Aerousd breaking upwards from ascending inverse head & shouldersStill has about 41 percent of gains left to make between here and its full breakout targer. Will net a new all time high in the process. Not sure where it will go from there. could always overshoot or undershoot the target as well but most alts lately have been either hitting the target precisely or overshooting then. I like this particular unconventional inverse head and shoulders because it has 2 necklines both with the same breakout target. *not financial advice*
AERODUSD trade ideas
$AEROUSD pitcfork steady grind 6% per week, >60% move @Feb 1st It's often difficult to have too much cred in a new coin yet considering that COINBASE:AEROUSD is a BASE ecosystem coin backed by CoinBase we can extrapolate the current slope to predict a steady grind up until ALT season accelerates giving us some nice delta for the next 10 weeks which in my prediction coincides with a the next major top on BTC and then rotation on BTCD and ALTs talking off.... IF NOT before. Highlights are predicted 150 day cycle repeat, already over last resistance w/confirmation and having faith that CB Ventures/CoinBase will be advertising it's BASE coins when ALT season has liftoff. Once that happens retail going pile into COINBASE:AEROUSD like clowns into the clowncar.
Aerodrome - The Boy is Ready to Become a ManAerodrome is rapidly establishing itself as the go-to platform for liquidity, even starting to drain liquidity away from Uniswap. In some instances, liquidity for trading USDC with assets like wBTC has become so limited on Uniswap that even $5 swaps are challenging. Both Velodrome and Aerodrome are approaching a pivotal position in the market. The team behind Aerodrome is also highly experienced and dependable, which strengthens confidence in their future. Overall, I’m very bullish on both Aerodrome and Velodrome.
$AERO Cleared for TakeoffAERO’s chart is prepped and ready. Here’s the flight plan:
1️⃣ Wave (1): Strong takeoff, soaring to $1.49.
2️⃣ Wave (2): Smooth descent, refueling at the 0.618 Fib ($1.11)—solid support.
3️⃣ Wave (3): Gaining altitude, aiming for $2.11 (1.618 Fib), with $3.11 as a cruising target.
4️⃣ Wave (4): Expect some turbulence around $2.10–$1.80 before steadying.
5️⃣ Wave (5): Final climb could reach $3.50+ before landing.
Final Approach: If $1.11 holds as the runway, AERO looks set to soar. $2.11 is the first checkpoint, with potential for $3.50+. Fasten your seatbelt and manage risk! 🚨
ATR/Fibonacci Analysis: Aero Price Target - $2.60 "This is my price target for Aero, calculated over a 21-day timeframe. Using Fibonacci analysis, I arrived at a target price of $2.60. By comparing it with a pips calculation over the same period, I get 5992.8 pips, which gives a target price of $2.87.
My True Range Candlestick indicator is designed to be read like a candlestick—focus on the message it conveys."
Don't worry about the selling pressure. This was well-scanned! The price will reverse!
Make sure Bitcoin isn't scheduled to crash otherwise I would take an early exit.
AEROUSD Performance update As you can see its still following the suspected trend line. Let see if it continues in the way we have analyzed. But yea these were all set up from last week and I didn't even bother to look at them over the weekend because I was busy, but I will try to get more as we go.
AEROUSD UPDATE NOT A BULL FLAG So, on a previous post I thought I saw a bull flag, but someone commented on it and said it looks like a head and shoulders. So, I went back to reevaluate the chart so this is what could possibly happen. I appreciate you looking out for me @marissaholly13. That was a close one That is what teamwork looks like.
AERO USD BULL FLAG CONFIRMEDHere we saw a bull flag, but we confirmed entered the trade and now we are up I hope this actually helps, rather than hearing about whales and bag holders all day. But I hope I am simplifying this enough for beginners to understand. As I am learning myself. It sure beats listening to people complain about bag holders and whales and such.
Aerodrome - Quick Update: The bull run has begun!Since our last update, TVL growth has seen a parabolic rise. The price should catch up soon. Dips are for buying, but be cautious of extreme volatility. Markets will soon start to price in Kraken entering the Optimism Superchain. This is super bullish for Aerodrome and Velodrome as it solidifies the Superchain's dominance as the go-to place for crypto activity.
Aerodrome - Quick Update: The bull run has begun!Since our last update, TVL growth has seen a parabolic rise. The price should catch up soon. Dips are for buying, but be cautious of extreme volatility. Markets will soon start to price in Kraken entering the Optimism Superchain. This is super bullish for Aerodrome and Velodrome as it solidifies the Superchain's dominance as the go-to place for crypto activity.
DeFi on BaseAERO is the central liquidity hub for Base. It had an initial massive move earlier this year as Coinbase Ventures began buying off the open market. In the past couple weeks, Pantera and Spartan started buying in. Linear lockup.
High tight flag above support w/ RSI reset and volume drying up. Looks ready for another leg higher.