Velo/TetherUpdated VELOUSDT, Breaking Market Structure?
Waiting for the Weekly to break up the market structure. It could trigger fireworks.
Good signs from MAs, Impulses and RSI. Let´s see.
VELOUSDT
Good signs from MAs, Impulses and RSI. Let´s see.
VELOUSDT Trade active
We are looking at an ADAN & EVE. With 2 possible targets.
If
BTC succed on the break out, and we trigger the blow-off top, we could see the first target achieve on December 24´.
Look at RSI, we are obviously in a Bull MKT.
ibb.co/qgPpWdx
Note
Hey guys!
I have GOOD NEWS! and BAD NEWS!:
ibb.co/Hqrr5w3
But on the fundamental side, China´s push will help this one a lot!
On the tecnical side we have until friday to assure the good or the bad news. If we confirm support, game on!. RSI bearish divergence is bad, but not that much.
Let´s see.
VELO
HSI 
CHINANote
So the BAD NEWS were stronger, and the Bear Divergence wins. I´m not quitting this trade though until the trendline is broken, but we should take care from here.
Any re-test on the trendline, is a BUY. But we need confirmation.
Note
Hey Folks,
The trendline hasn´t been broken, and the market structure changed.
We should try to ride this one till the end, because one thing is that the most gains on the bull mkt are done on alts at the end of it.
We need to know when to ride, but more important when to jump to the water...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.