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
VELOUSDT
VELOUSDT 1H touches the support of this bullish trend againVELOUSDT 1H touches the support of this bullish trend again
VELO is in an optimal buying zone to gain new momentum. At first, it could reach 0.023 – 0.025 without too many problems.
In this value, the most important thing is to be clear about the SL in case it turns around or leaves the bullish channel. Otherwise, you just have to let it go up, and the objectives are very interesting.
It is about establishing clear patterns to develop an adequate strategy.
SL: 0.015
TP1: 0.023
TP2: 0.034
All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either down or up, for the orders to be executed in one direction or another, taking the necessary deposits.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
VELOUSDT 1W - Where is the Moon? I cant see it!VELOUSDT 1W: To see the forest we have to move away from it, because otherwise we will only see the trees.
It is difficult to think of VELO at 0.90 at the moment, but this value is only 0.61% of the downward correction that this value has been experiencing.
When the BULLRUN begins, in which values do you think it will be better to be positioned?
We must always take into account what BTC does, which is the conductor of the orchestra for all ALTS.
LEVELS:
SL: 0.012
RESISTANCE: 0.04
LONG-TERM BULLISH OBJECTIVE: 0.90
I share with you my technical analysis assessments on certain values that I follow as part of the strategies that I design for my portfolio, but I do not recommend anyone to operate based on these indications. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments will help you on your own path :)
TradeX BoT (in development):
Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME, and I will keep you informed of the progress we make.
VELOUSDT 1H Correction of 0.61% of FIBONACCIVELOUSDT 1H Correction of 0.61% of FIBONACCI
VELO is within a very wide bullish channel.
Yesterday it launched a candle that touched 0.02 from where it has corrected to the current levels that correspond to 0.61% of FIBONACCI.
Taking the current levels as support, we can position ourselves long looking for the upper part of the channel and take profits at 0.214 that correspond to the extension of -0.27%.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies that I design for my portfolio, but I do not recommend anyone to operate based on these indications. Inform yourself, train yourself and build your own strategies when it comes to investing. I only hope that my assessments help you on your own path :)
TradeX BoT (in development):
Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME, and I will keep you informed of the progress we make.
VELO - Waiting for the PERFECT RetestI’m giving it another shot. I’m confident the last setup was solid, but I got a bit greedy with my entry. If the price doesn’t dip further from here or before Tuesday/Wednesday, I’ll abandon the idea since there’s significant strength in this one.
I’m aiming for a retest at that crucial level for a better entry. I’ll have to wait and see if the market offers this opportunity or if it moves on without me once again. $VELO
VELO is readying itself for a SPECTACULAR MOVE!VELO looks to be setting up for what could be a spectacular move! I believe that VELO will appreciate much more in the medium and long term than what is shown on this chart, but this chart is just to visualize a small portion of what I think will come in the future. As a day trader, I'm always looking for these types of setups, but it will be the long-term physical coin holders who will by far do the best!
Good luck, and always use a stop loss!
Is VELO About to Break Out? Here's What You Need to Know!Yello, Paradisers! Have you been watching #VELO closely? After a prolonged downturn, #VELOUSDT is finally showing signs of life, forming a promising double bottom pattern. But the question is—will it break through?
💎VELO is currently challenging a critical range resistance between $0.0125 and $0.01289—also functioning as breakout neckline. If the bulls can push through this resistance with conviction, price could see a breakout initially towards $0.01465, and $0.01610 levels. This is where partial profit-taking remains likely, however the double bottom pattern target is aimed at $0.0182 to $0.01925 levels.
💎VELO has reclaimed all major dynamic EMAs, including the EMA 50 and EMA 200, which are now acting as solid support levels. This important support zone is positioned between $0.01075 to $0.01095 levels. As long as VELO holds these levels, the breakout chances remain high.
💎However, on the other side if sellers manage to push VELO below the $0.007100 level, they could potentially disrupt this bullish setup, leading to idea invalidation and fresh downside.
Remember, Paradisers! Discipline and patience are key. The next move could be a big one, so make sure you're playing it smart! Stay focused, and let the market come to you.
MyCryptoParadise
iFeel the success🌴
VELO - The Last Coin Standing (Structure)I'm buying as close to the previous low as possible.
The structure of this one remains intact, and it has finally moved above the 50MA. Few assets have achieved this since the altcoin sell-off, and many are still struggling to even touch the MA. This one stands out with a superior market structure.
I don’t anticipate significant moves yet, as CRYPTOCAP:BTC is still having difficulty holding above key levels. I expect some sideways action for the next few weeks, with liquidity potentially picking up around mid to late September.
The pivotal area is the take profit level. However, if it surpasses this level in the near future, it would signal a clear buy.
For now, let’s brace for some choppy conditions as we approach the final stages of this sideways movement
VELO price is moving in a trendThe way OKX:VELOUSDT fell in 2021-22 does not inspire much confidence in the project. But then there were such times and the team listing into the bear market at the wrong time.
However, if you look at the #Velo price chart since 2023, you can see that a team with clear experience and the necessary skills and capital has taken on the “systematic price increase”.
The nearest sell-off zone of #Velo by retail customers who believed in the project in 2022 is 350-400% higher in the range of $0.045-0.065.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
VELO RSI looks beautiful VELO looks beautiful on all higher time frames. I especially like 3D RSI, which is setting up nicely, but needs to stay above 50 level. 12H and D1 look great as well...both RSI position and market structure. I first want to see what happens when price breaks above the previous highs marked with the blue horizontal line.
Ideally I would like to long the restes of the broken level and a retest of 12H 200 EMA and SMA.
Another option would be to simply go in with a starter position once the level breaks. I would preferer option 1. Let see what we get
Happy trading
VELOHonestly been reflecting on VELO a bit.
And if my CRYPTOCAP:TOTAL 3 analysis is correct and we get an XRP bull market to $5 plus soon then XLM will likely follow.
They trade 20-.30c different on any given trading day. Since VELO is on XLM block chain and if we get $2-$4 XLM $VELO can be right back at 2021 highs with a simple $7- SEED_TVCODER77_ETHBTCDATA:8B market cap. really doesn't seem unlikely to me.
Plus they are one of the few altcoins that are actually working on the Web 3 payment side in Asia with massive corporate and Gov connections.
Another awesome opportunity: VELOI am accumulating VELO from some months, and this is an awesome opportunity to target a possible 4x in the coming months. I have my main target at 0.04, and here i will seel most of my VELO to invest in other good project. But, actually, buying only! Price iss at major support area, and i will DCA if we will have some discount price
Velodrome Finance - Bull Case for the Bull Run.Velodrome Finance Token is poised for a massive outbreak towards the upside towards ATH by the end of the year.
Major hidden bullish divergence is playing out which will push the price to new price levels by end of the year.
DCA is the name of the game gentlemen.
Disclaimer: Not Financial Advice.
VELO $0.35 by March 2026 as the slow path to 27x returnsVELO has been rising in popularity.
Here are the price action technicals for its rise to $0.35 by March 2026. This is the conservative slow path of growth, but still impressive gains. A parabolic rally will shorten this timeline significantly.
Targets
$0.045 by Jan 2025
$0.13 by July 2025
$0.35 by March 2026
Altcoin Season or a flood of institutional capital will shorten these predictions, but I’m just going off what I’m seeing on the weekly chart.
These predictions can be further improved by Elliott Wave and Fibonacci indicators.