AAVEUSDT trade ideas
AAVE ANALYSIS(update🚀#AAVE Analysis :
🔮#AAVE is trading in a symmetrical triangle pattern on the 4hr timeframe Also there is an instant resistance zone💁♂️
We could expect a breakout of the resistance 1 zone and could expect a potential bullish move📈
Expect a bullish wave of around 15% in the coming days
🔰Current Price: $151.35
🎯 Target Price: $171.45
⚡️What to do ?
👀Keep an eye on #AAVE price action. We can trade according to the chart and make some profits⚡️⚡️
#AAVE #Cryptocurrency #TechnicalAnalysis #DYOR
AAVE/USDT LongI am entering based on these rationales:
1) US Market are closed on the weekends (Today's dump was due to NASDAQ tech dump)
2) I'm expecting BTC to bounce from here with the 4hr candle forming a wick
3) Good R:R at current position
Entry : CMP 124.60 - 120
Target : 126-128-130-132-134
StopLoss: 118
AAVE ANALYSIS (weekly analysis)🔮 #AAVE Analysis 💰💰
🌟🚀 There is a complete formation of Cup and Handle Pattern in #AAVE. We are just waiting for a perfect breakout. If #AAVE breakout with good volume then we will see a very good bullish move.🚀🚀
🔖 Current Price: $129.70
⏳ Target Price: $200
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #AAVE. 🚀💸
#AAVE #Cryptocurrency #DYOR
Floor of the descending channelAAVE is currently moving within a descending channel, with the price correcting after hitting the channel’s ceiling. This movement indicates a continuation of the downtrend and an attempt to break out of this descending channel.
The possible scenario is that the price continues to move downwards, reaching the floor of the descending channel. This movement could continue the fluctuations within the channel and strengthen the downtrend.
AAVE Analysis and Long Trade SetupGo through the analysis carefully, and do trade accordingly.
Trade Setup
AAVE
(114.56-109.6)
Long
Lev 5x
SL 4h below 108
Tp: 117/120/123/128
Best of luck
Never risk more than 1% of the principal to follow any position.
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AAVE/USDT: 10X POTENTIAL TRADE SETUP!!Hey everyone!
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AAVE looks good here. It breaks out from the symmetrical triangle in the weekly time frame and is currently, retesting it. Buy some here and add more in the dip.
Entry range:- $100-$120
Targets:- $250/$420/$740/$1020/$1320
SL:- $69
What are your thoughts on AAVE's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
AAVE. Trading opportunityHello traders and investors!
The token has reached all targets, and the previous analysis is no longer relevant. It's time to create a new one.
Daily Timeframe
On the daily timeframe, the price has formed a sideways range, which started in March. The upper boundary is at 133.94, and the lower boundary is at 70. The current seller's vector is 12-13, with a potential target of 71.06 (70).
On August 21, the price broke above the upper boundary of the range with significant volume. However, the seller pushed the price back into the range and established a seller's zone at the upper boundary of the range on August 27 (red rectangle on the chart). At the same time, the seller tested the buyer's candle from August 19 (which was on increased volume) at the test level of 117.15. Yesterday, the buyer moved up to test the seller's zone, and the seller resumed from the 129 level. This might become the test level if a bearish candle forms today.
Hourly Timeframe
On the hourly timeframe, the price has also formed a range. The upper boundary is at 129, and the lower boundary is at 117.15 (which coincides with the daily test level). The current seller's vector is 6-7, with a potential target of 121.32. In ranges, it's advisable to trade from boundary to boundary if the boundary is defended.
Sell opportunities can be looked for from the seller's defense of the upper boundary at 129.
Buy opportunities can be considered from the buyer's defense at 121.32 and 117.15.
Good luck with your trading and investing!
AAVE AnalysisMartClues AI Alert: Channel Down Formation
Trade Setup:
At Aug 27, 12:00 UTC, a Channel Down pattern was identified, which is still in the process of forming. This pattern suggests a possible bearish price movement towards the support level of 123.3048 within the next 11 hours.
Pattern: Channel Down
A Channel Down pattern typically indicates a declining trend where the price moves within a downward-sloping channel. Traders often look for bearish opportunities within this pattern, anticipating that the price may continue to fall towards the lower support line.
Trend and Momentum:
Short-term Trend: Down
Medium-term Trend: Down
Long-term Trend: Strong Down
Support and Resistance:
Nearest Resistance Zone: 125.5000
Nearest Support Zone: 123.3048
Actionable Strategy:
Consider entering a short position, targeting the 123.3048 support level. Be vigilant for any reversal signals or price action that may indicate a deviation from the expected bearish movement.
Risk Management:
Place a stop loss above the upper trendline of the channel to manage potential risks. As the price nears the target support level, consider adjusting your position to lock in profits or minimize losses.
Mallicast's Analysis of AAVEUSDTThe AAVE trading pair in the cryptocurrency market has a strong fundamental basis. According to Mallicast's short-term forecast for this pair, an initial decline to the price level of 121.9882 is expected. Following this, a correction to 132.4419 is anticipated, and subsequently, a bullish move towards the price of 143.3394, which is a liquidity zone, is forecasted.
Mallicast's Analysis of AAVEUSDTThe AAVE trading pair in the cryptocurrency market has a strong fundamental basis. According to Mallicast's short-term forecast for this pair, an initial decline to the price level of 121.9882 is expected. Following this, a correction to 132.4419 is anticipated, and subsequently, a bullish move towards the price of 143.3394, which is a liquidity zone, is forecasted.
AAVE Is Pumping — Should You Still Jump On The Train?AAVE has been one of the strongest coins lately.
• Pumped almost 70% since its bottom beginning of August
• Smashed through its long-term resistance at $120
• Massive volume (more than during the March peak)
For many traders who missed the breakout, the question arises whether to jump in.
Short answer: Wait.
Here's why:
• It is likely that we will see some profit-taking or re-test of the breakout after a 70% run - which will provide better entries.
• 150 will be a strong resistance. Going long doesn't make sense if the price is already close to the resistance.
• Bitcoin's influence. BTC (still) hasn't decided upon its next move. If it goes lower, it can quickly evaporate AAVE's pump.
Here are better approaches:
• Enter after correction/retest of the breakout
• Enter after the 150 resistance has been broken
• Enter once BTC starts pumping