Get started

AAVE / TetherUS

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

AAVEUSDT trade ideas

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.
Long
by The_Bull_Trader
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.
Long
by Richtv_official
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.
Long
by altFINS
AAVE - Support is holding strong, where is next ?BINANCE:AAVEUSDT (1D CHART) Technical Analysis Update AAVE is currently trading at $86.5 and the price has reached the support zone, this support was held strong multiple times and price bounce back from it multiple times. Im expecting the price to bounce back from this support zone again and we have nice trade opportunity. Entry level: $ 86.57 Stop Loss Level: $ 73.27 TakeProfit 1: $ 93.44 TakeProfit 2: $ 99.16 TakeProfit 3: $ 109.96 TakeProfit 4: $ 125.15 TakeProfit 5: $ 142.44 Max Leverage: 5x Position Size: 1% of capital Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
AAVE Long Trade SetupCurrent Situation: Price Level: AAVE is testing the top of the range area of support around $100, providing a potential entry point for a long trade. Trade Strategy: Entry Point: Enter a long position at the current support level of $100. Take Profit Targets: First Target: $107 - $115 Second Target: $132 - $142 Stop Loss: Set just below $93 to manage risk. Summary: AAVE is at a critical support level of $100, making it a good opportunity for a long trade. The take profit targets are set at $107 - $115 and $132 - $142, with a stop loss just below $93 to protect against potential downside.
Long
by Richtv_official
😏let's go aave👨‍💻Hello fellow traders My view on aave is bearish, but at the risk of the trend line, which is above, we can also take its rise But I don't do that My reasons for the loss of one of our volumes are clearly reduced. The number of collisions with our daily resistance is high, which reduces its strength and increases the probability of failure. For those people who take risks, below the number 81.74 is suitable in my opinion, and for those who trade safely, 78.63 Be sure to take responsibility for your own actions ⚠️Do capital management⚠️
Short
by parsa_xa
AAVE/USDT It possible breakout and continue upward movement!💎 Paradisers, #AAVE is indeed a coin worth monitoring closely. 💎 Currently, AAVE is facing resistance around 98.15. Upon reviewing the chart, it appears to be in an accumulation phase, indicating potential bullish momentum if AAVE successfully breaks out of the resistance and the descending resistance simultaneously. 💎 Such a breakout could lead to significant upward movement, possibly testing our target strong resistance area. 💎 However, if AAVE fails to break the descending resistance and experiences a rejection with a bearish candle, this could signal a potential downturn. In this scenario, the price may retreat to retest the support around 79, initiating another significant downward momentum. 💎 Historically, the price has consistently bounced each time it hit the support of the accumulation phase. Therefore, if AAVE revisits this zone, there's potential for a reversal. However, if it fails to bounce and even breaks down below the support, it may head towards the key support area. 💎 In the event of an upward scenario, if AAVE revisits the key support, it's crucial to reclaim the support around 79. Failure to do so, resulting in a break below the key support, would confirm bullish invalidation and likely lead to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
2
AAVE: Channel DownTrade setup : Price is in a downtrend, trading in a Channel Down pattern. We wait for a breakout, ideally above $100 resistance and 200-day moving average, to signal bullish trend reversal. Pattern : Price is trading in a Channel Down pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $80, then $60. The nearest Resistance Zone is $105 (previous support), then $130 and $150.
Long
by altFINS