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
Now BullishFalling wedge and extremely oversold while plunging to new cycle lows. Only one way for this to go from here.
Mother of all Buying Opportunities or Collapse?What do you experts see?
This could be a great buy if whoever just dumped a ton of AAVE stops selling or it could be a big dumpster fire.
✳️ 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.
Target is the 2.618 for the Santa Clause RallyAavebtc is in a tight ascending triangle coinciding with Bitcoin’s pumping and a drop to long term support. BTC.D is also within a couple points of expected top which could come and begin an altcoin spike in the next hours, days, or weeks. Thoughts?
📈📊 #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
Mood swingI'm sad today - so I made a sad chart for Aave. The silver lining is the comparison to BTC.
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Displays a symbol's price movements over previous years to identify recurring trends.