VELO - Waiting for the PERFECT Retest

Updated
I’m giving it another shot. I’m confident the last setup was solid, but I got a bit greedy with my entry. If the price doesn’t dip further from here or before Tuesday/Wednesday, I’ll abandon the idea since there’s significant strength in this one.

I’m aiming for a retest at that crucial level for a better entry. I’ll have to wait and see if the market offers this opportunity or if it moves on without me once again. VELO
Note
I think that was it, close to $0.015.

From a macro perspective, it has reclaimed a pivotal area, and things do look bullish from here.

It’s an easy trade above or below if it starts to break down. Regardless, I like these levels, and it seems to be leaning more towards a swing trade, similar to IMXUSDT.

snapshot
Trade active
Let’s Go!

After some time, it's finally getting into my orders. Looks like someone might be trying to front-run me. 😊 Feeling great about this one—should hold from here!

snapshot
Trade active
It has to move away from entry. It's now or never!

snapshot
Note
Quick TP,

Was worth the wait.

Leaving a small bag running in case it gets crazy

snapshot
altcoinBitcoin (Cryptocurrency)Chart PatternsTechnical IndicatorslongsetupTrend AnalysisvelovelolongVELOUSDT

Also on:

Related publications

Disclaimer