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iaretheanimal
Mar 29, 2024 2:53 PM

Good place to accumulate? Long

COINBASE:VELOUSD60
Velodrome Finance / US DollarCoinbase

Description

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Looking like this is as low as we get. Stochastic is pointing to renewed interest and a drop of 38% from high has already been hit. Middle of the upward channel holding well.
Trend Analysis
Comments
Rudolfias
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found support for now on the 50% level of last swing high. Lets see iff its hold and aims for 0,41 - 0,50 cents!
shanelambert84
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Is it just me or does it look a double bottom pattern forming on the 5 day chart
iaretheanimal
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@shanelambert84, Technically it would but I've never used a 5 day chart to judge movements.
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