AAVEAAVEAave
$99.00
24h
-11.24%
Michaël van de PoppeMichaël van de Poppe
9 Aug, 14:15

AAVE showing bullish divergence and MA breakout patterns

Bullish+8.17%

AI Summary

The author identifies bullish technical patterns forming across multiple altcoins and expects momentum to accelerate as more tokens show these signals.

The key trigger for #Altcoins to be moving and changing momentum is the following: ➡️ Multiple strong bullish divergences on higher timeframes (1D, 3D, 1W) ➡️ Break above the 21-Day & 50-Day MA. ➡️ Construct the first higher high and higher low after a continuous downtrend. ➡️ Increased volume. Multiple altcoins are doing this already: $AAVE, $UNI, $PUMP. More of them are ready to follow and the more that these are doing it, the heavier the moves will be.

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