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AAVE/USD TETHER

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AAVEUSDT trade ideas

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.
by MyCryptoParadise_Nathan
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.
by MyCryptoParadise_Nathan
AAVE USDT Swing Long Setup - AAVE is currently done with its last wave of retracing - IMO it can now start moving up very quickly and impulsively - AAVE can start or follow the DEFI-driven rally very soon - All you guys need to keep in mind to keep maximizing your gains is to keep holding this and not book minor gains here - Add more size in every drop you see until the whole trend changes to bearish - Keep holding this with patience and do not get thrown out because of Liq grabs.
Long
by VKtradesimbalance
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!
Short
by MyCryptoParadise_Nathan
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!
Long
by MyCryptoParadise_Nathan
AAVE: Potential Correction towards 69-70 and Bearish Order blockAAVE/USDT is currently facing a significant resistance area between 76 and 77. This zone has proven to be a strong barrier for the cryptocurrency, causing price consolidations and potential reversals. However, our analysis suggests that a price correction is likely in the near term. We expect AAVE/USDT to correct towards the key support level at 69-70. This correction would provide traders with an opportunity to consider long positions at a more favorable entry point. Furthermore, it is important to note the presence of a bearish order block at the resistance area of 76-77. A bearish order block indicates a significant concentration of sell orders and can act as a strong resistance level. Traders should closely monitor this order block as it may impede upward price movement and lead to increased selling pressure. Conclusion :- AAVE/USDT is facing resistance in the 76-77 zone, while a correction towards the support level at 69-70 is expected. Traders should be cautious of the bearish order block and monitor price movements accordingly.
Short
by Un_trade
AAVE Long PlanHere's long plan of aave as described in the video analysis of aave coin 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.
Long
by kanhaguptaa
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.
Long
by kanhaguptaa