VeloUSDT Target 1 : 0.022 FinalTarget : 0.1 PriceAction
In this analysis I want to take a closer look at Bitcoin's performance over the last few weeks. My earlier analyses proved to be wrong, so waiting until the market shows us clarity is always a good idea. Now that BTC has established two higher-lows after the big sell-off on March 5th, we can say with some confidence that BTC is currently trading in a bull-flag...
LONG LONG LONG We entered at .004c and have much higher targets. Elliot Wave analysis along with support and resistance levels shows major resistance around .04c and once that breaks VELO can run hard. Also used some chart drawings to create the triangle and measurement targets.