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Vela Exchange/Tether

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VELAUSDT trade ideas

who wanna 2x coin?!who wanna 2x coin?! hello guys... this coin was on the descending channel and broke out once and before that breaking engulfed two last support and demand area! in the mid-term time frame, this coin made an ascending channel and touched the target area! it is possible the price touches one more time the area below the last lower low so you can get a long position there! the target is 1.96 ______________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
Long
by melikatrader94
8
Velausdt Trading opportunityThe VELAUSDT pair has exhibited a bullish signal by breaking out from a falling wedge pattern. This breakout suggests that the price may continue its upward trajectory. Currently, the price appears to be consolidating within a minor bearish flag formation, which is often a continuation pattern. The expectation is for the price to break down from this flag and enter a re-accumulation zone. This zone is deemed to be an attractive buying area for those looking at mid-to-long-term investment opportunities, as it could precede another leg up in price. Profit targets based on this technical setup have been indicated on the chart for traders to consider. As always, it's crucial to trade cautiously, employing proper risk management techniques such as setting stop-loss orders to protect your investment from sudden market moves. Your engagement with our analysis through comments and likes is appreciated, as it helps us understand your views and preferences for our future analyses. Please keep in mind that while technical analysis can provide guidance on potential market movements, it's not infallible. Market conditions can change rapidly, and external factors can influence price action.
V
by weslad
2
VELA/USDT explosive bullish move? 👀 🚀 Vela Today analysisParadisers, gear up for an exhilarating opportunity! #VELAUSDT appears primed for a bullish breakout, potentially shattering its downward trendline to fuel further upward momentum👀 💎 Recently, #VELA has been consolidating around a key support level. With increasing volume, we're optimistic about a bullish shift in the near future. 💎 After initially setting equal highs, the price took a notable dip, signaling a change in character and furthering its downward trajectory. However, bullish momentum seems to be making a comeback, and we expect the price to address the supply zone soon. 💎 Keep an eye out: if the price breaks below the support level amid market uncertainty, a downward move could be on the horizon. Stay tuned for more insights! 🌟
VLong
by MyCryptoParadise_Simon
VELAUSDT at 4h resistance, likely to pullbackThe price has once again reached to the 4h resistance 4HR1 and getting pushed back down from there. I believe the price is heading down to next support level. I had some spot which I have sold and planning to buy around 1.523. If it does not go down, then I will buy when it goes upward and closes above 4HR1 resistance. Thanks for pointing out this coin. Trade and levels are working pretty perfectly for this one with enough volatility and bigger range.
Short
by angela_altair