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Velo

VELOUSDT Technical Analysis⏳ Spot 💎 VELOUSDT has formed a Wedge pattern. After the rejection from the support zone and breaking above the major resistance it is expected to go higher and reach TPs 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 0.214267 to 0.200376 ☕️ TP1 0.229842 🍺 TP2 0.273200 🍻 TP3 0.328344 🍾 TP4 0.375911 🍷 TP5 0.422215 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 0.200376 to 0.181854 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
4
VELO/USDT Ascending TriangleVELO in USDT pairing is forming an Ascending Triangle. This is typically a bullish pattern. A breakout can send us up 10-20% (green box) area. On the other side, there is much resistance here at top of triangle. BTC also can consolidate some from its previous pump and make alts cool off, in the case BTC consolidates we can see VELO and other alts break down into the (red box) areas. Stop loss would be a violation of the bottom support trendline in the triangle. Right now we are anticipating strong momentum to push us through while understanding market conditions and knowing where to place SL.
by UnknownUnicorn28488832
VELO going long It is a small cap Alt with less than 100M VELO in circulation. Volatility is highly expected. From the fundamental perspective, VELO team are promising the moon but the reality is far from it. Therefore, I am trading it as a shitcoin and taking it for a ride. From the TA perceptive, VELO is at rock bottom... very low volume at this stage too. But like all shitcoins, it'll have its day in this boiling bull run. The RSI is moving upwards from the 40 level after maintaining that level for long. My entry price is marked in blue, and my exit is set for 300% for now.
Long
by eBlockChain
1