#VELO 21% Hot Setup, Deep Falling wedge = Lofty Targets VELO 21% Hot 🔥🛗🔥 Setup
#VELO 21% Hot Setup, Deep Falling wedge = Lofty Targets
VELOUSD trade ideas
Velodrome to $1Velodrome to $1?
Velodrome currently trading at $0.13.
Falling wedge with bullish potential.
Stoch Rsi = Bullish
Rsi = Neutral > Bullish
Macd = Neutral > Bullish
Velodrome Bullish WeekVelodrome Bullish Week?
Falling wedge from $0.39 to $0.12.
In a bull market potential to reach billion marketcap.
Price: $0.139
Marketcap: 92 million
Stoch Rsi = Neutral
Rsi = Neutral > Bullish
Macd = Neutral > Bullish
Velodrome bullish weekBullish week for Velodrome
Current price $0.15.
Lots of potential to reach $1 and higher.
Rsi = Bullish
Stoch Rsi = Neutral > Bullish
Macd = Neutral > Bullish
VELOGotta be patient, but I think VELO is in a great place. When it moves it MOVES. Market-cap is so low. We are at a critical point where itll be big swings up or down, with where we are in the cycle there is just no telling.
VELOVelo has held its support. With an even lower market cap things are looking up. If ALTs move DEXs in general will do great because of the volume. I expect more distribution at these levels until the next leg up, but im thinking that next leg will be sooner then we can expect if BTC can behave itself.
VELOVELO has been able to maintain a market cap above 100M. From what the charts tell us, we have alot of distribution and sideways action ahead. This is healthy consolidation IMO. Still early for VELO. A 500MC makes sense for this project being OPs DEX of choice.
VELORetest of the prior support here in the near future. Expect us to CHOP around here, get rejected, then maybe push its way thru, without the volume it wont happen..
Velo-DailyDown 60% from it ATH, broke right thu its previous ATH, there is hope that we could be seeing a bottom. VELO is my largest bag with hopes that its low market cap can reach 1B although I do think this project can reach much higher along with AERO.
VELO 4hrLooking at what appears to be bullish D on the 4 hr. With BTC steadily heading downward this might not play out. Either way VELO at this low of a marketcap makes sense to DCA in at these levels.
VELOLooking at the daily, we are approaching the 50ema which is a great line of strong support marked with great entry points. My largest entry sits at around .25cents, at this point of the cycle we are seeing lots of distribution in the ALTs with what look like more negative price action for the rest of the month. VELO and AERO are both solid projects to load up on while we continue to see dips in the market.
Velodrome Bullish MonthVelodrome Bullish Month
Current price $0.22
All time high $0.39
Marketcap 130 million
Stoch Rsi = Bullish
Rsi = Neutral > Bullish
Macd = Neutral > Bullish
VELOMajor move with this negative price action. Didnt think it was going to happen this fast but with the ish hitting the fan in Isreal, its going down....
VELOFor a bounce like this to happen at VELOs previous ATH is major. A fakeout this far down and the capital that has come in to get us back above it is major. I have a strong conviction that we are seeing American BASED companys gunning for decentralized exchanges like UNI to clear the way for AREO and VELO... Long stretch but shit makes sense to me...
VELOStill holding support, more sideways price action for the foreseeable future. Great time to accumulate more.
VELOPositive price action for VELO, back above the 50ema. Healthy CHOP and sideways actions before the next leg up. Great time to DCA in.
VELOCan VELO hold this support? Looks like a retest of the privious ATH is in the works. CHOP and wild swings seem to be what we can look forward to till later this month it seems like. Possible lower highs?
VELOGreat bounce off the 50ema, came thru as really strong support on the 4hr. We are also back above it on the smaller time frames as well. Hopefully we keep up this bullish momentum. I am pretty positive we are in the process of putting in a higher low. VELO is in price discovery so large swings up and down should be anticipated, but I dont see us going down previous ATHs at around 20 cents.
VeloDrome to $1VeloDrome Finance to $1
Small marketcap crypto opportunity.
Current price $0.26
Marketcap 150 million mcap
Stoch Rsi = Bullish
Rsi = Neutral > Bullish
Macd = Neutral > Bullish
Is VELO the next Uniswap and heading towards multibillion marketcap...?
VELOThis negative price action for BTC has had a major impact on VELO sending the price down even further to 40% from its ATH. The RSI on the daily points toward more negative PA. If we break the 21ema on the daily the next price zone would appear to be between 14-18 cents. With Velos MC being so low and low circulating supply it would be easy for this to turn into a higher low with more postive price action happening later this month.
VELOI wouldn't want to see VELO fall below this zone, i'd expect alot more negative price action if we do. We are down 35% thus far with momentum looking to shift.
Good place to accumulate?Looking like this is as low as we get. Stochastic is pointing to renewed interest and a drop of 38% from high has already been hit. Middle of the upward channel holding well.
Explosive - Double BottomRight on the chart. There is a double bottom that sent this up almost 50% today and it is the start of a wonderful journey upwards. The double bottom exited at ~.1460 from a symmetric triangle which is another bullish indication.
