Aave has had a nice break from that sharp trend where we went and tested those EMAs there.
We are looking for further movement to lower zones with good potential to DCA this coin.
Swallow Team
Simmilar to EOS, AAVE doesnt show much confidence with the current move, Zig zag down was pretty clean, yet move up is overlapish which doesnt give me confidence that the correction is over.
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Everything on the chart.
Entry: Market and lower
Targets: 96 - 102 and maybe 109
after first target reached move ur stop in breakeven
Stop: ~79 (depending of ur risk).
RR: 1 to 3
ALWAYS follow ur RM.
risk is justified
Good luck...
part 2 of hw on ichimoku cloud. notes are for myself are as follows
we see the return of price to the red downward clloud whhichh means we may see the price reverse to the downside from the levels marked on chart
💥Everything developed as expected. We built a smiley face long structure in the buying area and then rose all the way. Today we finally successfully broke through the turning point and achieved TP1. Congratulations to our friends who followed Wolf King to print money and successfully captured 450%+ about the yield.💰🚀🌕🍻
🧠As it swept through the liquidity pools, it...
Aave weekly went over 95 and back under. After couple tests of this level before.
Watch out as its weekly chart so it succesfully needs to close above and retest 95ish level. Not bad to enter small, stops below this weeks open. Manage risk, based on this stop.
Looks like the rising wedge/ up channel is breaking down and I am targeting a return to VPOC around 89 over the weekend. Bearish tgt on the H1 wick down is around 90 and on H4 050 the tgt is abt 88.25.
VPOC tgt coincides with a retest of previous highs and the 21D EMA.
Current development looks corrective towards down side, which means that Bulls have a slight advantage in a sense of who is making a stronger market trend.
Aave is still an enigma to me because i see a potential 3 wave move labeled in yellow ABC. That implies a potential lower lows on a grand scheme .
#AAVE is moving inside a descending channel. Wait for the breakout of the resistance cluster and then enter to this coin.
Resistance cluster is: horizontal line $92.88 + descending line + EMA100
In case of breakout targets are:
$99.95 $105.67 $111.42 $119.52 and $129.88
Trade setup : Bullish breakout from a Falling Wedge pattern needs to be confirmed by a break above the prior swing high of $95 (also resistance). If it does, price could signal a bullish trend reversal with +20% upside potential to $120 thereafter.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price...
"While the AAVEUSD 4-hour chart is presenting a falling wedge pattern, signaling a potentially lucrative buying opportunity, it's crucial for investors to conduct their own research. This pattern typically suggests that the market could be gearing up for a bullish reversal, offering an attractive entry point for those looking to capitalize on AAVE's potential...
AAVEUSDT has experienced a notable bullish breakout, forming a falling wedge pattern under the 4-hour timeframe. This breakout was accompanied by the significant breach of a long-standing trend line, reinforcing the bullish sentiment. Additionally, within lower timeframes, an inverted head and shoulders pattern has emerged, further bolstering the case for a...
🧠After we have risen all the way according to the double bottom long structure at the bottom, all the long goals have been achieved, so we need to be wary of the risk of a pullback.
➡️For now, I hope that the price can start to stabilize after returning to the neckline. If a new long structure can be built in the buying zone, it will be very worthy of...
AAVEUSDT is currently in a downtrend, characterized by lower highs and lower lows. However, there is a bullish divergence observed on the 4-hour (4H) timeframe, indicating a potential reversal in the downtrend.
Here's a simplified trading plan based on this analysis:
Entry: Consider initiating a long position on a breakout above the lower high level at $86.85...
