Trade setup : Trends are mixed to down. After a bearish breakout from a Channel Up pattern, price broke below 200-day moving average, which is a sign of downtrend. Trend Traders: Price needs to break back above 200-day MA (~$100) to resume its uptrend.
Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD...
Aave (AAVE) is a key player in the Decentralized Finance sector, at -86% drawdown, which is back in its long accumulation range. Our Supreme Vision (BSV) tool is also indicating a new accumulation period (green background)!
Moreover, according to the Master Oscillator (BMO), less than 40% of addresses are in profit, with a slight increase in the percentage of...
Trade setup : Trends are mixed to down. After a bearish breakout from a Channel Up pattern and below 200-day moving average, price bounced up from $80 support and could swing up to $100 again (200-day MA). Trend Traders: Price needs to break back above 200-day MA (~$100) to resume its uptrend.
Trend : Downtrend on Short- and Medium-Term basis and Neutral on...
👨💻Hello fellow traders
My view on aave is bearish, but at the risk of the trend line, which is above, we can also take its rise
But I don't do that
My reasons for the loss of one of our volumes are clearly reduced. The number of collisions with our daily resistance is high, which reduces its strength and increases the probability of failure.
For those people...
Trade setup : Trends are mixed to down. After a bearish breakout from a Channel Up pattern, price broke below 200-day moving average, which is a sign of downtrend.
Trend Traders : It’s now sitting at $80 support, which held up a couple of times recently and could be a swing trade entry but it’s a higher risk trade setup since overall trend is down. Price needs...
This small double bottom has a good chance to be played out. Of course that would only be the first step and just a small daytrade, but think we will see 180$ or even 200$ in the near future.
Stay safe!
Trade setup : Trends are mixed. Price had a bearish breakout from a Channel Up pattern and below 200-day moving average. It got oversold (RSI ~ 30) and bounced off of $80 support. Now it’s approaching a stiff resistance area: 200-day MA (~$100) and $105 horizontal resistance zone.
Swing Traders: if price gets rejected at this resistance area, it could pull back...
Trade setup : Trends are mixed. Price had a bearish breakout from a Channel Up pattern and below 200-day moving average. It got oversold (RSI ~ 30) and bounced off of $80 support. Now it’s approaching a stiff resistance area: 200-day MA (~$100) and $105 horizontal resistance zone. Swing Traders: if price gets rejected at this resistance area, it could pull back...
On the above 4-day chart price action has corrected 90%. Today is great long opportunity. Why?
1) RSI and price action resistance breakouts.
2) Multiple oscillators print bullish divergence with price action with confirmation.
3) Price action prints support on past resistance since breakout. Look left.
Is it possible price action falls further? Sure.
Is it...
AAVEUSDT is ranging with no clear series of HH and LL's. one can enter in the trade if range is broken on either sides. Significant levels are marked on the chart.
Entries to be taken either at R2 or S2
Trade setup : Trends are mixed. Price had a bearish breakout from a Channel Up pattern and below 200-day moving average.
Swing Traders: Near term, price is oversold (RSI ~ 30) near $80 support, which means that it could bounce up to $98 for a +20% gain.
Trend Traders: Price needs to break back above 200-day MA (~$98) to resume its uptrend.
Pattern : Price was...
AAVE coin has had a nice small consolidation after that nice downward movement from breaking both 100 and 200 EMA.
We have displayed 2 points of interest for us where we will be looking for a potential downward movement; all we have to do now is wait!
Swallow Team
Trade setup : Trends are mixed. Price had a bearish breakout from a Channel Up pattern and below 200-day moving average.
Swing Traders:Near term, price is oversold (RSI ~ 30) near $80 support, which means that it could bounce up to $98 for a +20% gain.
Trend Traders: Price needs to break back above 200-day MA (~$98) to resume its uptrend.
Pattern : Price was...
Aave caught our attention with a not-so-sharp break of EMAs, where last time we had a similar move but got rejected from the trend line there.
We are looking here for a potential touch of that same trend again, and if we break it this time, we might see some great downward movement here!
Swallow Team
