ATR;
there is a reserve of technical ATR;
Signals against breaking the level
no consolidation before the level;
Order parameters (risk-to-reward ratio = 1 to 3/4/5)
Open : 95.29724;
Stop loss : 94.86104;
Take profit : 96.60584 / 97.04204 / 97.47824;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
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