Potential bottom on this one as well.Potential 12 12 pattern on AAVE.
That would be the yellow story.
Red story is alternate pain/lower prices
Key stats
Market capitalization
916.429MUSD
Fully diluted market cap
1.017BUSD
Trading volume 24h
39.628MUSD
Circulating supply
14.42M
2 pathsIf you are an Elliotitian, everything is clear.
If you arent, no worries, there is yellow path which means bottom is most likely in.
Red path says that there is more pain to come.
Bare in mind that this is a log scale and that linear scale looks much more scary when it comes to a huge drop of this
AAVE, Maria. If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Not financial advice, you do you
Looking for a potential move down here but a flip of the 66.92 level w
$AAVEUSD coiled in a sym triangleDoesn't look good for AAVE , it's coiled in a bearish symmetrical triangle and I expect another touchdown of the trendline. We could see a short relief rally to the %61.8 before it heads lower.
AAVE Going to $140 or $64 (or both)The upside target is from the weekly head and shoulders and the downside is the bounce off the triangle back to the neckline. Before you think too much of this idea, realize I'm not a professional and I don't have any rated or proven skills at this. This is just what I see.
AAVEAAVE has gained popularity and thus its price experienced significant growth. The current corrective wave is about to break the downtrend line; have to wait and see how the price behaves after the break.
AAVEUSD (4H) - Bearish breakoutHi Traders
AAVEUSD (4H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 68.23 support level. Only the upward break of 71.05 would cancel the bearish scenario.
Trade details
Entry: 68.23
Stop loss: 71.05
Take profit 1: 66.50
Take profit 2: 63.69
Aave to $170SL: $ 32 (IF YOU MUST YOU USE LEVERAGE)
If you want to play this in the short term first exit @
TP1: $170
Longer-term spot exit
TP2 : $ 600
Aave to $600SL: $ 32 (IF YOU MUST YOU USE LEVERAGE)
If you want to play this in the short term first exit @
TP1: $170
Longer-term spot exit
TP2 : $ 600
AAVE to $17The probability of further upside following a massive 196,000%!! return since August 2019 and two overbought conditions has reached a limit. The risk / reward now belongs to the sellers.
Why bearish? On the above weekly there a number of significant developments:
1) Price action has recently broke
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
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