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VELO / Tether USD

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VELOUSDT trade ideas

VELO While the market is currently experiencing a correction, I believe Velo will reach the 4 cent mark and potentially go even higher. However, my end goal for Velo, and generally for my entire portfolio, is to sell and rotate into existing assets if Velo hits above 15 cents while other assets remain stagnant. I have a rule that I usually adhere to: my 100% is typically 80%, with the remaining 20% reserved for unexpected gains beyond my expectations. Regarding the broader market cycle, I have concerns that this cycle might mirror 2017. Back then, BTC reached an all-time high (ATH) and shortly after, in December 2017, altcoins surged dramatically through January 2018. I feel this way for two reasons: BTC is at an ATH similar to 2017. Trump has stated his objective to have a BTC reserve of 1 million. Do you think they will buy the majority of the 1 million at the current price, or will they tank the market, which is already at a peak in many sectors?
by ShadowDNA
VELO1USDT Long Idea - Fib Extension ContinuationHere is a simple long idea for the VELO1USDT token. The fib retracement tool has been drawn on the original push, and we can see that the first fib extension take profit target was hit prior to a period of BTC price instability which generated the price action shown in the red box. Now that BTC has stabilised, price momentum has once again picked up, and there is a potential for a breakout trade to aim for the second fib extension target (indicated by the red arrow). A tight stop here to account for any Monday morning BTC price swings, and we could see an ~8:1 trade play out.
Long
by DoryFish
1
VELO Isn't Done Yet: Positioning for the Breakout!$VELO is shaping up nicely after the recent BMS action above the micro pivot. I'm adding some here, but leaving some space in case we get a dip into the 0.012 zone – that would be perfect for my final buys before a potential move higher. The weekly and monthly charts are still lagging significantly compared to other coins, showing a stagnating trend. This tells me that while VELO is consolidating, it's not yet in a strong bullish phase. My strategy right now is to anticipate the next signal and position myself as close as possible to the deviation level for optimal risk/reward. If we do see a deeper retrace, say down to 0.009, I plan to go heavy in at that level, but I doubt we’ll get that low in the short term. That’ll likely be a setup for a longer-term position trade, and I’ll provide an update if we start heading in that direction
Long
by ZelfTrade
VELOUSDT | Buy Now, Thank Later | Near Term (4HR)VELOUSDT | Buy Now, Thank Later | Near Term (4HR) Its Ready to Go. BTCUSDT | Alts Poised to Explode | Near Term (2H) MYRIAUSDT | Interested to see where this goes | Mid Term (2D) Mock Up Price Action for VRA w/ Timeline | Mid Term (3D) Mock Up Price Action for XCH | Mid Term (12HR) OGNUSDT | Interested to see where this goes | Mid Term (3D) Mock Up Price Action for CSPRUSDT | Near/Mid Term (2D) VIDTUSDT | Interested to see where this goes | Mid Term (3D) RAREUSDT | Interested to see where this goes | Mid Term (3D) Mock Up Price Action for ALGOUSDT | Mid Term (12HR)
Long
by Trevictus
2
Velo (VLX) Correction Might Not Be Over!I share mostly bullish Altcoins, but I found this chart looking for those that are set to grow and thought it would be of interest to the holders of this pair. ➢ Velo's (VLXUSDT) correction might not be over. Last week, 9-Sept. session, closed as a lower high compared to the peak that was hit in March 2024. Volume has been dropping since February 2023. The chart structure looks bearish and it seems this pair is ready to produce the C wave of a classic ABC. Notice that this pair is trading relatively high, not low. It is trading near resistance and recently produced a lower high. The ones that we look for are down, red; trading near support, producing lower lows and ready to grow. A correction here, another drop, would not be the exception but the norm. It is going down. (Note: Market conditions can change. A break of the recent lower high would invalidate some of these signals.) Thanks a lot for your continued support. Namaste.
Short
by AlanSantana
3