AVEUSD trade ideas
AAVEUSD Technical Analysis (Wedge Pattern) (Breakout/Pullback)Introduction
Hello trading view! Today I am looking at AAVEUSD, which in my opinion might be worth getting into. The pattern has already been activated and there has been a pullback to the upper trend line. All I'm waiting for is the target to be hit. It's still near the entry point as well, so we haven't missed the potential rise in price.
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Technical Analysis
A wedge pattern has been formed and broken out of, and a pullback to the support line has already happened. This is the last chance to enter before the potential pump to 672$ occurs. Here is the rest of the information concerning the trade:
Target: 672$, 22.25%
Entry: 551$.
Stop-loss: 495$, 9.98%.
Risk to reward ratio: 2.23.
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Final thoughts
Good luck and great trading everyone! I'm going to keep posting trading idea's on as many coins as possible. Will keep you updated on how this trade works out. (links down below to past successful trading ideas)
*not financial advice.
AAVE Ascending Triangle ConfirmedGood day/Evening or to some, night Ladies and gents,
I am not a Financial Advisor, please do use your own analysis and own thoughts for support. No pun intended.
I've been on AAVE's watch since it's early breakouts.
Please notice my update of positive outcome with our Ascending triangle confirmed. Although I understand some may be concerned about MACD level drops.
We'll keep on the lookout for MACD Signal on 4H, but I wouldn't rely on it too much.
Potential breakout possible at anytime this week. Be on the look out!
As usual, folks, Happy and safe trading.
Stay safe,
CryptoManiac
Crypto Markets & AAVE Technical Analysis & Predictions 2/9/21*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Keep an eye on AAVE for next 20 days!#AAVEUSDT
477.87 entry 1
426.57 entry 2
Take Profit 1: 544.56
Take Profit 2: 627.49
Stop Loss 389.80
Reward Ratio: 25%
According to technical analysis, the graph is forming a bullish symmetrical triangle from which the graph usually breakout continuing the bullish trend.
#SyedMuneebAli
Breakout as predicted - Edge of Symmetrical Triangle reached We are definitely on the bull market. As Bitcoin Dominance Index rises, we are on a safe heaven bet.
Please notice the Symmetrical Triangle analyzed earlier this week. Please also keep close attention to the 4H candle selloff - Massive positive outbreak.
RSI was looking very low this week as well, as we all know how hard the drop hit us. As expected a correction came through and everything as predicted through MACD below 0 overlapping on the Signal by far.
Get ready to make some bank ladies and gents. Any comments and feedback are always appreciated as usual!
Happy and safe trading,
Cryptomaniac
aave 2.8.21AAVE on a tear . 1100 is my mid term target. DEFI is what i will be paying attention to . AAVE has continued to climb at a perfect pace. Not too fast so that oscillators get overheated and not too slow to bore out buyers. We were able to get in on the flash dip to 400. I would suggest that along the way, in your altcoin bags, take some of your profits and lock it in ether. Then when the dips come you have dry powder ready to go at a moments notice. This is the bluechip and one of the only ones you need as a core holding. I've consolidated my defi into all ether, aave. Still holding a maker bc theres only 1 million
Correction before more upside. Prepare to buy the DIP!500 is a strong resistance. A line drawn from two bounces that hit at the bottom provides a possible bounce target. After the massive gains from the last two days we may see a correction before more upside to mars.
RSI, super overbought, needs to cool down a bit before going parabolic.
*This is my first post btw*