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
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VELA
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! 🌟
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.
VELAUSDT relevant support and resistance levelsHere is the chart with all the relevant support and resistance levels marked for this pair. We have a long trade idea currently active from 4h support 4HS1. I think the level shall provide the expected bounce towards 4h resistance 4HR1. However, in case that fails, the enxt support is daily support DS1 which is the next area to go long. All the upside resistance like daily and weekly resistance arw also marked on the chart.
How to make money on Arbitrum?Arbitrum is one of the most anticipated and discussed projects of 2022 and 2023. The Arbitrum network is already fully launched and many users are waiting for the release of the network's native token. In addition, the Arbitrum ecosystem is actively growing and developing, with many projects appearing literally out of nowhere, capturing the market and attracting huge liquidity. But the main question for all traders is how can we make money on it?
How to make money?
All projects on Arbitrum, including Arbitrum itself, will have their own native tokens sooner or later. The more popular Arbitrum is, the higher the potential value of the Arbitrum native token and native tokens of projects that are built in the Arbitrum ecosystem is. This is the most important thing for us.
The main task of a trader is to find the most promising projects on Arbitrum, keep track of when the token appears and look for profitable trading opportunities.
Considering that our reader already has a trading strategy and knows how to trade, our goal is to tell you about the most interesting projects that you can make money on.
Prospective projects with a token
1. $GMX – a decentralized futures exchange
2. $GNS – margin trading
3. $DPX – on-chain options
4. $MAGIC – a gaming ecosystem
5. $VELA – a decentralized futures exchange
6. $RDNT – an omnichannel credit protocol
7. $MVX – margin trading
8. $GRAIL – a decentralized exchange
9. $PLS – a liquidity market
10. $VESTA – a loan protocol
11. $PREMIA – on-chain options
What to do next?
Search for good trading opportunities
Look for promising new projects on Arbitrum
Stay tuned for news on the launch of the Arbitrum native token
Check our ideas about ZK Narrative
and Asset tokenization trend
Tell us what do you think about Arbitrum in a comments section
Additionaly, write down in the comments section what narrative are you interested in the most: ZK, Asset tokenization or Arbitrum.
We will prepare more detailed info about it for you! Thanks