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VELO1USDTPERP PERPETUAL MIX CONTRACT

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VELO1USDT.P trade ideas

VELO/USDT Ascending TriangleVELO in USDT pairing is forming an Ascending Triangle. This is typically a bullish pattern. A breakout can send us up 10-20% (green box) area. On the other side, there is much resistance here at top of triangle. BTC also can consolidate some from its previous pump and make alts cool off, in the case BTC consolidates we can see VELO and other alts break down into the (red box) areas. Stop loss would be a violation of the bottom support trendline in the triangle. Right now we are anticipating strong momentum to push us through while understanding market conditions and knowing where to place SL.
by UnknownUnicorn28488832
VELO going long It is a small cap Alt with less than 100M VELO in circulation. Volatility is highly expected. From the fundamental perspective, VELO team are promising the moon but the reality is far from it. Therefore, I am trading it as a shitcoin and taking it for a ride. From the TA perceptive, VELO is at rock bottom... very low volume at this stage too. But like all shitcoins, it'll have its day in this boiling bull run. The RSI is moving upwards from the 40 level after maintaining that level for long. My entry price is marked in blue, and my exit is set for 300% for now.
Long
by eBlockChain
1
VELO 5.14.21 50% Staking reward SERIOUS MEMBERS ONLY READKucoin Gem of the day Rank: Pleb I really think this may be one of the biggest sleeper coins right now. It has a huge reward of 53 percent. FIFTY THREE PERCENT. To me this is just like sensorium but with a huge reward which makes it a better hold then senso. I picked up a small bag but will be continuing to sell my daily staking rewards to buy more velo. I think these tokens are NO BRAINERS. Right now you should be staking whatever you can bc we are going to have an extended bull market. I'm almost 99 percent convinced that we will have certain tokens/categories have bearish moments. 3-6 months of consolidation while others are running and then switch up. That is why we saw some like Bepro and others rally 11000 percent and then pull back around 70 percent of that. I do not see an extended bear market anytime soon where EVERYTHING sells off. No no. WHy is it so? The dollar is a complete shitshow by DESIGN. People are scared and are looking to put their dollars in something that can not just hold calue but make money. That is cryptocurrency and it is the last frontier. I could see a slight cooling off as we enter the next Bitcoin halving and also see altcoins continue to shred the face off of this market as we enter 30 percent dominance. Then we exit the halivng and bam bull market again. So for me this looks like we will be in an extended fifth wave bull market that will go on much longer. DOllars will be printed into oblivion. Hyperinflation is coming. GET YOUR ARSE and household ready. 6 months of food. Emergency fund. Silver/gold just in case maybe even bury it. Weapons and security. Body armor. Im not joking either.. Your household should be your own castle where you can lock it down and not come out for months if possible. Water filters are a must have the Sawyer mini is genius. Be ready guys for whatever and if nothing happens cool but i think we need to be really thinking like the settlers of old. Bc something is coming and i cant tell you what it is. But it is coming and nothing can stop what is coming
Long
by BrandonrG
VELO UpdateThis one is making me lose sleep! It corrected even deeper than I thought it would. This one has got me underwater, because even after setting my SL, I got back in because I was trying to catch the bottom. Greed got the best of me. There is a lesson to be learned. Do not let emotions control your trading. Do not get greedy. There will always be another trade & each one doesn't have to be a home run. I'm still in this trade & still believe there will be money to be made from it.
by CAPSTONE15
1