AAVE Swing Long Setup Idea For Crypto Bull Run- AAVE is currently trading at $171.
- As a leader in decentralized finance (DeFi), it’s important to position yourself conservatively to maximize your gains with AAVE.
- The price is currently consolidating and compressing near the inefficient gap, so pay attention to its behavior to learn from these repetitive patterns.
- Historically, the price has been rejected from the last swing high before entering a bearish trajectory; we have observed a similar rejection at the same point of interest (POI) recently.
- Now is the time to make conservative entries in the range of $160-$170 and hold for an increase up to $261.
- Recommended Accumulation Zones for Spot Entries: $156-$167.
- Bull Run Targets: $261, $447, $650.
- Timeframe: Hold this position for 2-3 months.
Aave
AAVE NEXT MOVEMENT! AAVE is the only big market cap coin which is against the current bearish movement of the market. Chart and market sentiments show when weekend happens, it will show bearish as market will become ultra bearish after Thursday or Friday. So shorts are more favorable.
Targets could be 104, 100, 98, 94, 88
Get ready for some potential fireworks with AAVEUSDT! 🎇🚀💎 Paradisers, #AAVE has taken liquidity by breaking below a previous low, which served as a demand level for a while. Now, a bullish move is possible, but we need confirmation.
💎 #AAVEUSDT may bounce from here, as it has formed a double bottom structure accompanied by a dragonfly candlestick pattern, increasing the probability of an upward move.
💎 Nonetheless, I would prefer to observe a Change of Character (CHoCH) towards a bullish market structure in lower timeframes for confirmation.
💎 If the price breaks above the resistance level, we can anticipate a bullish move from there, possibly triggering stop losses of bears who entered on the breakdown of previous lows. Additionally, there is a gap above that could potentially be filled.
💎 However, if the price breaks down below the demand zone, it will invalidate the bullish structure, and in that case, it would be best to wait for better price action to develop.
Keep an Eye on AAVE! 🚀 Bullish Cup and Handle Breakout Await! 💎 Paradisers, #AAVE has recently broken out of a cup and handle pattern, and we are currently awaiting confirmation of this breakout through a retest.
💎If #AAVEUSDT manages to surpass the previous high from where the price retraced below the cup and handle pattern, this would signal that the bulls are in control, and we can anticipate a bullish move.
💎In the event of a pullback, we can anticipate a bounce from the bullish order block (OB) due to the bullish market structure and supportive trendline.
💎However, if the price breaks down below the bullish OB level, it could be interpreted as a bearish scenario. Nevertheless, it may be prudent to wait for clearer price action before making any trading decisions.
💎If you're new to technical analysis and finding it confusing, feel free to reach out via DM or comment below. I'm here to assist you in navigating through it.
AAVE Trade Idea Setup - Aave Trade Idea currently looks strong
- Aave has currently started moving impulsively but don't forget that the last rejection was also an absorption of sellers
- Once you see Aave consolidating more near the supply that's where you BIAS will become more bullish
- Always keep locking in gains if you are a trader
AAVE Swing Long Setup- AAVE is currently trading at a decisive zone
- Aave can easily consolidate here and throw up more 20-40%
- Aave can at the same time consolidate a little take-out liquidity from the lower levels
- Place wide stop losses if you are trading swings
- Do not over leverage like I always say 2-3x is enough or else liquidation is possible
- 20-30% up move looks fair
AAVE/USDT: Inverse Cup and Handle – Bearish Alert!💎 Hey there, ParadiseSquad! Let's talk about AAVE/USDT on the daily chart. It's forming an inverse cup and handle pattern, which might suggest potential bearish movement. Pay close attention to the critical demand level at 45.24. This price point has shown resilience over time. If the price drops below this level, it would confirm a lower low, setting the stage for a potential downward move to the next demand zones at 26.52 and 14.72.
💎On the other hand, there's a chance for a short-term rebound from the 45.24 level, with the potential to reach the overhead resistance trendline. However, if the price defies expectations and surges above the invalidation zone at 119.53, this bearish pattern would lose its validity. Stay vigilant and keep your strategies sharp, ParadiseSquad!
AAVE/USDT Price Alert: Traders Beware of Upcoming Bullish Surge!💎 Paradisers, let's take a closer look at AAVE/USDT. Historically, it's demonstrated three traps within a rising wedge pattern, leading to significant moves. Currently, after breaking its lower trendline, it's making a comeback upwards. This could potentially ensnare traders who went short after the lower trendline breakdown of rising wedge pattern.
💎 Moreover, AAVE/USDT has surpassed its resistive trendline, hinting at bullish momentum. If it manages to climb above the supply level at 66.38, we might witness a bullish surge. This is because short traders' stop-losses would likely be triggered here, propelling the price further. Our eyes are set on potential ascents to supply levels at 67.01 and 67.98. Stay sharp and informed, ParadiseSquad!
Aave Coin Back To 100$ ?Aave (AAVE) is showing promising signs of a bullish trend, suggesting a potential long position opportunity for traders.
The cryptocurrency has recently retested local support at 4H 200EMA, This retest indicates that the market sentiment is turning positive, and the uptrend is likely to continue in the coming hours.
Aave is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies without intermediaries. With the growing popularity of DeFi, Aave has been gaining traction in the market and attracting more users, which could drive up the demand for the AAVE token.
In terms of support levels, 82-83$ are holding firm, providing a potential entry point for traders looking to go long on AAVE. As always, it's important to closely monitor the market and adjust positions accordingly to manage risk.
💡Don't miss the great buy opportunity in AAVEUSD @AaveAaveTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (162.4).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AAVEUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 174.4
TP2= @ 181.4
TP3= @ 191.4
TP4= @ 209.9
TP5= @ 234.7
SL= Break below S2
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💡Don't miss the great buy opportunity in AAVEUSD @AaveAaveTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (137.2).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AAVEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 78.
Take Profits:
TP1= @ 147.7
TP2= @ 172.5
TP3= @ 191.4
TP4= @ 220.8
TP5= @ 240.9
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
Bitcoin to 50K - Start of Bull Trend Yes - Bitcoin is ranging . Tested support and resistance multiple times. I can see clear W pattern is establishing which is really bullish in nature.
Supply is exhausting , shorts getting closed refer btcusdshorts in bitfinex , TA is completely bullish . We should see a good journey towards 50k soon.
💡Don't miss the great buy opportunity in AAVEUSD @AaveAaveTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (218.2).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AAVEUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 81.
Take Profits:
TP1= @ 250.6
TP2= @ 268.6
TP3= @ 288.6
TP4= @ 317.7
TP5= @ 344.9
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AAVE/USDT intraday analysis and setup🚀Hello Traders👋
Today i have made a post on AAVE/USDT 15m
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
—DISCLAIMER—
I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses
March 15-17 could be the breakout periodClearly this is heading in the breakout triangle whether it is up or down shall be decided during the March 15-17th 2021.
If it breaks out on upper side over 560 should happen and if it breaks down below 230 should be support zone..
Trade with caution.. this is purely for educational purpose and not financial advise.