DeFi For Institutions? Many of the top Defi projects will play a key role in the new world and web 3, AAVE is very well positioned and once the flood gates open for institutions to use DeFi it's game over.
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AVEUSD trade ideas
Technical & Trend Analysis for AAVEIf you take an upward trend measurement from the 2019 lows for AAVE you get the white support line when extended to present.
The yellow line that slices through the middle of the chart is a weekly average price line (WAPL). You can see that AAVE spent around the first 50% of its life below the WAPL(circled in blue), and the second 50% of its life above the WAPL (circled in yellow).
You will also notice that the ratio of time from the genesis event(TGE)/time following the breakout above the WAPL, is approaching 1:1 (917 days & 889 days, respectively)
If you then take a bar-pattern measurement of the first 50% of AAVE's life (TGE to breakout above WAPL), invert it, then place it at the point where it crosses above the WAPL, the resulting data (blue bar-pattern) fits eerily well to AAVE's price movements over the second 50% of its life.
This then begs the question, "What happens if you apply the previous steps to the time AAVE's price was above the WAPL, and instead place it at the current point in time?"
The answer to that question is the yellow bar-pattern you see on the chart.
What's even more eerie is the fact that a breakdown below the WAPL, following this inverted fractal, would take the price of AAVE down exactly to the white upward support line we measured out at the very start.
wack
AAVE: USD Technical AnalysisOn the weekly chart, BINANCE:AAVEUSD showed a reversal doji candlestick as well as it is traded around a demand zone. Additionally, two patterns has been formed, the double bottom pattern, and a falling wedge. These signs could signal an upcoming bullish trend which targets previous highs.
AAVE (AAVEUSD) looking for $70+AAVE is showing the end a Wave 2 and the start of a strong Wave 3 rally. Time will tell to see if this is just another B-wave fool's rally.
AAVEUSD (4H) - Bearish breakoutHi Traders
AAVEUSD (4H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 53.30 support level. Only the upward break of 63.30 would cancel the bearish scenario.
Trade details
Entry: 53.30
Stop loss: 63.30
Take profit 1: 47.20
Take profit 2: 40.60
Score: 8
Strategy: Bearish breakout
AAVE (AAVEUSD) Bottom forming?!As we look at the hour chart of AAVE, I am seeing a little more downside, which hopefully we finish off today and look for a sharp rally above the $70's. I will be keeping an eye on this crypto as it continues its last decline.
AAVEUSD to 100+!!!It appears we MAY have a bottom in on AAVE. Looking at the fib levels you can see we have had a strong bounce off the .886 level and looking to push higher.. much higher. Even if this turns out to be a C-wave there is still a mass amount of % to be made to the 1 level of Fibonacci. We will look at this again when we close in on the first fib level which is 1.
$AAVE : #Money 💰 Flow Likely to Arrive Soon 🚚Just like in June, AAVE can see the benefit of smart money deploying their cash reserve once again (which they held back last couple of months). Generally, crypto market (including BTC) will greatly benefit from this new inflow in this season. Watch for it and ride the wave for a well deserve upside.
AAVEUSD (4H) - Bullish wave LTFHi Traders
AAVEUSD (4H Timeframe)
A med-high probability, entry signal to go LONG will be given with the upward break of 85.30 after the market found support at 80.90. Only the downward break of 80.90 would cancel the bullish scenario.
Trade details
Entry: 85.30
Stop loss: 80.90
Take profit 1: 95.40
Take profit 2: 101.60
Score: 7
Strategy: Bullish wave LTF
Buy ideaGaining momentum
Likely breaking the corrective trend line.
Minimum target - testing the local high.
Trade safe
AAVE Price too BEARISHThe Aave price analysis shows a bearish trend today
The resistance for AAVE/USD is present at $73.01
Support for AAVE/USD is found at $71.33
The Aave price analysis is directing that the cryptocurrency has undergone loss once again during the last 24 hours. That is because the bears are once again powering through after a small bullish interruption. The bears have caused a decrease in the price up to the $72.25 level and have been able to retain their position as the leading party. More sellers are causing the price to downgrade further and have defeated the buyers in their attempt at revival.
The Aave prices have found some support around $71.33 but it remains to be seen if this will be enough to turn the tide in favor of the bulls. For now, the bears are in control of the Aave markets and may continue to push prices lower in the near term.
Final appraisal of the Ave price
Aave price analysis indicates that today has also seen bearish behavior. The price levels have decreased to $72.25; this is a considerable loss for the market value of cryptocurrencies. Although the bulls attempted to recover in the most recent hours, their efforts were in vain as the price fell today. Only if the support at the $71.33 level is maintained can price levels be kept stable.
AAVE Bullish Divergence on WeeklyWeekly:
There is a bullish div on the weekly, MACD-H and EFI are diverging with price, MACD lines are possibly diverging as well, as it seems it will make a shallower bottom, but strictly speaking, it's not the case at this moment. Stochastic RSI is currently crossing, coming from an oversold condition. I expect price to reacht the 1 ATR level
Daily:
After a bullish div, price is going up, formed a high, and price now falling back to the VZ. Stoch RSI crossing down from overbought condition, EFI in bullish territory, above zero. MACD-H and mLines ticking up, impulse currently blue. Good place to buy 1/2 now.
Waiting to see if this will make a higher low on the daily, coming out of the overbought condition. In that case I can add the other half.
Entry: 67,x
Target: 179
SL: 44,8
R/R : 1:5
AAVE Short PullbackIts poss we are at the end of a Ending diagonal, Wave 1 must be the longest according to Elliot. Therefore p.a shouldn't go beyond my Stop level.
NFA
AAVE Maria, Elliott and algo analysis. The waves are looking pretty clear here, MO. But, 82$ is the AOI im watching at the moment. It has played as a resistance and more recently a support. If price decides to move back up to this level I will be watching how it retraces there. If it prints rising PA and falling volume I will be looking for an entry, conversely a break above by a dilly and a retrace to the level would consider a long personally. If this has been inspiring/helpful, please consider a boost and follow and check out the links in the signature. Cheers!
AAVEUSD (4H) - Bearish wave LLTFHi Traders
AAVEUSD (4H Timeframe)
A high probability, entry signal to go SHORT will be given with the downward break of 73.89 after the market found resistance at 77.45. Only the upward break of 77.45 would cancel the bearish scenario.
Trade details
Entry: 73.89
Stop loss: 77.45
Take profit 1: 66.50
Take profit 2: 59.80
Score: 9
Strategy: Bearish wave LLTF
AAVE ShortAAVE failed to reclaim the trend line at 94 levels. Expecting AAVE reject 80 levels after the ugly daily close. Shorting 80 to 65 levels looks good to me with a good R:R. This is my second short after rejecting 94 levels.
AAVEUSD (Daily) Bearish reversalHi Traders
AAVEUSD (Daily Timeframe)
Waiting for the downward break of 77.75 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 97.70 would cancel the bearish scenario.
Trade details
Entry: 77.75
Stop loss: 97.70
Take profit 1: 64.75
Take profit 2: 46.45
Score: 8
Strategy: Bearish reversal
AAVEHELLO GUYS THIS MY IDEA 💡ABOUT AAVE is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
AAVEPERP - LONGEntry Price: $58.61
Target: $110.00 (+%87,68)
Stop Loss: $55.73 (-%4,91)
Leverage: 5x
AAVE distributionAave shows extended price action on the daily without any significant retracements.
Moving Averages are showing possible Distribution -> 10/20HMA Cross for the 5th time.
In terms of price action we have a H12 break down with H1 breaker confirmation as possible lower high which could lead to the anticipated expansion.
