AAVE: Inverse Head and ShouldersAAVE (AAVE) technical analysis:
Trade setup : Trading in an Inverse Head and Shoulders pattern. Could revisit $97 resistance zone. (set a price alert).
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $70, then $60. The nearest Resistance Zone is $80 (previous support), then $97.
Aaveusdt
AAVEUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Nothing has changed from my last idea, we got correction like a expect, now i waiting for continuation of growth.
Entry: market and lower
Target: 100 - 120 - and maybe even 150(not sure)
after first target reached move ur stop to breakeven
Stop: ~64 agreesive, 52 conservative. (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to ~4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
#AAVE Drops 23% From February Highs, Token May retest $65Past Performance of AAVE
AAVE is bearish at spot rates, trading below a critical support line, now resistance. Currently, the token is down 23% from February highs and under pressure. Notably, buyers are yet to reject attempts lower. Instead, prices are inching lower, even riding the lower BB.
#AAVE Technical Analysis
The immediate resistance is at $76, coinciding with February lows. With the trend bearish in the short term and sellers resilient, traders may look to sell on every attempt higher towards $76. As it is, the first target will be $65, a critical reaction point of November 2022. This preview is valid, provided there is no sharp rally with rising volumes above $76. In that case, AAVE may rally towards $93 in resumption of the primary trend of December 2022 to February 2023. Still, it is worth noting that though prices are lower, accompanying trading volumes are relatively low. Moreover, the primary trend is bullish from a top-down preview as the current prices are bound roughly within the base of a broader bull flag.
What to Expect from #AAVE?
Traders are confident, but if AAVE slips further from resistance at $76, it could validate the bear breakout of early this month. In that case, the token could cool off, retracing from Q1 2023 highs to key reaction points in the short term.
Resistance level to watch out for: $76
Support level to watch out for: $65
Disclaimer: Opinions expressed are not investment advice. Do your research.
AAVEUSDT 4 HOUR UPDATE ( TECHNICAL )* Double tops formed on the hourly and daily timeframe.
* Key Level breakout confirmed on the hourly timeframe.
Please kindly hit the thumbs up button and follow us for future updates. We greatly appreciate your support towards our work here on TradingView. Also, don't forget to check out our profile for more updates on other financial instruments. Thank you!
SasanSeifi💁♂️ AAVEUSDT / 1D HI✌ The Possible scenarios of #AAVE_USDT is specified on the chart,As you can see, After fluctuating between $90/$78 range. Currently, the price faced buying pressure from the range of $78 and was able to grow up to the range of $93. I expect that the price will continue to grow up to the range of $98/$104/$114 and then there will be a slight correction from the supply zone . We have to see how the price will react to the supply zone.
⚪the Support range $80 / $78.
🟢the targets $98 / $ 104/ $114 / $124.
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
AAVEUSDT Short trade setupAave is currently in a bullish channel.
So after seeing a correction, I tried to catch the second leg on 50% percent pull back, there for my entry was at 86.8
My SL was 51% from first leg ehich was 86.93 as it would decline this idea in case of doing more.
I did this setup as I was expecting for a 50% pull back on BTC as well which we are heading too.
So based on MM of pullback, my target is around 81.5 which is also a retest of down trend on channel.
This a very good example of 50% pullbacks on price action strategy.
Lets see
AAVEUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
minimal target it's ~150$ zone, if will be zigzag(abc). If we will forming upward movement then even ~250$ is possible.
Entry: market and lower
Target: 140 - 200 - (~250)
after first target reached move ur stop to breakeven
Stop: ~50 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 11
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
✴️ Aave | Over 250% Potential (Name Your Altcoin #49)I am using the linear chart here so we can better appreciate AAVEUSDT growth potential.
Currently, this pair is trading near a multi-year low and just starting to go bullish.
The low that was hit in June 2022 is the same level from which AAVEUSDT produced a massive bull-run back in November 2020.
As this level was activated, we had a massive increase in trading volume, mostly buying for months.
After a new multi-year low is activated and is followed by months of accumulation, what follows is a change of trend.
We are getting out of a strong bear market, the bulls are next.
Prices still trade below EMA50 which means that AAVE is early compared to other pairs.
The bullish bias has been confirmed as the price currently trades above EMA21 and EMA10.
With these signals in place, only time/patience is needed for the breakout to take place.
The first and main target is set at $178 but AAVEUSDT can go higher and hit $300 or more in the months to come.
This is in the short to mid-term.
Long-term there will be a new All-Time High, it will take more than a year before we get there.
Namaste.
The price hit the $90 resistanceYesterday also following the buying pressure created in the market, the price hit the $90 resistance, and if the support continues in the market and this resistance is broken with a strong bullish candle, the potential for further growth and movement toward the target. Next, it will be created in the resistance range of 100 to 106 dollars. This resistance is also another reactive level in this chart. But the main resistance and target in the medium term are considered at the resistance level of 116 to 121 dollars. The current resistance level is identified as a strong zone. Therefore, we expect the range trend to continue this week before any movement.
AAVE READY TO BREAKOUTAAVE tested the downtrend resistance for the 4th time, but now we will approach it with different market perspective after positive economic data in the US.
#DXY is likely to bounce up from its current support but it is still down trending especially after US inflation rate decreased for the 3rd time in a row.
Please make sure to set realistic TP and SL for this setup, I recommend:
SL: below $65
TP1: $100
TP2: $115
AAVEUSD - AAVEUSDT Idea!AAVEUSD | AAVEUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
AAVE consolidation before next moveAAVE has been relatively subdued so far in 2023, achieving only (!) a ~84% increase since Jan.1, when it showed a strong impulse off of the double bottom at the end of 2022. It has played out that impulse and now sits below the strong band of resistance between $90-$100, though it has turned the daily 200 MA to support. If AAVE can break above 94.36 high from Feb. 3, then I'd expect a higher low at the resistance band, followed by continuation with a new impulse up to at least 113, and maybe higher after that.
Trend (21 EMA > 55 EMA) and momentum indicators are bullish on nearly all timeframes, but the market in general is looking toppy, with BTCUSD approaching 0.618 off of the early 2023 lows. Probably due for a retracement after this latest push. If it fails to break 94.36, I expect a precipitous drop to support at the 0.382 (~$67.2), which is also the neckline of the double bottom. Risk management and tigth stop loss for long positions on this one, if not waiting for retracement. Good luck