AAVE PREPARING FOR LONG ENTRY
Hello, fellow crypto enthusiasts! How are you feeling this Tuesday? I hope all is well!
This is AAVE on the daily time frame. The system flipped short three days ago, and the price is currently looking for support at the 0.786 all-time Fibonacci level. Ideally, it would find support here, and the system would flip long again.
For now, we must wait and see how things play out. Conditions are looking promising for a nice long trade, but we need to wait for a clear long entry signal before acting.
Patience is key in this game!
Aave
AAVEUSD at the top of the Channel Up. Going parabolic if broken.Aave (AAVEUSD) has been trading within a Channel Up pattern since Triple Bottom formation on the Bear Cycle Support Zone. This Channel has technically served as the Accumulation Phase of the Bull Cycle, a prolonged process that ends when such patterns break.
Technically the price is the closest to its top (Higher Highs trend-line) since the week of March 11 2024 and the fact that the 1W MACD has invalidated a Bearish Cross this high with the incredible rise since yesterday, is an early sign that the time to break above the Channel Up has come.
If it does, be ready to buy as the minimum technical Target would be the $670.00 ATH.
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AAVE getting the Trump pumpThe past 2 years
Anyone who's been following me for a while knows I have been and continue to be quite bullish on AAVE. My first large buy this cycle having been around $55 in 2022, with additional buys on the way up at $70 and $100. COINBASE:AAVEUSD has been carving out higher highs and higher lows for the good part of 2 years now. Then in July we got a nice bullish engulfing hammer setup off the $90 support level. That set the tone for continued bullishness and set up the next leg that has brought us to where we are at today, currently at $170.
Funnymentals
I am not a fundamentals guy but I think there's some points here that shouldn't be ignored if you're planning on holding this for longer than a short term trade. Aave has proven itself as the best, the largest, and the most trusted DeFi borrowing/lending platform around. As we've often seen with other tech leaders (e.g. Amazon, Google, etc), Aave which was already the largest platform by TVL and market share has only gotten larger and taken even more market share. This isn't by accident. Aave has an absolute superstar team that continues to deliver year after year, rain or shine, bull or bear. I don't see this changing anytime soon.
The Trump partnership
I'm using the term "partnership" very loosely since Aave is a money lego that anyone can build on, but it's important to note that this is the protocol the Trump team decided to build their front-end on. In addition to that, their respective communities are working together on token allocations, which is as close to a partnership as you'll find in the DeFi space.
The Trump pump
With pro-crypto candidates winning across U.S. on election night and Trump, the most pro crypto presidential candidate we've ever had, winning the presidency, this has set up a major tailwind for the crypto space and put a spotlight on Aave. It remains to be seen just how big of an impact this has in the long term, but I know I'm not going to fade it.
TA
Back to the chart technicals, as I said at the start of the post, AAVE has a nice long term bullish chart structure. The way I've been trading this is by having a core position based on the long term setup, and then trading around that core position anytime shorter term setups to present themselves. I've kept this trade simple by going from key level to key level and knowing where my invalidation levels are. The most recent being the $120 major support area. My 1st big price target which I've had marked for the last few years now, sits around around $450. That can change as we get new price action setups, but these are the parameters I'm trading with right now. In the meantime I'll continue watching the short and medium term for new setups to trade around my core position.
AAVE LONG IDEA - AAVE Coin Swing Long OpportunityAAVE is a coin I monitored closely during Summer 2024. While most altcoins were making new lows, AAVE was accumulating and showed resilience, which suggested to me that it might outperform others in the 2024-2025 altcoin bull season.
Technical Analysis: Price accumulated within the monthly demand zone throughout Summer 2024. It finally took off, breaking the weekly structure and creating strong bullish momentum on the weekly and daily charts.
Currently, price is retracing to the weekly demand zone responsible for the structural break, which is also supported by the monthly demand. This level appears strong to me.
I anticipate a slight retracement to grab daily swing liquidity before taking off from that area, which aligns with the Fibonacci golden entry level, adding further confidence.
I’ll be watching for LTF confirmations to enter the trade.
2 ALTCOINS in 2 MINUTES | AAVE & RUNE | Great UpsideTwo altcoins in under two minutes - each with a bright future and good-looking upside potential.
BINANCE:AAVEUSDT
AAVE might e heading back to retest a crucial support zone, in other words - you could get a cheaper entry. A good place to look for potential buy zones, is on the moving averages in the daily. The price is on the right-hand panel, and indicates possible bounce zones:
BINANCE:RUNEUSDT
RUNE is slightly more advanced in the bullish cycle, forming higher highs after retesting the key support. There is still a major upside potential. Ultimately, the earlier / lower you buy, the better (unless you are a swing trader or scalp trader).
Either way , many altcoins will begin to pick up now that BTC is trading sideways.
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#AAVE/USDT#AAVE
The price is moving in a descending channel on the 12-hour frame and is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 134
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 152
First target 164
Second target 182
Third target 203
AAVE midterm Long presetHi all!
Here I brought to you my complete TA for AAVE Long.
I have determined two Long entry zones.
Why: General bullish bias and uptrend channel, already near lower border
When:
1st Entry Zone one is more risky. Its located on the intersection of 1D and 12H FVG. Both mitigated but respected. Its a demand zone and lower uptrend border as well.
BUT! Median ATR (2.6k p) of last bear waves is only on 50% of its potential movement, so it have enough fuel to move price lower, to the 2nd Long Entry Zone.
2nd Entry Zone located under the range volume POC and volume VAL is in the middle of it. On the lower end there is a demand zone, 1D mitigated VFG and 4H unmitigated VFG.
And Median ATR points directly at it. So this 2nd Entry is much more valid and safe. There are no guarantees that the price will reach this level, but if it does, it will be an excellent entry point.
AAVE is going to reach 200$Now, as you can see, AAVE is in a cup and handle pattern on the weekly timeframe. This can be an incredibly strong signal for a price increase. If the breakout happens, AAVE's price could reach $243 in the new year, which is not far-fetched, just like the AB=CD pattern.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
US Government Makes First AAVE Transaction in 8 Months—$5.4 MlnIn a significant turn of events, the U.S. government has executed its first AAVE transaction in eight months, pulling out $5.4 million in funds seized from the Bitfinex hacker. This move, as recorded by Arkham Intelligence, has spurred concerns across the crypto community, fueling speculation about a potential selloff and its implications for the DeFi space.
The U.S. Government and AAVE—An Unclear Move
The $5.45 million withdrawn was paid out in USDC, the stablecoin pegged to the U.S. dollar. The origin of the funds traces back to the notorious Bitfinex hack, one of the largest crypto heists in history. However, the exact strategy behind the transaction remains unclear, and this lack of transparency has added to market uncertainty.
A possible explanation is that the U.S. government had locked the funds on AAVE ( EURONEXT:AAVE ) , one of the leading decentralized finance (DeFi) lending platforms, earning interest as a liquidity provider. While this is speculation, it raises questions about how the U.S. is managing its seized digital assets.
Notably, the U.S. government holds other major cryptocurrencies, including Bitcoin and Ethereum, with significant amounts linked to past seizures like the Silk Road founder’s BTC stash. Given the government’s history of selloffs, traders are now left wondering whether more liquidation could be on the horizon.
Impact on AAVE and Broader Sentiment
AAVE ( EURONEXT:AAVE ) has been facing the ripple effects of this transaction, with the token’s price declining as traders brace for a potential selloff. The transaction sparked a bearish engulfing pattern on AAVE’s charts, signaling continued downward pressure. The selloff fears are amplified by the government’s influence in the market, as its holdings carry substantial weight, particularly in Bitcoin and other altcoins.
Meanwhile, this move comes amidst broader trends of nations warming up to crypto strategies. Bhutan, for example, ranks as the 4th largest Bitcoin holder by country, while Germany recently sold off thousands of Bitcoins earlier this year, shaking the market.
Technical Outlook for AAVE
At the time of writing, AAVE is trading at a decline of 2.05%, sitting below its 50-day moving average but above the 100- and 200-day MAs. This positioning shows short-term bearish sentiment as the token struggles to find stability.
The bearish engulfing pattern triggered by the government’s transaction suggests further selling pressure could follow in the coming days. However, with AAVE ( EURONEXT:AAVE ) still trading above its longer-term support levels, there’s potential for a bounce back—especially if broader market conditions improve or if DeFi use cases continue to expand.
Immediate resistance for AAVE lies at the $70.50 level, with support seen at $60.60. Investors should watch closely for volume changes as the market absorbs the government’s actions.
Significance of AAVE in DeFi
AAVE ( EURONEXT:AAVE ) has remained a vital player in the DeFi ecosystem, allowing users to lend and borrow crypto assets without intermediaries. The platform’s success hinges on its liquidity, and a government selloff could impact both market sentiment and liquidity availability.
However, AAVE continues to innovate, offering features like flash loans and unique borrowing options. Even in the face of external shocks, the long-term fundamentals of AAVE, with its established position in DeFi and strong user base, remain solid.
Conclusion
The U.S. government’s recent AAVE transaction has raised eyebrows and triggered speculation of a larger selloff in the crypto market. While this move has spurred short-term bearish trends, the broader significance of AAVE in DeFi and its solid technical indicators suggest a potential recovery once the market digests the impact.
As always, investors should keep an eye on macroeconomic trends and government activity in the crypto space, as large-scale transactions like this have the potential to ripple through the market.
ALTCOINS Q4 2024 | Ideal Entries | GOOD BUYSHere's an updated list of 10 altcoins that have good chart setups and longer term prospects.
Note that for some, you may have to dollar-cost-average (buy little bits on the way down).
1) NEARUSDT
2) TAOUSDT
3) LTCUSDT
4) TIAUSDT
5) FTMUSDT
6) GRTUSDT
7) AVAXUSDT
8) INJUSDT
9) AAVEUSDT
10) SOLANA / SOLUSDT
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AAVE analysis : from Tokenomics to Technical analysisAAVE projet is on of the strongest projects in crypto space.
The whales present in this project count for 70% and the majority of them holds their wallets at least 2 years from now.
The analysis of the supply demonstrates that during the accumulation phase 3% of the total supply have been added to the market without any major impact on the price , that means that the whales have intention of accumulating this token.
The anchored volume profil also demonstrates that we are near the value zone.
From my technical analysis I expect a first target of $400. Then we will begin to see the first distribution movement of the whales.
I Cannot Short This !!! situation+next targets.Now, as you can see, AAVE is in a cup and handle pattern on the weekly timeframe. This can be an incredibly strong signal for a price increase. If the breakout happens, AAVE's price could reach $243 in the new year, which is not far-fetched, just like the AB=CD pattern.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
AAVE retesting cup&handle breakout, 300% to ATHAAVE is looking bullish after breaking out of some key technical patterns. First, we had a large descending wedge, which is a textbook bullish reversal pattern. The breakout from this wedge was followed by a cup and handle formation, another strong bullish signal.
Now we’re moving toward some key Fibonacci levels. The 0.382 Fib level at $289 is the first major target, representing an 80% gain from the breakout. Then, we have the 0.5 Fib level at $354, a 118% profit mark, and finally, the 0.618 Fib at $427, which signals a potential 135% gain. If the momentum stays strong, the final stretch would be a test of the all-time high (ATH) near $667, a 300% move from the entry point around $162.
AAVE has momentum, but we should watch closely as it approaches these Fib levels, especially the $289 and $354 marks.
In summary: AAVE has made a powerful breakout, but keep your eyes on those key Fibonacci levels for potential resistance. Always manage your risk as this could be an exciting, but volatile, ride.
Disclaimer: Trading is like surfing—fun, but you might wipe out. This isn’t professional advice—always do your own research and consult a pro before diving in!
AAVE Triangle BreakoutAAVE has successfully broken out of a triangle pattern, confirmed with strong volume, signaling a potential bullish continuation.
🎯 Target: The next major target is the resistance level. This aligns with historical price action and provides a solid opportunity for further gains.
DreamAnalysis | AAVEUSDT Key Triggers and Potential Trends📚 Welcome to Today’s Analysis
Today, I’m going to analyze the AAVE coin for futures and review the potential entry triggers and probable trend. The analysis will be conducted in daily and 4-hour time frames.
📊 Daily Time Frame
In the daily time frame, we see a strong bullish move with a healthy trend. During this movement, volume has also increased, indicating the strength of the trend.
Additionally, the movement is parabolic, and each time the price corrects less and continues with greater momentum.
After breaking the 117.65 resistance, the price moved up to the next resistance at 149.59 and is currently in a correction phase.
If the price finds strong support from the curved trendline or breaks through the 149.59 resistance, we can expect the start of the next move, targeting the next resistance at 186.82.
The RSI indicator, if it breaks above 64.88, will confirm the entry of momentum into the market. Additionally, a volume increase during the break of 149.59 will confirm volume strength.
On the other hand, if the price breaks the curved trendline and we see a confirmation of Dow Theory (Lower Low) or a break of 117.65, it will signal the end of the uptrend. The target for this bearish move could be 77.66, which is currently AAVE's key support.
For the RSI, confirmation of bearish momentum will require it to not only break the trendline but also fall below the 50 zone, indicating that downward momentum is entering the market.
📉 4-Hour Time Frame
In the 4-hour time frame, after reaching the 154.32 resistance, the market has entered a correction and consolidation phase. Since the higher time frame trend is bullish, the volume of corrective candles has decreased, and the uptrend remains strong.
In this time frame, we have two long position triggers at 146.88 and 154.32, with the RSI confirming momentum if it breaks 60.71.
For a short position, the risky trigger is at 138.14, and the confirmed trigger is at 117.65. The RSI will confirm momentum if it breaks below 42.70.
🚀 Current Market Outlook
In the short term, the trend for AAVE appears to be corrective, and it may even make a downward move. However, in the long term, the outlook for this coin remains bullish.
9/15 Weeks Overview. Rate Cut Volatility or Bullish Opportunity?Overview:
The VANTAGE:SP500 closed the second week of September with a strong green candle, completely retracing the previous week's red candle. The precision of this price action is impressive: the 1st week's open was at 5623, and the 2nd week's close was at 5626. The 1st week's close was at 5408, and the 2nd week's low was 5406. So, is this a bearish or bullish signal? Neither—it's volatility. There's uncertainty around whether we're headed for a recession or a soft landing. Will the Fed’s rate cut ignite a bull run or crash the market?
One factor contributing to this week’s positive performance is favorable macroeconomic data, such as the CPI and PPI, which came in lower than expected and weren't revised down multiple times. Next week, all eyes will be on the Fed's interest rate decision, scheduled for Wednesday at 2 PM EST. This announcement will overshadow other key macro data, including US retail sales (trending up), building permits (trending down), and the NY Empire State Manufacturing Index (trending upward since January 2024). Current expectations are split, with a 48% chance of a 0.25% rate cut and a 52% chance of a 0.50% cut. The expectation of a two-basis-point cut has doubled in just a month. If the odds were skewed more heavily (90/10), the market could avoid volatility as the move would be priced in. However, in the current scenario, even a 0.25% rate cut could trigger a sell-off.
Historical Context for Rate Cuts and Risky Assets:
Looking back at how NASDAQ:QQQ performed after past rate cuts provides valuable insight:
• July 31, 2019 to April 2020: Rates dropped from 2.40% to 0.05%. In the next three trading days, QQQ dropped 6%. However, it reached a new all-time high in 86 days and gained 22% in 202 days. This was supported by a strong labor market, with unemployment falling for eight consecutive years. The temporary decline was due to COVID shutdowns.
• September 18, 2007 to December 2008: Rates fell from 5.25% to 0.15%. QQQ soared 1.9% on the day of the cut and gained 12.2% over the next 42 days. However, the Subprime Mortgage Crisis ensued, leading to a 52% drop in 380 days. The labor market was weak, with unemployment rising for four months before the cut.
• January 3, 2001 to July 2003: Rates declined from 6.5% to 1%. This marked the collapse of the Dot-com bubble. QQQ had already corrected by 56% over 280 days. While it rallied 32% in the next 21 days, the downtrend resumed, dropping another 61.4% over the next 645 days. Unemployment had bottomed eight months before and started rising one month before the cut.
More weight should be given to the 2007 scenario, as the current labor market resembles both 2007 and 2001. The 2001 rate cut holds less relevance since QQQ tracks tech stocks, which were uniquely impacted during the Dot-com bubble.
Strategic Outlook:
Based on historical data, one could allow the market correction to finish on Monday or Tuesday, then take a long position on your favorite altcoin for 1–2 weeks—but no longer than that.
In terms of ETF flows, historically, if weekend was red, Monday opens with more sell off driven by ETFs.
BTC Timeframes:
W: Needs to stay above $58.4 to maintain short-term bullishness. However, given the upcoming volatility, the chances are slim.
D: As of Sunday evening, whales started selling off, likely anticipating next week’s volatility. As mentioned in Friday's forecast, "Short-term correction to $58.4, then volatility during the rate cut week." The current correction from Friday’s highs is 3.5%.
4h: The sell-off began at 4 PM EST and has now corrected to the weekly level of $58.4.
1h: The price has just reached the weekly level, and RSI is oversold, presenting a short-term bullish opportunity back to the $59.8 level.
Altcoins Relative to BTC:
The divergence continues, with altcoins correcting more than BINANCE:BTCUSD . While BTC has corrected 3.5%, BINANCE:ETHUSD is down 6.7%, and BINANCE:SOLUSDT is down 6.4%.
Bull Case: We are in a 2019-like scenario, where speculative assets rise for several months after a rate cut.
Bear Case: We are in a 2007-like scenario, where the labor market continues to weaken, corporate revenues shrink, and the recession plays out over a couple of years.
Fear and Greed Index: Currently at 35.64 and trending down. As long as the index remains below 40, it's a good time to start dollar-cost averaging into top altcoins like ETH, SOL, BINANCE:NEARUSDT , BINANCE:BNBUSDT , and BINANCE:AAVEUSDT .
Prediction:
We’ve already corrected to a relatively strong weekly level. The only prediction that can be made is a short-term bounce, followed by more volatility.
Opportunities:
BINANCE:FTMUSDT has reached a higher price on the 4-hour chart, but its RSI and MACD are trending down, signaling a bearish divergence. This could be invalidated by a sudden spike in BTC.
Aave into ApexAave has moved into newly appeared weekly 200ma
This beautiful structure we refer to as an apex setup. While first test may need a bit of support.. the technical setup looks great for aave to eventually breakout above this apex and run very nicely.
Aave fundamentally is obviously performing incredibly well relative to the space. As eth experience influx of money from larger entities like blackrock.. theres a good chance Aaves presence and protocol will become much more well known and respected.
Perhaps mitigate with other chain competitors
If other chains like solana surge again which seems quite likely.. then lending platforms there can offer quite a bit of competition esp for retail users. May be best to look for good entries into competitors there like Kamino.