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 $105 horizontal resistance zone.
Swing Traders: if price gets rejected at this resistance area, it could pull back...
On the above 4-day chart price action has corrected 90%. Today is great long opportunity. Why?
1) RSI and price action resistance breakouts.
2) Multiple oscillators print bullish divergence with price action with confirmation.
3) Price action prints support on past resistance since breakout. Look left.
Is it possible price action falls further? Sure.
Is it...
AAVEUSDT is ranging with no clear series of HH and LL's. one can enter in the trade if range is broken on either sides. Significant levels are marked on the chart.
Entries to be taken either at R2 or S2
AAVE coin has had a nice small consolidation after that nice downward movement from breaking both 100 and 200 EMA.
We have displayed 2 points of interest for us where we will be looking for a potential downward movement; all we have to do now is wait!
Swallow Team
This small double bottom has a good chance to be played out. Of course that would only be the first step and just a small daytrade, but think we will see 180$ 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.
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...
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
AAEVE 3D | HTF Plan
If the price closes above the blue box, IMO the first target will be the red circle area. Any pullback above the weekly S/R of $109.28 could be a buying opportunity.
Happy tradings
#AAVE
The price is moving in an upward channel on a 3-day frame
The price rebound more than once at the lower border of the channel at the price of 50 is evidence of the strength of the channel border and the expectation of a rise
We have a higher stability moving average of 100
Likewise, there is a trend in which the price touched the RSI and rebounded from...
Trade setup : Price remains in an Uptrend. It’s trading in a Channel Up pattern. Swing Traders can enter near channel support trendline, which is also near $105 horizontal support, and exit near channel resistance trendline (~$150). Stop Loss (SL) level at $93.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the...
Hello traders. As you see price broken long time down trendline so still i am waiting for breaking 130$ level to up and price breaks last higher low for confirmation
. So based on your strategy you can made a profit i think
First tp is around 150$
🧠Judging from the daily-level cycle, after completing the double bottom long target, we made daily-level corrections, and then broke through the neckline again, which means that a new bull trend has emerged with a high probability of breaking through the short defense point (198.71)🎯
➡️From an hourly perspective, we have constructed a cup-handle bullish structure...
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About AAVE
(Update)
The Trendline Breakout Has Done⚡️
Trying To Breakout Horizontal Resistance Incase Of Successfully Breakout Expecting Massive Bullish Wave✍️
