Aave
🤹AAVE- 2021 downtrend near its end?AAVE was in a downtrend pretty much all throughout 2021. The recent pump got rejected at dynamic/static resistances, but the price is now back at important support zone(green), giving us a solid pre-breakout entry:
Entry(pre breakout): buy between current price -- 210.0 -- or buy first given pullback once the price breaks above 281.6 (safer entry)
Targets:
252.4(short term)
281.6(short term)
and then:
341
427
461
487
538
612
668
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About AAVE:
Aave is a decentralized finance protocol that allows people to lend and borrow crypto.
Lenders earn interest by depositing digital assets into specially created liquidity pools. Borrowers can then use their crypto as collateral to take out a flash loan using this liquidity.
Aave (which means “ghost” in Finnish) was originally known as ETHLend when it launched in November 2017, but the rebranding to Aave happened in September 2018. (This helps explain why this token’s ticker is so different from its name!)
AAVE provides holders with discounted fees on the platform, and it also serves as a governance token — giving owners a say in the future development of the protocol.
Source: coinmarketcap
AAVE is suitable for mid-term investmentAAVE has reacted very well from the $ 150 range on a weekly TF, which is a sign of its strength. This coin is suitable for medium-term investment. Enter if the negative trend line is broken, and in the case of correction, the range of $ 200 to $ 220 is suitable for entry. Targets are $ 425, $ 580, $ 970 and $ 1,180.
Today the day of breakout for AAVE ?!Today the day of breakout for AAVE ?!
After the RSI breakout AAVE tries to break the well respected price resistance.
So... todays daily candle close is very very important !
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Long AAVEUSD - A validation of the bullrun towards $430First and foremost this is my own hypothesis and in no way suggests a buy or sell advice.
We reached a low marking the end of our phase 2 correction around $153, which formed the ABC sub-waves (purple) in a Zig-zag pattern.
We then traced the phase 3 of our impulse which is waiting for us to cross MM200 which has become an important resistance as well as our Kumo.
Finally, we need to cross the $430 mark to validate the Elliott wave impulsive structure and take off towards our next objective of this wave 3.
To conclude we have two main objectives before the validation of the bullrun :
The first one is located on the MM200 and close to the Kumo around 300$.
The second is located around $430 corresponding to the old highs to recover.
Let's give AAVE time to validate this analysis.
If you agree with this scenario let me know with a like.
Otherwise let me know your point of view with a comment!
AAVE- Failure to touch 300$ is a Bearish signDid quite well with AAVE but it's time to re-consider.
Price has failed to reach the 300$ mark and looks bearish at this very moment.
Been absolutely Great though:
We will be abck with a new entry point a bit later. For now the outlook is bearish.
One Love,
the FXPROFESSOR
🔥 AAVE Bullish Wedge Break Out IncomingAround 10 days ago I made an analysis on AAVE and the potential break out of the bullish wedge.
As expected, the top of the wedge offered significant resistance. We had to cool off a little before the bulls tried their luck again. This time, however, it seems that the bulls are taking the overhand and are attempting a break out of the bullish wedge pattern.
Assuming we can close the day above ~$280, I'm expecting further upside for this token. Be aware that any bearish move from BTC can cause AAVE to fall back within the channel.
Targets placed at recent tops and round numbers.
Happy trading!
AAVE- 310$ Or Higher AAVE has offered us a nice profit during a difficult period.
With the market being stagnant and mostly sideways and with fears of a more generalized correction over our heads, we definitely appreciate such charts like AAVE.
Technically we had a nice breakout with a 4x previous support action :
We did well for buying this and we expect 300-310$ for taking profits.
Hope you like our chart for AAVE as much as we like the news:
- The founder of Aave has revealed that the Defi protocol is going to build a mobile wallet this year. (awesome!)
- Aave Connects With Traditional Finance Ecosystem Via Centrifuge Partnership
More opportunities, more user empowerment.
Go AAVE!
the FXPROFESSOR
AAVE | looks Solid for midterm Hold..!!
#AAVE (Update)
Pay Attention to #AAVE 👀
looks Very Solid for Q1, 2-3x Bullish Wave Expected..!!
So far Consolidating in Descending Wedge Pattern & In Case of Breakout, expecting +250% Bullish Wave in Coming Days.
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
AAVEUSDT - LONGBased on technical factors there is a long position in AAVEUSDT Aave
AAVEUSDT Aave
Score 1️⃣
🔵Long Now or set on Key Level 255.0
🟢Target 1 266.5
🟢Target 2 278.0
❌Stop loss 252.0
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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AAVEUSDT : Wait for break out the wedgeIn AAVEUSDT 4h chart.
The price still in the wedge ,if it try to break out and stand firm on the wedge ,trading strategy as below .
SL: 230.8
TP1: 296.8
TP2: 334.7
TP3: 350.0
TP4: 366.4
TP5: 382.8
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
AAVE shark pattern or inverted head and shoulders#AAVE/USDT
$AAVE broke down long term ascending support and completed the head and shoulders pattern.
now price is in pullback to broken support to confirm it as resistance and complete white swan pattern.
if price break out ascending resistance it can increase toward $600 to complete harmonic pattern line shark.
but if price reject from this ascending line, it is going to shape a reverse head and shoulders.
Last 3 Picks: AAVE +43% - ENJIN +39% - FANTOM +97%Our last 3 picks have done miracles in a matter of days. Probably time to take some profits though.
We don't think we could have done better than this as all 3 outperformed the market.
Especially FANTO M that rose from 1.21 to 2.35
Our entry was a classic breakout backed by great fundamental analysis:
AAVE was also a nice breakout to Buy:
Target remains the 300$ but we are taking profits this morning. The market is scaring us at the moment and we need to go slowly.
Last but not least Enjn :
One of our Top Picks for the Season as we had called it:
Let's keep doing Great but mind the market. Situation is not all that great with rate hikes happening, liquidity might be affected and so might prices as well.
Regardless, been able to choose from the lots, based on Technical analysis and fundamentals and we will be SUPER-FINE!
One Love,
the FXPROFESSOR