$99.00
24h
-11.24%
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.