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VELO / Tether

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VELOUSDT trade ideas

VELO What's the range?Here we are 85% off the recent high, price gets narrowed inside a tiny range most likely implicating a strong move to follow. Up or down, we shall see but a conservate target of 0.618 would mean 3,5x Have we seen a similar movement before? Hell yeah, End of 2022 and even 2021 on a HTF MA's flattening out, patience! --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
by NastyBeer
5
✴️ Velo 500 To 800% Growth PotentialVELOUSDT went through a massive 85% correction (-85% from late February 2023 peak to the 25-May low). This correction pushed prices below the 0.786 Fib. retracement and reached the level where the initial bullish wave took place. We are now seeing very strong volume, buy volume. We are seeing a very strong RSI. We know the Cryptocurrency market is heating up and preparing for a massive bullish wave in the weeks to come. This is another example, the proof is in the chart. You can define your own risk and your own targets. The risk is pretty low at around 20%. The potential is huge between 500 and 800%. Namaste.
Long
by AlanSantana
1
VELO correction done?We've got a nice reaction off 1.618 corrective fib and the terminal bar's low should be level for invalidation and especially the 1.0 fib level. If invalidation, most likely gonna visit 0.886 of total move since low around 0.002641 () As long as no invalidation is triggered, target remains 4.236 @ 0.0038 with possible expansion towards 8.236 --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
by NastyBeer
6
✴️ VELOUSDT Bear Market Over? (Name Your Altcoin #60)There is no doubt that we underwent a massive bear market. There is no problem with that, no question... It is normal and after the bull market comes a bear market. Now, after the bear market comes a bull market... Forever... Now again, the question, is the bear market over? That's the question right? That's the only question we should be asking. Let's see what VELOUSDT has to say. The biggest bearish wave ever starts after the March 2021 peak, VELOUSDT All-Time High (ATH). By mid-December 2022, more than a year and a half later, a low/bottom is hit. The reaction after this low answers the question, is the bear market over? Massive volume. Super high, ultra-volume and 1,380% growth within 2 months. Yes, this is the beginning of the bull market. This type of action only happens after a bottom is in... You can get a correction but it isn't likely to move below December's 2022 low. And thus a higher low... Which would then lead to another bullish wave and this cycle repeats for years to come. It is what it is... But there is no reason to be mad or sad. This is awesome. This is great. We are trading cryptocurrencies. We are buying and selling cryptocurrencies. We want the market to grow. Even if you are a bear, learn to become a bull because the market is not only down, there is also up. The bear market is over. This is my translation of the charts. Namaste.
Long
by AlanSantana
1