AAVEUST trade ideas
Medium and long-term targets for AAVE price growthThe AAVEUSDT price has been behaving quite well in recent days
AAVE reacts to the correction of the BTCUSDT price with a slight correction or even growth. Well, the result of such strength and confidence of buyers is that now the price of AAVEUSD is +80% higher than it was at the low in June 2022.
The chart shows a bull flag pattern, which usually serves as a continuation of the growth trend.
So, to confirm their strength and readiness to push the price of AAVEUSDT up in the near future, buyers should no longer allow it to fall below $77
Medium-term target for AAVE price is up to $115-130
Long-term target of AAVE price growth to $250-300
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AAVEUSD | Part of the position can be fixed!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️Guys, I recently wrote a deal on my profile, there were two options: either to enter from support, or to break the trend line, one of the options worked for 12% without leverage.
▫️I am writing for those who may be in a position now, the entry point was from $72. The chart shows how the local countertrend was clearly broken through and now we are flying to the local resistance of 0.382 Fibonacci.
▫️The plan is this: you can fix a part of the position (50-70%), keep the rest until the local resistance of $84-85. Growth is possible against the backdrop of Bitcoin! In cases of decline, you can try to enter from the test of the trend line (shown with a red arrow). Graph 6H.
AAVEUSDT | BREAKOUTAAVEUSDT has been trading with in a falling wedge .
The price currently approached to upper boundary of wedge and has given breakout above wedge .
The price also made a double bottom and bulls get in control from same level.
The bulls will get complete control above the break of horizontal resistance zone .
Trade your level accordingly.
AAVEUSDT|Can we see a true breakout?Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
The asset is currently in a downtrend, if there is a breakdown of the countertrend line, you should not immediately jump in and open long positions, I think for the safety of the margin position it is better to wait for confirmation from the reverse side of the trend line (it showed approximately with a red arrow) and from confirmation it will be possible enter on a rebound with minimal risks in long ($72-76)
There is also a second safer option, for bitcoin we can see a test of the $18.200 level and altcoins will also show downward movements, and so: you can wait for the $70-68 level and from there also try to get a long position, an option that I will consider.
AAVESalaam
AAVE has moved in a huge descending channel.
It made a possible head and shoulders pattern that broke already.
AAVE coiled in a bear flag under the broken neckline that targets a possible 40% drop from here!
Pay attention to all the analyses are only possibilities and the art of a good trader is to play well with Risk Reward ratios and manage the risk!
Good luck!