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 is coupled with a new All-Time Low as well as rising volume. Both factors add further strength to this pattern as a reversal signal.
This is all I have to say to support a bullish wave.
The correction started in early December 2024. It went on for exactly four months. The duration of this correction is also quite revealing because corrections tend to last between 3-6 months. In a bull market, normally they last between 2-3 months. Since this one is preceding a bull market, it can last longer and that's what it did.
Now that all gains have been removed, a new All-Time Low. The market is ready and can grow really strong.
Whoever remains holding is really in it for the long-term. If you are not holding, this is a great buy. The price available now won't be around for too long. Just watch, once it starts growing and we look back, it will be easy to realize that the bottom buy opportunity lasted only a few days. That's it, a few days of great entry prices and then a long-term bullish wave.
The time to buy is now.
Thanks a lot for this Altcoin Choice.
Your support is highly appreciated.
Namaste.
AEROUSDT
AERO, take off! Storm ahead. If you find this information inspiring/helpful, please consider a boost and follow!
Took off out of area of interest and headed up to the next area of interest for me.
Going to be watching HOW, the price action reacts around this level.
If the level breaks I need to see it hold above.
Arrows indicate the price action I want to see.
AERO, ready to fly? Elliott WaveIf you find this information inspiring/helpful, please consider a boost and follow!
Aero looks like it is in the midst of an impulse down.
Though it is in the algo entry area, would like to see the LHs taken at some degree for the potential of a trend change.
These levels are pretty obvious, so a break or reaction off of them would be a nice piece of confluence.