Aave | Rounded Bottom Breaks Descending ChannelWe have some really positive news today; the Altcoins are ready to move!
➢ Here we have AAVEBTC with a descending channel that is no more. A rounded bottom and a very strong weekly bullish session is breaking the downtrend; completely.
➢ After 3.5 years of bearish action, going down, the upcoming
Aave Bullish Divergence Reveals The BottomWe are going with a classic signal for this one; the RSI bullish divergence.
AAVEBTC produced a lower low February 2024 vs June 2023.
And here is the RSI; bottomed June 2023 (higher low February 2024).
Coupled with this classic signal we also have rising volume and a break above EMA10.
This pai
✳️ Aave Bullish Trend In The MakingSince June AAVEBTC has been moving within an ascending channel, revealing to us that something positive is happening behind the scene.
At the same time we have the MA200 indicator working in our favor. This is the indicator that I've been mentioning on multiple charts.
➖ First: A break of MA200 as
📈📊 #ChartPattern Alert! 📈📊 📈 Falling Wedge 📈📈 What is a Falling Wedge? The Falling Wedge is a bullish chart pattern characterized by two converging trendlines, with the lower trendline sloping upward more than the upper trendline. It typically signals a potential bullish reversal, with the price likely to break upward after the wedge pattern.
📈📊 #ChartPattern Alert! 📈📊 📈 Triangle 📈A "triangle," in the context of trading and technical analysis, is a chart pattern that forms when the price movements of a financial asset create a shape resembling a triangle. Triangles are typically continuation patterns, meaning they often indicate that the asset's price is likely to continue mo
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.