I could be wrong but this setup is looking very similar to the same move FLOKI made in Feb-March. Im watching this very closely.
Gotta be patient, but I think VELO is in a great place. When it moves it MOVES. Market-cap is so low. We are at a critical point where itll be big swings up or down, with where we are in the cycle there is just no telling.
Velo has held its support. With an even lower market cap things are looking up. If ALTs move DEXs in general will do great because of the volume. I expect more distribution at these levels until the next leg up, but im thinking that next leg will be sooner then we can expect if BTC can behave itself.
PEPE about to make its next run up. Text book bull pattern playing out in real time. Super bullish on PEPE and am going to be watching this chart closely.
After a crazy run-up to almost $13 MAGA is now back down in distribution levels. Great time to DCA in at. Walk away MAY is pretty much here already, wake me up in June next year.
MAGA seems to be gearing up for some major price action. This healthy consolidation might be what MAGA needs for its next move to the upside. With the right volume MAGA can easily see $8-10. Great time to establish a position.
With money flow sideways and a buy signal about to pop on the daily, DEGEN looks like it is about to make another run to the upside. Great time to establish a position. DEGEN is a easy play for a BASE meme token with some positive price action on the horizon.
VELO has been able to maintain a market cap above 100M. From what the charts tell us, we have alot of distribution and sideways action ahead. This is healthy consolidation IMO. Still early for VELO. A 500MC makes sense for this project being OPs DEX of choice.
Retest of the prior support here in the near future. Expect us to CHOP around here, get rejected, then maybe push its way thru, without the volume it wont happen..
Down 60% from it ATH, broke right thu its previous ATH, there is hope that we could be seeing a bottom. VELO is my largest bag with hopes that its low market cap can reach 1B although I do think this project can reach much higher along with AERO.
As long as ARB keeps getting pushed down by the 21ema ill be looking to load up in the .90cent range which isn't to far from where are now. Seems like the bottom could be near, if BTC goes below 57k then expect to go lower. Either way ARB at these levels are great to DCA in.
Possible double bottum playing out. Ill be looking for some possitive price action at this level. If it breaks down from here Ill be looking for a lower entry.
Looking at what appears to be bullish D on the 4 hr. With BTC steadily heading downward this might not play out. Either way VELO at this low of a marketcap makes sense to DCA in at these levels.
Looking at the daily, we are approaching the 50ema which is a great line of strong support marked with great entry points. My largest entry sits at around .25cents, at this point of the cycle we are seeing lots of distribution in the ALTs with what look like more negative price action for the rest of the month. VELO and AERO are both solid projects to load up on...
HODL, be smart. Dont use leverage. More negative price action to be seen over the short/long term. CHOP, CHOPPY, and CHOPPED
Major move with this negative price action. Didnt think it was going to happen this fast but with the ish hitting the fan in Isreal, its going down....
Just ask yourself. Are we still in a BULL RUN? Everything that is happening in Isreal is testing the market and the perfect time for VCs to lower the price of BTC just in time when we have seen BTCs biggest moment of adoption. Make sense to see them take advantage of these news headlines..
We have already seen 20-22% move to the downside. This makes sense to me, but feel like a COVID crash with this news and all BRANDON can say is DONT. Big picture stuff going down in the world right now.