AAVEUSDT trade ideas
Trade Setup: AAVE Leverage Long PositionMarket Context:
AAVE has demonstrated strength recently and is pulling back into a region of interest with multiple levels of confluence, including the 100-day and 50-day moving averages, a trend line, the 0.382 Fibonacci retracement, and the monthly pivot. This provides a solid support region.
Trade Parameters:
Entry: Ladder into the trade within the $93.8 to $91.5 area of support.
Take Profit:
First target: $98
Second target: $104
Third target: $111
Stop Loss: Set a stop loss for a candle close under $90.8. This limits stop-loss risk to around 1.5 to 2%, offering a decent risk-reward ratio for the full trade.
📊 Monitor the price action for confirmation of support levels and adjust based on market dynamics to optimize the trade setup. #AAVE #CryptoTrading #TradeSetup 🎯
AAVEUSDT Bullish Chart!AAVEUSDT Technical analysis update
The AAVEUSDT price is breaking the trend resistance line on the daily chart. The price could be retested before moving up. Additionally, the price is trading above the 100 and 200 EMA, which is a bullish sign for AAVE.
Buy Level: Above $95.00
Stop Loss:$83.00
Regards
Hexa
Aave (AAVE): Looking Ror Rejection Near ResistanceAave is looking nice after a breakout from EMAs, and now we are looking for that upper resistance zone.
As the price is having steady upward movement, we see a chance for the price to touch that resistance where we want to see a rejection!
Swallow Team
AAVE ANALYSIS (1D)It looks like a bearish triangle is forming. Now it seems we are in wave e of this triangle
We are looking for sell/short positions in the red box.
The targets are clear on the chart.
Closing the daily candle will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
AAVEUSDT Weekly Update.Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
The AAVE/USDT weekly chart depicts a descending triangle pattern, which is typically a bearish continuation pattern. The current price is trading below the moving average, indicating a bearish trend. The RSI is neutral to slightly bearish.
If the price breaks below the horizontal support, a further decline to $65 could be anticipated. Conversely, a breakout above the downtrend resistance line could see the price targeting $530, representing a substantial potential upside in the upcoming bull run.
Key Observation:
~ Primary Support: $80 to $88.
~ Lower Support/Entry: $65.
~ High Liquidity Range: $50 to $55.
~ Resistance: $100.
~ Possible Rally: $240, $335, $412, $530.
DYOR. NFA.
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#AAVEUSDT #1h (OKX Futures) Rising wedge breakdown and retestAave just printed a gravestone doji followed by a shooting star, seems likely to retrace down to 200MA support.
⚡️⚡️ #AAVE/USDT ⚡️⚡️
Exchanges: OKX Futures
Signal Type: Regular (Short)
Leverage: Isolated (5.0X)
Amount: 4.5%
Current Price:
95.44
Entry Targets:
1) 95.87
Take-Profit Targets:
1) 87.43
Stop Targets:
1) 100.10
Published By: @Zblaba
CRYPTOCAP:AAVE OKX:AAVEUSDT.P #1h #DeFi #DAO aave.com
Risk/Reward= 1:2.0
Expected Profit= +44.0%
Possible Loss= -22.1%
Estimated Gaintime= 3 days
AAVEUSDT - there only single area, hold or not??#AAVEUSDT.. well guys according to technicals market have one n single area on table that is 91.30
Keep close it guys.
That will play key role in further move to anyside.
And if market hold it then. You can see a bounce from here ..
Good luck
Trade wisely
ANALYSIS OF AAVEUSDT.PCurrent Price: 98.8 USDT
Average Price Change: 1.126
Oversold Condition:
Last oversold on 11th June, 2024, when it dropped to 73.522 USDT, indicating a potential reversal or buying opportunity.
Support and Resistance Levels:
Current support at 96.268 USDT
Broken resistance level at 96.332 USDT
Bollinger Bands:
Lower Bollinger Band: 92.898 USDT
Middle Bollinger Band: 95.766 USDT
Upper Bollinger Band: 98.635 USDT
Analysis and Trading Strategies:
Support and Resistance Levels:
Support: The current support at 96.268 USDT indicates recent price strength. If AAVEUSDT.P holds above this level, it suggests bullish momentum.
Resistance: The broken resistance at 96.332 USDT becomes a key level to watch. AAVEUSDT.P needs to stay above this level to confirm further upside potential.
Bollinger Bands:
The current price of 98.8 USDT is near the upper Bollinger Band (98.635 USDT). This suggests that in the short term (4H timeframe), AAVEUSDT.P may be approaching overbought conditions. Traders might want to exercise caution if considering new long positions at these levels.
Trading Strategies:
Long Position Strategy: Given that the price has already broken above the resistance level of 96.332 USDT, if you are holding long positions, aim for targets towards higher levels or the upper Bollinger Band or trail a stop loss. Remain vigilant for signs of potential overbought conditions near the upper Bollinger Band.
Short Position Strategy: Avoid short positions unless there's a significant drop below the support level of 96.268 USDT, indicating a potential trend reversal.
Stop Loss: Place stop losses below the support level of 96.268 USDT to manage risk. Adjust stop losses as the price moves in your favor to protect profits or minimize losses.
Conclusion:
AAVEUSDT.P appears bullish on the 4H timeframe, with a strong support level and a recently broken resistance. Traders should monitor price action around the upper Bollinger Band for potential overbought signals. Confirming a sustained breakout above 96.332 USDT could signal further upward movement. As always, consider market conditions and use additional technical and fundamental analysis to make informed trading decisions.
$AAVE #AaveLabs Trading IdeaAAVE/USD (AaveLabs) went back inside the accumilation phase. Formed a potential falling wedge pattern (I don't believe in H&S). Full send after a breakout. This Golden Zone at around $395.95 represents where I would take 70-80% of my profits after accumulating more coins.
AAVE Long Trade SetupCurrent Situation:
Trend: AAVE has broken below the weekly and monthly pivot levels and is nearing the bottom of the monthly resistance level.
Support Zone: The current area is a strong support zone based on historical price action data.
Trade Strategy:
Entry Criteria:
Support Confirmation: Wait for the price to find solid support within the entry zone for extra confirmation.
Weekly Pivot Reclaim: For additional risk management, wait for the price to reclaim the weekly pivot.
Entry Point: Enter a long position between $80.72 and $81.64.
Risk Management:
Stop Loss Adjustment: If the price moves 2-4% away from the entry, move the stop loss to break even to manage risk and avoid potential manipulation.
Take Profit Targets:
Primary Target: $86.16
Secondary Target: $89.48
Stop Loss: Set a stop loss at a candle close under $80.46 to limit potential losses.
Summary:
For AAVE, after breaking below key pivot levels and approaching a strong support zone, wait for the price to confirm support within the entry zone and possibly reclaim the weekly pivot for extra risk management. Enter a long position between $80.72 and $81.64, targeting $86.16 and $89.48 for profits. Set a stop loss at a candle close under $80.46 and move the stop loss to break even if the price moves 2-4% away from the entry to mitigate risk.
AAVE: Approaching SupportTrade setup : Price remains in a Downtrend until it breaks above the 200-day moving average (~$100). After a failed breakout from Channel Down pattern, price dipped back below 200-day moving average and reached $80 support. That's a level where price has found support several times in the past and could be a swing trade entry. This is a riskier trade setup because it’s against the overall downtrend.
Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum is Bearish (MACD Line crossed below MACD Signal Line) BELOW days ago. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $70.00. Nearest Resistance Zone is $90.00, then $115.00.