This coin is one of the popular for traders
In here we are in a daily time frame and after the key the trend was changed and now we had pullback with hammer and this time we have nice R/r for take profit .
We checked the chart on 4H time frame and in there we see the same there as we see in daily time frame , its time to buy when that hammer was...
AAVE is looking super bullish with the strong resistance coming closer everyday AAVE just formed a bullish HARMONIC pattern which indicates that it is ready for a massive breakout! If you don't know, AAVE has some events coming and very strong news that can take the price upside and in future we might see AAVE performing very good. Some quick Take profits are...
AAVE is very undervalued right now. It is in a good buying zone around the $302 key level. Personally, I wouldn't recommend dumping your whole account into this. You could start DCAing slowly and see where it goes in the upcoming days. BTC dominance is in an uptrend. Once it crumbles, AAVE is going to make big moves; since it is one of the tokens that didn't move...
Crypto Market looks better than ever, few news on BTC with huge impacts! BTC might needs to cool off a bit, before ALTs push higher with the moneyflow from BTC profits into ALTs. AAVE is a very solid and good project, TA wise we have two important resistances in red and a bullish descending broadening wedge, as you can see on the image and chart.
If AAVE breaks...
in 4h time frame we have strong candles. yesterday bitcoin grew in a good sentiment of market and now is altcoin time, AAVE/USDT is one of the best Defi platforms and have good situation to buy.
Don't forget about risk management!
broke below the previous zone of support from earlier in the year
is now showing slight bullish bullish MACD on this recent lower low in price action
previous daily candle also rejected the previous zone to the downside
if price action can get back above this zone and the negative momentum begins to fall I will being to look to ride price action the upside...
This is my Idea and I hope this happen.
I think in daily chart there will be head&shoulders pattern formed
in weekly chart there will be cup&handle pattern formed
in monthly chart there will be the third wave of Elliott formed.
Updated chart on AAVE which has been flying today and made our spot holdings grow nicely despite the sideways movement of most cryptos.
Check our previous ideas below for more details on the fundamentals and take a look here at our updated chart.
DEFI + nicely regulated in the UK (Aave has been granted an Electronic Money Institution license by the U.K. Financial Conduct Authority )
We like AAVE and we also like the chart at this stage.
Time to look at AAVE again, this time towards new all time highs
Speaking of UK:
British Post Office ID App to Sell Bitcoin Vouchers Next Week
hi , i am waiting for AAVEUSD to revisit my zone to enter into long
AAVEUSD is also my favourite coin i mostly post analysis of those coins in which i invest or where i took trades
Just check my previous analysis if your are new and decide yourself you should follow or not
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