AERO UPDATEGood Morning traders
This is an AERO UPDATE. As I better myself, I'm finding ways to show potential and no potential.
This is a FIBONACCI guidance with a very powerful Volume-Weighted Average Price.
Advanced alternate forecast weight is part of my algorithm which I've recently added to my trade. This helps me determine my next move and reads Power Bull Run. There are plenty of ways to read this TA.
2 BULL Signals. Always consider BITCOIN. Never trade without analyzing BITCOIN otherwise you're going to get trapped. there is no such BULL RUN unless BITCOIN is BULLISH.
It does not matter how BULLISH an ALT might look. This is 99% percent true.
TRAP means I don't want to expose the price target for Smart money manipulation. Let's be ahead of them and make profits.
If I'm available, send me a message, ill unveil the target but only if the target is nearby.
AERODUSD trade ideas
Aerodrome Finance is a 25x - 50x Coin From Here#Aerodrome Finance is the central marketplace and liquidity hub for the Base Network, which is #Coinbase's #Ethereum L2 built to bring one billion users on chain. #Base can be regarded as Coinbase's answer to #Solana.
Since Base won't have its own token, many consider Aerodrome Finance, whose founders/creators work closely together with those of #BaseNetwork, to be the next best thing.
Aerodrome Finance has been gaining traction fast lately and has become an onchain volume leader.
Currently, Aerodrome Finance sits at around the 150th place in terms of market cap, which means it's still in its infancy. In fact, the Total Value Locked on SPARKS:AERO is greater than the market cap of the #Aerodrome coin – there is a very valuable lesson in there for those who pay attention.
Aerodrome with the current marketcap of BNB = $132 (205x)
Aerodrome with the ATH marketcap of BNB = $189 (300x)
Aerodrome with the current marketcap of Uniswap = $9 (13x)
Aerodrome with the ATH marketcap of Uniswap = $39 (60x)
Aerodrome with the ATH marketcap of Pancakeswap = $12 (18x)
#AerodromeFinance, which is a real coin with utility and closely linked to Coinbase, currently has a meager marketcap of $0.3 billion. In comparison, a meme coin like CRYPTOCAP:PEPE currently has a marketcap of over $3 billion - 10x that of #AEROUSD!
I personally believe AERO is a solid choice and may become one of this bull cycle's biggest winners. It's potentially a 25x to 50x coin from the current price.
Once altcoins start running again, I expect this coin to do a quick 10 - 15x before the next significant correction.
$AEROUSD an alt worth watching?COINBASE:AEROUSD Finance (by request):
This altcoin is an AMM for BASE ( NASDAQ:COIN ).
We rejected from the $1 level at the channel bottom as anticipated. This month I hope to see us set a higher low, against the $0.40 cent bottom in July (blue half-circle, around $0.55), ready to re-test the $1 level by the end of the month, assuming CRYPTOCAP:BTC can find its legs. Bear case would be a breakdown of our white trend-line since March, falling to a double bottom at ~$0.40 (red flag)
Remember, the altcoin market is a derivative of the Bitcoin market, so expect the price action of COINBASE:AEROUSD to move with CRYPTOCAP:BTC , but with a higher beta. The exciting setup is that COINBASE:AEROUSD will probably trade with CRYPTOCAP:BTC bullishness - so if we can get into the top half of the channel, there is almost no resistance between ~$1.40 and the channel high at $2.
AERO/USD - 1D - LongAERO has been following technicals extremely well with our prior low and end of Wave C exactly bouncing off of the 1.272 ext of wave A, and now we are bouncing at the .382 of wave 1 as well as structural support. I am looking to play a continuation here to the upside, using our strong technical confluences and the existing respect of technicals as our base.
AERO: THE BIG MOVE IS READY (Target PRICE $2.03)Here is a long position. This trade is to stay within the 3D TF. Don't get fooled by the smaller timeframes.
Why? Because the Bull release will play its role once near the date or on 8/16/24. Let's say AERO moved up by 50 cents before 8/16, many will exit not knowing there's a hidden bull waiting to activate. That's when the fun starts.
Facts to consider:
Blue wave bull plot about to activate the candlesticks for bullish momentum
Smart Money Plots reads a foresee of price movements.
Indicators RSI AND my pivot wave plots read pure uptrend
Smart Money contraction value line at $1.07 is a plot to panic retail traders which is a consolidation point but the trend will eventually move.
The above GAPS will be filled
AERO - What a bounce back, but now what? AERO has shown some incredible strength as of late with a near 100% rebound after finding support down at $.40. We are right in the middle of a pennant that needs to decide if it will turn bullish or reverse back into the downtrend. As always watch for volume and news.
Current Support Levels
$.84
$.40
Current Resistance Levels
$.99
$1.20
$1.36
I am long, but hesitant and watching closely.
Aerodrome looking strongThe recovery from the bottom has been solid, and if it breaks through the resistance, I believe it has the potential to double. This is just my personal opinion and not a recommendation to buy or sell. Please do your own research and analysis (DYOR).
Disclaimer: The information provided here is for educational purposes only and does not constitute a buy or sell recommendation. I am not a financial advisor and I reserve the right to be incorrect. Do not make trading decisions based on information from the internet. Always consult your financial advisor or conduct your own research before making any investment decisions.
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#AERO 64% Hot Setup Falling wedge Ai Target and Double Bottom AERO 64% Hot 🚀🔥🛗🔥 Setup
#AERO 64% Hot Setup Falling wedge Ai Target and Double Bottom
As always tune in to Our Realtime Signal Server on My Signature & Bio
SPARKS:AERO Da Dip looks very tasty right now but try to wait for wedge support contact that Retest & Go Glory for an even better entry unless you got the FOMO . It really just feels right RN
Good Luck but you will not even need it on this one 🚀🔥🛗🔥
Leave this one Alone MODS, Stop taking down my setups
50%+ gains from hereTaking a look at BTC and ETH, crypto looks ready for a major run. Aero has fallen back to its demand zone at the .618 Fibonacci level, broken its downtrend trend line, is currently retesting and looking for a break out. (Run on sentences don’t matter here;) )
On the news front, fed still on track to lower rates which is bullish. Geopolitical tensions have eased some. As of now, nothing bearish currently ongoing.
Disclaimer: this is crypto, anything is possible if you haven’t learned that already. This is not financial advice, but my own educated opinion.
This is the BUY ZONE.
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 now back to a buyWill follow crypto market. As long as there is no Btc crash, aero around 90 cents has been the buy target. It has retraced to its .618 Fibonacci level and overextended into oversold territory on rsi and pulled further away from its moving averages. IMO a nice bounce is expected in this area
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.