AAVE/USD Elliott Wave technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave (4).
Direction next higher degrees: Wave I of Impulse.
Wave cancel invalid level: 81.238.
Details: The Corrective of Wave (4) before the Increase in Wave (5).
AAVE/ U.S. dollar (AAVE/USD) Trading Strategy: The fourth wave correction before another increase in the fifth wave, which tends to extend sideways with a Triangle pattern, so the overall picture is a short-term correction before another increase.
AAVE/ U.S. dollar (AAVE/USD) Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bearish Momentum.
AAVE/USD Elliott Wave technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave (4).
Direction next higher degrees: Wave I of Impulse.
Wave cancel invalid level: 81.238.
Details: The Corrective of Wave (4) before the Increase in Wave (5).
AAVE/ U.S. dollar (AAVEUSD) Trading Strategy: The fourth wave correction before another increase in the fifth wave, which tends to extend sideways with a Triangle pattern, so the overall picture is a short-term correction before another increase.
AAVE/ U.S. dollar (AAVEUSD) Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bearish Momentum.
AAVE Elliott Wave technical analysis [Video]
As with any investment opportunity there is a risk of making losses on investments that Trading Lounge expresses opinions on.
Historical results are no guarantee of future returns. Some investments are inherently riskier than others. At worst, you could lose your entire investment. TradingLounge™ uses a range of technical analysis tools, software and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.
The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without considering your objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice considering your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in securities and derivatives products is appropriate for you considering your financial circumstances.
Recommended Content
Editors’ Picks
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP struggle despite Trump’s Bitcoin Reserve order
Bitcoin price extends its decline, trading around $87,000 on Friday after falling more than 7% so far this week. Ethereum and Ripple prices declined nearly 15% and 16% respectively despite Trump signing an executive order to create the US Strategic Bitcoin Reserve on Thursday.
Litecoin price tumbles below $100 as XRP and ADA take center stage for White House Summit
Litecoin price dipped below the $100 mark on Thursday, losing 22% in the past week as markets reacted to updates to US trade tariffs and speculation surrounding White House Crypto Summit to be held on Friday.
Bitcoin News Today: President Trump confirms new BTC policy, Sacks blames Democrats for 195,000 BTC sell-off
Bitcoin price dipped 5% to hit $85,000 on Monday as skittish sentiment around US Trade policy and Non-Farm Payrolls data introduced fresh volatility ahead of the White House Crypto Summit. However, a recent Bitcoin Strategic reserve announcement from Trump's Crypto Czar David Sacks could spark more gains.
Trump signs executive order to create US Strategic Bitcoin Reserve as crypto summit attracts top industry leaders
AI and Crypto Czar David Sacks confirmed on Thursday President Trump's executive order to create a Strategic Bitcoin Reserve, and a list of key crypto industry figures attending the White House Crypto Summit.
Bitcoin: BTC bloodbath continues, near 30% down from its ATH
Bitcoin (BTC) price extends its decline and trades below $80,000 at the time of writing on Friday, falling over 15% so far this week. This price correction wiped $660 billion of market capitalization from the overall crypto market and saw $3.68 billion in total liquidations this week.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.