Aerodrome falling below support but this could be an opportunityAERO has fallen below historical support but it's not over yet. A confirmation of a downtrend, using horizontal resistance is a possibility. However, breaking back above horizontal as support could be the opportunity to see a reversal. This is what I call a trading moment. DCA and wait for proper confirmation.
Full TA: Link in the BIO
AEROUSD trade ideas
coinbase stock is struggling and so is the liquidity arm AEROthe liquidity arm and dex token for Coinbase 'AERO' is struggling to catch ground. its going to the ground lol. i do like it for a long term play hold.
41&32₵ is looking good, specially 32cents if you can get it.
i have bids at 48,41,32
with an average high of 2.22 it can easily go $3.00 with volume soo low.
BIG $ here~
AERO is looking for support at the bottom of the range.AERO is at the bottom of the range. Momentum is somewhat bottomed out while there are multiple drives of bullish divergence on lower timeframes. There are no confirmations of a choch but it's time to put this on a watch list. RR is very healthy.
Full TA: Link in the BIO
Top 3 high conviction altcoin AeroAs I consolidate my losers against Bitcoin a few tokens stand out that I have been adding weight to. As a general rule, if you internet money is not trending higher against BTC then it most likely will underperform through May of next year. I have taken a few of my slow movers specifically NEAR & AKT & INJ and divived those profits into the three I will cover today.
Looking at Aero you will note a very massive cup and handle. The handle is till forming and I believe we will see alts and BTC generally sucking until Jan 13th. My target for Aero remains 3.7$, this is PT area 1.
Aero set to explodeAero I just started covering and its showing one of my favorite setups. Cup and handles sweeping lows on these massive time frames are just great setups. I was hoping for the pullback we are seeing here. We just need maybe another week of consolidation and down. My target is still 3.7, but I expect this token to be a leader and possibly push 10-14$ Q1-2. Note the test of the 5 week EMA as well.
Aero a pretty obvious runnerAero has performed much better than many solidly style dex/liquidity vacuums. This is likely due to first mover advantage and being on the base blockchain which has drawn immense popularity. This cup and handle is a famous pattern especially in crypto, in general market uptrends coming from a macro bottom these tend to play out very nicely. My short term area o interest is the previous all time high wick, this is a brief historic level and should not be hard to break. My early Jan target is 3.7$. I do believe this could easily 10-20x if this bull run really takes off in Q1.
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*
$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! 🚨