AEVO - Shift in Momentum in Action 📉📈Hello TradingView Family / Fellow Traders,
📉 AEVO has been overall bearish trading within the falling channel in red.
📈 For the bulls to take over, leading to a movement towards $2, a break above the upper red trendline and $1 round number is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
AEVO
Trade Idea for Aevo (AEVO) - Accumulation StrategyAevo (AEVO) is currently trading around $0.82, experiencing significant volatility due to upcoming token unlock events and its recent market performance. With a circulating supply of 110 million AEVO and a maximum supply of 1 billion, the market cap stands at approximately $90 million.
Consider initiating a position at the current price level of approximately $0.82. This price provides a strategic entry point, considering the recent price corrections and the potential for future rebounds.
Plan to accumulate additional AEVO tokens at lower price points of $0.80 and $0.60. This approach allows for averaging down the entry price and capitalizing on market dips.
Set multiple take-profit targets to capture potential gains during upward price movements. The initial targets can be set at $1.80 and $2.25, followed by $3.00 and $3.50. These targets are chosen based on psychological price levels and potential resistance points.
On May 15, 2024, a significant token unlock event will increase the circulating supply by 827.6 million tokens. This could lead to short-term price volatility but also presents opportunities for strategic accumulation during potential dips.
AEVO’s role as a decentralized derivatives exchange with a custom Layer 2 solution enhances its value proposition. Despite recent declines, the long-term potential remains promising due to its robust trading infrastructure and backing by significant investors.
Accumulating AEVO at strategic price points leverages market volatility and the potential for future growth. The phased profit-taking strategy aims to optimize returns as the market potentially appreciates following the token unlock event and increased adoption.
This trade idea is based on the current market data and AEVO’s strategic positioning as of May 2024. Cryptocurrency investments carry inherent risks, including the loss of principal. Investors should conduct their own research and consider their financial circumstances and risk appetite before engaging in cryptocurrency trading. This analysis is not financial advice.
Massive Conversions ---- RBNBased on the rebranding, AEVO recently started the conversion with RBN. The conversion ratio is 1:1. This provides traders with significant basis arbitrage opportunities. Although it is a rebranding, RBN's main product is the option vault, which transforms the option seller market into vaults to provide continuous yield. In addition to options, AEVO provides Pre-market and Perptual markets to attract more funds.
From a business perspective, the launch of AEVO not only consumed the buyer demand for Ribbon’s options, but also became the main pre-market in EVM chains. The rebranding was successful.
But in terms of price , perhaps the decline is still not over. We use RBNUSDT to ensure that there is sufficient data to support the indicator signal. At present, RBN has given up all the benefits brought by the token conversion. And the trading volume gradually increased during the decline.
Judging from the TSB indicator, after a long bullish trend, the TSB indicator gave a SELL signal on April 23. RBN then entered a bearish trend and the column remained below the wavy zone. This indicates that the bearish trend will continue.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
#AEV/USDT#AEV
We have a bearish channel pattern on a 4-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 1.20
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 1.54
The first goal is 1.77
The second goal is 2.00
The third goal is 2.23
Aevo completed a setup for upto 60% pumpHi dear friends, hope you are well and welcome to the new trade setup of Aevo with US Dollar pair.
Recently we caught a nice trade of AEVO as below:
Now on a daily time frame, AEVO has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
AEVO airlinez ALIVEWelcome on board dearz, last post was deleted by admins coz I wrote smthn' against rulez
BUT
I learned my lesson and I really wanna share my idea here:
Az u can see, Binance becomes greedy and take all good projectz he can reach, but I in doubts'. Thatz WHY I make 2 Fibo channels, lest look togeza how it will be goin', IMO its a huge Mr.T lime bodybuilder or giant :)
Aevo/Usdt Update AEVO/USDT appears to be on the verge of a breakout in the near future. The current chart pattern and indicators suggest a potential bullish move. If a breakout does occur, we could see a substantial rally of 50% to 100% in price. It is important to note that this information is not financial advice, and any decisions should be made after conducting your own research (DYOR - Do Your Own Research).
Technical analysis shows that AEVO/USDT has been consolidating for some time now, forming a strong base. This consolidation phase often precedes a significant price movement, and indicators like volume and momentum are showing signs of potential upward movement.
Traders and investors should keep a close eye on key resistance levels for confirmation of the breakout. If the price manages to break above these levels with strong volume, it could set the stage for a powerful upward trend. It is also crucial to set stop-loss orders to manage risk in case the breakout does not materialize as expected.
Market sentiment and overall crypto market conditions can also influence the price action of AEVO/USDT. Positive news developments or market trends could further fuel the anticipated bullish rally.
In summary, based on technical analysis and market conditions, AEVO/USDT appears poised for a breakout with the potential for a significant bullish rally of 50% to 100%. However, it is essential to conduct thorough research and consider all factors before making any trading decisions.
AEVO/USDT Ready to Explore Unchartered Territory 🚀AEVO Analysis💎Paradisers, set your gaze on #AEVOUSDT. It’s poised on the brink of a breakout from a symmetrical triangle. If it ascends, brace for a bullish tidal wave that will send it to explore unchartered territory.
💎If #Aevo stumbles at the triangle’s apex, we expect a fierce rebound from the $2.65 support—a wellspring of liquidity that’s sparked many a rally from this support.
💎What if it Falls below $2.65 ? Keep your eyes focused on a bullish resurgence from the $2.32 stronghold . Breaking this level could signal a market bearishness.
💎Paradisers, with eyes wide and strategies at the ready, we’re charting the #AEVO odyssey with precision and prowess.
AEVO/USDT Breakout Alert! Ready for continue the upward movement💎 AEVO has recently demonstrated significant market dynamics by breaking out of the falling wedge pattern after bouncing from the support area.
💎 Currently, the price is in the retesting phase on the trendline, indicating a potential continuation of the upward movement. AEVO can reach the maximum target pattern area.
💎 However, if AEVO fails to sustain its upward momentum, it may retreat to test the support around the $2.7 area to gather new momentum.
💎 The support level is crucial for AEVO, as a successful bounce from this level is necessary to maintain the upward trajectory. However, if AEVO fails to bounce and breaks below the support, it could signal a shift to bearish sentiment, leading to further downward movement.
Aevo/Usdt Buying Opportunity Currently, the AEVO/USDT pair is displaying signs of a breakout on the 4-hour time frame. Buyers are demonstrating increased interest in the asset, indicating a potential upward movement. If the breakout is successful, it is anticipated that there could be a bullish move of approximately 30-60% in the short term. It is important to note that this information is not to be construed as financial advice. Please conduct your own research (DYOR) before making any investment decisions.
Aevo completed a setup for upto 26% pumpHi dear friends, hope you are well and welcome to the new trade setup of Aevo with US Dollar pair.
Recently we caught almost a nice trade of AEVO as below:
Now on a 2-hr time frame, AEVO has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
AEVO MID TERMAevo operates on Aevo L2, a custom Ethereum rollup created using the Optimism stack. This enables Aevo to support over 5,000 transactions per second and process over $30 billion in trading volume.
With a market cap of $300 million, we expect this token to show significant growth in the medium term.
AEVO/USDT LAST CHANCE Aevo/USDT appears to be on the verge of a breakout, making it a potentially opportune moment to purchase the dip. Based on my analysis, I anticipate a substantial breakout in the near future, possibly leading to a new all-time high (ATH) for the asset. I foresee a bullish move ranging between 80% to 160%. However, please note that this information is not financial advice; it is advisable to conduct your research (DYOR) before making any investment decisions.
AEVO/USDT PLAN The Aevo/USDT market structure currently exhibits a shift towards a bullish sentiment, indicating that the price is likely to approach a retest of the trendline resistance. Analysts estimate a 90% probability of an upcoming breakout, which could potentially lead to a 40-80% bullish movement in the short term. However, it is important to note that this information is for educational purposes only and should not be considered as financial advice.