VELO

NFA, please invest only what you can afford to lose and always use 1-3% stop loss as a rule! This trade can always go sideways. I will be buying some positions in spot soon...

Velo could be turning heads soon. DAILY CHART Entered on 4h tp1 = 0.024 [4h] tp2 = 0.03700 [previous high] [Daily] a close above 0.019541 on 4h and first target 0.024

Velo is approaching a critical breakout. After a recent break out of a double bottom pattern on the weekly chart, Velo has now successfully retested the neckline as confirmation (as seen in the wick touching the yellow line). Velo is currently challenging the final resistance zone between $0.018 and $0.020. A clean break above $0.020 would open up the path toward the $0.040 level with relatively little overhead resistance. Having gone through an extremely deep bear market, Velo still holds significant upside potential. This is clearly visible at the major resistance it’s been testing since early 2023 (marked by the red line), which has now been tested three times. Should Velo break above this structure, we could begin targeting much higher levels since there is little resistance after, such as the 0.786 Fibonacci retracement level ($1.50) , or even the previous ATH near $2.00 . That said, these remain speculative until a confirmed breakout occurs above the current major resistance. For now, I’ll be taking partial profits around $0.04 , as it represents a key technical level and a logical area for a pause or rejection. Let’s reach the summit together! 📝 Note I'm currently building a portfolio of crypto analyses here on TradingView. Your feedback, tips, or validation are greatly appreciated, especially as I continue developing this skill further!NOTE: apologies! I forgot that I left the Fib. retracement on at the Logarithmic version of the chart. the 0.786 Fib. level of $1.50 is correct though, unfortunately I can't update this post with a new chart. so forget the second screenshot analyses, it's just to give an idea of price structure with a clear view of the resistance (red line)

VELO/USDT has high chance to break in the coming hours, more updates later when there is more confirmations below this update

I have been following the graph for a long time.

VELOUSDT | 1DEntry: .012 to .010Stoploss: .08 (low)TPs:.0145 to .0156.017 to .0194.022 to .024

VELOUSDT is right now moving within a range that I call the "buy zone." This is a good place to buy in anticipation of a major bullish wave.The chart situation is pretty simple and straight forward. After a multiple years long bottom formation, left side of the chart, we have a classic bullish trend; higher highs and higher lows.The action is happening now at the lower boundary of this channel which is the time to buy. Smart people, experienced and successful traders buy here. At current prices or lower.After just a few short days or maximum 2 weeks, we will have the start of the next bullish move, this will produce massive growth. We can see easily 265% - 358% profits potential within 1-2 months.Long-term, potential for profits goes many times higher, say 3-5 times higher than the numbers above.I am keeping it simple.Thanks a lot for your continued support.Namaste.

ORDER - $VELO/USDTDirection: #Short 🔴Entry Price: 0.013814Stop Loss: 0.014649Target 1: 0.013229Target 2: 0.012645Target 3: 0.012060Target 4: 0.011476Target 5: 0.010891Reminder: Move the stop loss to breakeven once the 2nd (0.012645) or 3rd (0.012060) target is reached.

Buy when trash is rising. Short when btc is stalling. Cr alerts set.

VELO dropping out of rising wedge. I expect one more capitulation dip, at least test of 2nd support line at fibb 0.236 range if not slightly bellow it. Similar move to one that XRP did. Once we do that we are ready to start next leg up which will lead to test of ATH range but can very well also push to fibb 1.272 extension.Still believe we will get one more capitulation dip to test fibb 0.236. That should be buy the dip, grow the bags opportunity. Longterm plan remains - test of ATH with potential wick to fibb 1.272 extension.