Aerodrome Finance: Your Altcoin ChoiceHere is a chart with perfect bottom price dynamics, Aerodrome Finance (AEROUSDT).
There is a falling wedge pattern and this pattern ends with a rounded bottom. The rounded bottom is a classic and strong reversal signal. See how back in 2024 this same pattern led to growth.
Here the rounded bottom
AERO in downward momentumAERO still moving down. sitting strong at support of 1.31$ and at Fib 78.6; has fallen below trend line on 12H. POC is $1.20; put bid in at 1.29 (under fib78.6) and at 1.20 POC and 1.17 if feeling lucky at bottom of FRVP. definitely going back to 2.35 and beyond by months end.
3 Altcoins Approaching The Lower Bound!Since you enjoyed my previous post about 3 Altcoins Rejecting the $5 mark!
Here's an interesting one about altcoins retesting the lower bound of the wedge pattern:
BINANCE:PYTHUSDT
PYTH has been in a correction phase and currently approaching the lower bound of its rising wedge pattern marked
$AERO Bearish Signal -37% Potential DropBYBIT:AEROUSDT.P Chart
Daily time frame created and bearish divergence on the RSI and now starting to produce lower highs.
Head & Shoulders pattern forming, which would lead to a 37% drop to the Point of Control around $0.74.
There is good support around $1.00, if this is broken it will be a f
Aerousdt trading opportunityAEROUSDT has shown a strong recovery since reaching its bottom in July 2024, initiating a robust impulsive rally with a fresh 5-wave structure. Currently, wave 3 is underway, and a strategic buyback zone has been identified to optimize entry points. Target levels are also provided to guide decision-
Aerodrome Finance Head & Shoulders —If The Low Is In, Go BullishThis definitely looks like the H&S pattern, but what I think more interesting is the mirror image. The last rise is about to be mirrored as a drop.
AEROUSDT (Aerodrome Finance) can end up with another higher low just as it happened from July's peak leading into September.
If one goes, they all go
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.