AAVEUSDT price is showing strength in this ranging market and continuously consolidating above trendline but the EMA 21 emerge as a big hurdle. Any closing above this level can ignite a good upside surge towards the next resistance level. keep Accumulating
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(AAVEUSDT 1W Chart)
From a mid- to long-term perspective, it needs to rise above 163.8 to continue the uptrend.
- After confirming the support in 115.2
- When it...
The chart for AAVE shows increasingly concerning downtrend movement which will continue later on even more as BTC is more likely to tank towards 20,000$. Please be advised to always manage your risks and only consider buying alts more in a confirmed bull market, buying alts in a bear market would most likely submit to panic selling similar to what happened with...
AAVE has Formed an Inverse Head and Shoulder Pattern. This means the Price is gonna Increase! This pattern is a Bullish Pattern and we can Be Sure of Good Bullish Stuff! The Right Shoulder Has not been Fully Created! When It's Completed and Reached the Neckline, we can Expect a Bullish Movement Up to 350$. There is also a Regular Bullish Divergence (+RD) On MACD...
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
➡️Still in downtrend. Fib in play since May 2021. Loose around 90% like almost all alts
➡️ -027 Zones is zone for investments
➡️ Mood on a market in cold blue zone,...
AAVE is in a Descending Triangle. this means the price is going to Decrease (Probably) But a Thing That Must be Noted is that There is a Regular Bullish Divergence (+RD) Visible On MACD Which means the Price Can Increase.a Break out Is about to Accrue too.So there IS a Chance For Price to Increase Back to the Top Of The Triangle.
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Here we have AAVEUSDT on a very tricky spot.
It just came out of a descending channel and is trading above EMA21/EMA10 with a strong RSI... But there is no volume...
I just shared a chart for TOTAL and BTCUSD with some early bullish signals developing...
If the bulls follow up, we can also see AAVEUSDT/AAVEBTC grow.
But if there is no follow up, this pair and...
We are seeing many altcoins recover after a just a few short days (2 weeks max) of correction... We have good potential for a new high since we are getting higher lows.
You can find more details on the chart.
Previous trade idea 27-February
Thank you for reading.
Thanks for the support.
Due to AAVE's characteristics as the DEFI Coin par excellence, it is one of the first coins I consider for a reversal in the crypto market. In AAVE, I think the following indicators work pretty well (please test for yourself):
- Schaff Trend Cycle
- Weighted Moving Average (14 Periods)
All Indicators are indicating an Uptrend for AAVE right now.
“Be fearful when others are greedy, and greedy when others are fearful.” - Warren Buffett
Shorts are closing out on BTC & ETH. We are seeing RSI at extremely low points, historically speaking, for most crypto assets. If you look back at the history of BTC you will see dips. Some so long they are considered "bear markets" or "crypto winters". Personally, I think...