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VELO / Tether USD

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VELOUSDT trade ideas

Velo (VLX) Correction Might Not Be Over!I share mostly bullish Altcoins, but I found this chart looking for those that are set to grow and thought it would be of interest to the holders of this pair. ➢ Velo's (VLXUSDT) correction might not be over. Last week, 9-Sept. session, closed as a lower high compared to the peak that was hit in March 2024. Volume has been dropping since February 2023. The chart structure looks bearish and it seems this pair is ready to produce the C wave of a classic ABC. Notice that this pair is trading relatively high, not low. It is trading near resistance and recently produced a lower high. The ones that we look for are down, red; trading near support, producing lower lows and ready to grow. A correction here, another drop, would not be the exception but the norm. It is going down. (Note: Market conditions can change. A break of the recent lower high would invalidate some of these signals.) Thanks a lot for your continued support. Namaste.
Short
by AlanSantana
2
VELO - or not VELO ? This is the question! Despite market conditions, VELO protocol resist but has lost a bit of momentum... actually is ranging between 0.018 and 0.028 which is consolidating indeed. The most important part is that the price has bounced from the EMA 50 and it still remaining above it, which is a good sign. the targets we establish will remain the same as before, but we would like to see more strength coming up, infact as we have a normal decreased volume during a retracement, this is the case. we remain in position. Good trading ;-)
by EdoardoTelve
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 :)
Long
by DeuXfi
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.
Long
by DeuXfi
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.
Long
by DeuXfi
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
Long
by ZelfTrade
1
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🌴
Long
by MyCryptoParadise_Jack
12
Buy Trade Idea for Crypto Velo (VELO)Description Crypto Velo (VELO) is gaining traction in the cryptocurrency market, underpinned by strong fundamentals and a strategic focus on innovation. Key factors supporting a buy trade for VELO include: - **High-Speed Transactions:** VELO is designed to deliver rapid transaction speeds, making it ideal for applications that require quick and efficient transfers. - **Scalability:** The platform's architecture supports scalability, allowing it to handle a growing number of transactions without compromising performance, which is essential for future growth and adoption. - **Interoperability:** VELO’s network is built to be highly interoperable with other blockchain platforms, enhancing its utility and enabling seamless integration with various ecosystems. - **Expanding Use Cases:** With a focus on financial services, VELO is expanding its use cases, offering solutions in payments, remittances, and digital assets, which drives further adoption and network growth. These strong fundamentals position VELO as a promising asset for investors looking to capitalize on its growth potential in the evolving digital asset landscape. Disclaimer Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Long
by MoonTradingForecast
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
Long
by ZelfTrade
1
Velousdt Buy opportunityVelousdt displays a promising bullish reversal pattern characterized by the formation of an ADAM and EVE pattern. Our plan entails accumulating the coin within the designated buy back zone, while setting stop loss orders below the bottom of EVE to manage risk effectively. Anticipation builds for a substantial surge in momentum upon the breakout from the neckline, anticipated around the 0.0151 area. To guide our trading decisions, we've delineated two distinct targets: an immediate target and a final target for exiting the trade. It is paramount to approach trading with caution and adhere to sound money management principles. Your insights and perspectives on Velousdt are encouraged.
Long
by weslad
16
#VELO ⟶ A 200% GROWTH IS EXPECTED!!👉Based on the formation of a double-bottom pattern and its confirmation by breaking the neck-line on the daily timeframe, #VELO could experience a new bullish trend. 🎯Two targets can be considered for this bull-trend: Short-term target: 0.01917-0.02042 Long-term target: 0.05370-0.05713 ✅In case of a temporary decline, the best support levels to stop the decline and resume growth are: Support level 1: 0.01160-0.01183 Support 2: 0.01024 Support level 3: 0.00731-0.00801 ❌The stop-loss for the bull-trend scenario is determined based on the double-bottom pattern. If the price falls below 0.007050, the stop-loss for this bull-trend scenario will be activated, and we should move on to Plan-B for investment, which I will explain later. .............................. 👉Plan B / #VELO / Weekly Timeframe If the stop-loss for the first growth scenario is activated: VELO can still yield good profits based on this scenario: ✅A decline and the formation of a bottom from one of the following supports: Support 1: 0.004820-0.006143 Support 2: Midline of the double channel Support 3: Lower boundary of the double channel (Supports 2 and 3 are dynamic and do not have fixed prices) 🎯The targets in this case are the same as the first scenario.
Long
by Eldorado_Land