AVEUSD trade ideas
Aave (AAVE) - April 17Hello?
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We have to see if we can get support at 437.866003 and rise above 505.364160.
If you decline at 379.429759, you need a short stop loss.
If you go down at 300.459751, you need Stop Loss to preserve your profit and loss.
The next volatility period is around April 27th.
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(AAVEBTC 1D chart)
We have to see if we can get support at the 7167 Satoshi point and climb above the 7865 Satoshi point.
If you fall from the 6500 Satoshi point, you can touch the 5390 Satoshi point, so you need a Stop Loss to preserve profit and loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
AAVE moving up (for now)Descending triangles consolidating and break out. Momentum moving nicely as long as it stay above EMA9 (daily).....
AAVEUSDSo far, according to the analysis. Wave 4 of 3 has been completed and now enters wave 5 with the specified goal on the price chart.
AAVEUSDAAVE look good! He are out from triangle and goes up!
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The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation.
AAVE It broke out from its declining chanel which is a good sign in short term.
We can enter the trade If the price consolidated above the broken chanel
Aave (AAVE) • About to break into new HighsOk. Volumes and break of price structure coming from spot and swaps are looking very strong here for AAVE.
It means that is probably time to long the longs.
AAVEUSD - FINALLY BREAKING THE RESISTANCE TRENDLINE?? AAVEUSD
Price is showing good sign of upward section after long time of consolidation.
Reasons to be bullish
1) Breaking resistance trendline
2) Strong support at 0.5 fib area
3) Above all MA, golden cross of 20MA and 50MA at daily TF
4) RSI above 50, currently at 56
5) MACD daily flipped green
First level of resistance: USD 454
Second level of resistance : USD 570
Third level of resistance : USD 855
Forth level of resistance : USD 1066
Overall price section looks bullish, price still in consolidation phase, expecting big move soon for AAVEUSD
aavelooks bullish to me after breaking out from significant resistance with a potential bat pattern formation
AAVE/USD 85% untill the 1st targetThis one is still in the inferior side of the range, bullish continuation is expected.
