✴️ 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.
Aave
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
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
AAVE is goodAAVE has been consolidating around the long-term trendline with EMA 50D as support.
Volume indicators like MFI and CMF have already broken out their trendlines and still hold above these levels. This means that buy pressure is still maintained during the latest correction of BTC.
As a referenced setup, target is $112 (+40% from this price) and SL should below $73 (-10%).
It's AAVE---Long IDEAHello everyone;
This Idea is for AAVE/USDT, spot pair, BUT It's Tradable on AAVE's Laveraged token as well .
So Aave has multi divergences at various Time frames, BuT we are Looking at ones on D and W charts,
I Marked Them with brush, They are visible on RSI,AwsomeOS and...
We are Also at 50% FIB Support, And of course a Giant BAT Pattern which is pretty much complete!
-So You can open your orders NOW or after confirmation on spot or ETF .
I Marked The First and second Targets on it,it may go Higher But ..
GOOD LUCK!
AAVE Cup & Handle!KUCOIN:AAVEUSDT
AAVE perfect cup and handle. Breakout will provide significant upside. 2 potential targets marked 26 to 36%.
On rejection at breakout, look to enter possible pullback.
Advanced traders could play the range on LTF.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
AAVE TA Runner upCrypto Altcoins
#CryptoWhale100Billion Alt Coin Analysis: AAVE
My Analysis shows that AAVE will increase to $65-$67 and return to resistance in the next few weeks. AAVE showing slow sales after the meltdown. Buyers are holding the $51-$54. Possible another down before running to $51 and back up to $65.
RSI showing a good bullish move. Small sales showing on the MACD. I'm more bullish for AAVE. W Pattern Forming.
Shoot me a message with your Technical Analysis to see your thoughts and trading strategies.
#CryptoWhale100Billion
Press The Thumbs Up and shoot me a message below what your idea on AAVE will hit.
Thank You for the support!
Below are some Previous chart links I've written in the past for Reference.
AAVE registered a bullish candlestickLast week, AAVE registered a bullish candlestick with a not-so-large body. The resistance that the price hit and reacted to is the $91.3 range. Also, this area has exactly overlapped with the ceiling of the medium-term descending channel, which could cause the price to have a correction towards lower supports this week. A trend change is observed in the daily time frame. Therefore, a pullback supported by 71.2 to 75.9 dollars can bring a positive reaction.
But more important support is considered in the $66.5. If weakness is observed in the uptrend, given the potential for a double ceiling pattern to form in the 4-hour timeframe, if the first support is broken, the support range of The second can bring a stronger reaction. Therefore, you can consider these two supports this week, because if there is a positive reaction to these levels, another upward movement can be formed.
AAVE Long Setup!KUCOIN:AAVEUSDT
AAVE is approaching an area of value (AOV).
Look to Long with momentum targeting breakout level for possible 20%+
Bearish Retest of AOV will provide Short opportunity to possible pullback from where another Long could be planned (+45%)
Blue MA is 200 Day.
Watch: For a fake out at the AOV where bears will be trapped.
Bitcoin: rules the direction of the moves, but having plans as above allows you to enter systematically and consistently.
Lets get it!
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
AAVEUSD Broke above its August Resistance!The AAVE token (AAVEUSD) closed yesterday above the Lower Highs trend-line that has been in effect since the August 13 High. The 1W RSI closed last week above its own August Resistance that has had the same rejections as the price's Lower Highs.
The stochastics are overbought so some consolidation is in order now especially with the 1W MA50 (red trend-line) coming as a Resistance right above. But as long as the 1D MA50 supports, we are buying the break-out of this gem, targeting the 115.750 High.
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