Technical analysis by AlanSantana about Symbol VLX: Buy recommendation (9/28/2024)

Here is a very interesting chart. This project and trading pair shows what we have been predicting for the last two months; a major bullish wave hitting the Altcoins market.The dynamics here, VLXUSDT, is the same as with all the other pairs that I shared with you. Let me explain.Velas (VLXUSDT) hit a low in late 2023, around September/October. This low point signals the start of the recovery wave, a strong bullish wave that started late 2023 and ended early 2024 for most of the Cryptocurrency market.In early 2024, we saw the start of a major correction. After strong bullish action, there is always a correction. From a high point in January 2024 Velas started to move down. In August this year it produced a major low and a lower low in September. The September 2024 low is also a lower low compared to September 2023, this is what I've been calling a bullish lower low. After this recent low, we start to see some growth and then, suddenly, a very strong bullish jump. This jump totals 637% from bottom to peak in a matter of days. Today alone Velas (VLXUSDT) grew by an astonishing 72%.➖ Buy those trading low, near support. You can find them in my profile, hundreds literally.➖ Wait patiently and the market will take care of the rest.Patience is key.Thanks a lot for your continued support.This is only the beginning.Namaste.