this post is dedicated to the change in structure which has taken place since my last velodrome projection, and my slight shift in perspective as to how i'm envisioning the run to come.
unfortunately, tradingview does not share the full history for this pair, so i cannot share my entire projection - but this picture which i am sharing here should suffice.
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velodrome looks to me like a completed bullish 1-2 wave, ready to run into the months ahead. the 1 day, 3 day, and weekly oscillators have printed a hidden bullish divergence and are starting to cross bullish this week. there is a lot of innovation behind this particular project, so i'm giving it a conservative upside target of $15 into the end of this year.
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w3 target = $3.00
w4 target = $0.70
w5 target = $15.00
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