Crypto market
Aerodrome Finance (AERO)Aerodrome (AERO) is showing strong signs of accumulation.
We've been trading within this parallel channel for nearly three months, and it's repeatedly respected both the upper and lower bounds. As we approach the bottom of this range again, it looks like an ideal accumulation zone for long-term holders.
I'm very bullish on this project. Aerodrome is the leading DEX on Base — Coinbase’s Layer 2 network — and with no native Base token currently, AERO is in a prime position to claim that top spot. There's a vacant throne on Base, and AERO is well-positioned to sit on it.
$ALT — Possible 1000x sleeper?
MEXC:ALTCOINUSDT is a Solana-based meme coin, currently listed on MEXC and LBANK for about 3 weeks. It's also tradable on Raydium. While the original developer has left the project and there are claims from some in the community that the influencer 'cryptobeast' acted in bad faith, and that insiders dumped heavily (leading to a -99% drawdown), I personally believe there is a chance for a post-dump pump.
Since it's a meme coin reliant on liquidity pools, I think stop-loss levels are less meaningful. I approach it more like an isolated futures position — only entering with money I can afford to lose.
My target ranges from above $0.40 to potentially exceeding $2. For reference, LAUNCHCOIN experienced a similar pattern — a crash right after listing, followed by a pump up to nearly 7x its launch high. I believe MEXC:ALTCOINUSDT could form a similar narrative if it rallies.
That said, I'm not part of the team, not a developer, and not a financial advisor — just sharing my personal opinion.
Inflection Zone, Do or Die levelI've drawn up a couple of major pivot points that I expect BITSTAMP:BTCUSD to consolidate at before continuing either up or down.
The market is in my opinion currently feeling a little bit confused and not quite fearful yet but a little bit doubtful anyway. The melt up has been real, and for some painful, as directional movement is at most only half of what matters. So this injection of volatility is welcomed at least by me, and I've been fairly exposed to growth stocks in my port lately.
Based on fibonacci phi channels and other confluences of support locations, it looks like we've turned a corner and are on the way down, but I'd be surprised if we breached 107k and as shown, if that did happen, there is a LOT of underlying supply.
I don't know where we go from here but I wanted to point out this level highlighted in light blue, as its historically been a major line in the sand for BTC.
$BTC One Last Flush Before the Next Leg Up!Technical Analysis really is a beautiful thing.
As mentioned, price heading down to ~$111k.
Had a small bounce off the 50DMA at $112k.
Hopefully PA doesn’t range for too long in the previous ATH POI. That will really take steam out of the bull’s engine.
I’m expecting one last flush to push the RSI a bit lower before we can continue the trend back up.
As always in a bull market, BTFD!
BTC/USD has formed a symmetrical triangle pattern on the 1-hour Price has broken downwards from the consolidation zone, signaling potential bearish momentum. If selling pressure continues, the projected target aligns with the measured move from the pattern’s height, indicating a possible decline toward the next major support zone. Traders should monitor volume for confirmation and manage risk accordingly.
Bitcoin Long Position: Strong Trendline Support! Looking to take a long position on Bitcoin (BTC/USDT) as it bounces off the ascending trendline 🚀. The trendline has historically shown strong support levels, and it’s currently retesting it for a potential reversal.
Key Points:
Current Price: 112,580 USDT 💰
Support Zone: Trendline support is around 112,000 – 111,800 ⬇️
Target: Higher Highs near 116,322 (EMA 20 resistance level) 📈
Stop Loss: Set just below the trendline at 111,500 🔒
Trade Setup:
Entry: At 112,580 USDT
Stop Loss: 111,500 USDT
Target 1: 114,800 – 115,500 USDT
Target 2: 116,322 USDT (potential breakout)
Reasoning:
Trendline Rebound: BTC is testing a major trendline support.
Short-Term Momentum: Expecting a continuation after this test.
Risk Management: Tight stop below the trendline for safety.
🔔 Stay updated: Follow for more setups and updates! Happy trading!