AAVE formed an expanding diagonal and just now tested the dynamic resistance, though the impulse is strong, I believe it will correct here.
TP levels are on the chart. Trade with caution, do not forget about risk management
The AAVEUSDT idea has not been updated for more than a month, but it's time, because the previous idea worked out only for the first target of $63.
And then the rebound turned into a powerful growth , which still continues.
Though, this growth has reached the Fibo level, similar to the Fibo level BTCUSDT at $42,000, and we know what happened with...
#AAVEUSDT ( 4H chart) Technical Analysis Update
Waiting for the Broadening Wedge Breakout
AAVE/USDT currently trading at $141.5
Long Entry-level: Above $147 (only enter long after 4 h candle closes above the resistance level at $147)
STOP LOSS: I will update once I see the breakout
Target 1: $165
Target 2: $180
Max leverage: 3X
ALWAYS KEEP STOP...
Hello everyone 😃
AAVE had a CUP & HANDLE pattern on lower timeframe and a breakout from ATH resistance.
On current zone candles are showing selling pressure, Before reaching 175$, we should break 145$ horizontal selling zone.
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
aave after pushing uptrend eagerly needs a correction and then can get to 95$ retest point and the reaching to 100$ psychological level and then get in to 112-114$ in just 3 days from now.
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Quick post to inform of near term levels of interest.
Drag DOWN on PRICE scale to see zones above/below.
Drag RIGHT on the TIME scale to see more history/fibs.
I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
AAVE/USDT has seen some massive bullish action since the start of 2021. However, that bullish action stopped when the price hit the resistance line shown on the chart. I'm betting on a short term reversal from that resistance.
On the chart I've marked two important areas of support, S1 and S2. They are based on both round numbers and recent lows. The first target...
Looking to long AAVE above 121.600 and follow the target of an ABCD pattern.
I think the uptrend is not over yet, might want to test the bottom line of the channel first, that would give us a signal of the trend contination.