all that cryptos and more has the same pattern that means we need to be prepared for another possible crash like in june or may .
Don't forget we are in a recession
This is my idea about vlx chart .
you should wait for breaking and pullback and after that you can enter it .
IMO-DYOR-NFA
You can follow me here I Will help you alot .
please click on boost if you like this one
VLX is a potential project that powered by an exprienced team .
the scalability of this network is great and i love it personally .
just wait for breaking the marked trend line ( that could be a good oppertunity for buy for short term )
IMO - NFA - DYOR
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The bearish trend prevailed on Velas (VLXUSDT) and on the short-term it is extending the selling pressure towards the April 27 Low. I have used the Fibonacci retracement and extension levels to give us a better perspective on how the targets may be more efficiently narrowed down.
Our eyes this time are on the Vortex Indicator (VI) on the 1D time-frame, which...
The Velas coin (VLXUSDT) completed yesterday a +125% 3-day streak, which is the strongest 3-day rally since the +258% of November 03 2021. By doing so, the price broke above the 1D MA50 (blue trend-line) but failed to close above it. This should be enough to put an end to this rally for at least 1-3 days but the true technical Resistance remains the 1D MA200...
Velas (VLXUSDT) has been trading within a Channel Down on the 4H time-frame since the January 22 low. So far the pattern has made two Lower Highs and two Lower Lows, with the last contact with the bottom of the Channel two days ago, potentially being the third Lower Low.
If the pattern continues to replicate the Lower Highs with near perfect symmetry, we can...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
VLX is sitting around a strong demand zone in green so we will be looking for buy setups.
on Daily: VLX formed a valid wedge pattern in blue but it is not ready to go yet.
Trigger => Waiting for a momentum candle close above the last high in gray for the bulls to take...
This is my first analysis of Velas (VLXUSDT) on the weekly (1W) time-frame. And the reason I do so, is to bring you a fresh perspective on how strong the long-term upside potential is on this token.
** The 1D MA50/200 and Fibinacci Channel **
First of all, even though the time-frame is 1W, I've plotted the 1D MA50 (yellow trend-line) and the 1D MA200 (red...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
VLX is sitting around a strong demand zone in green so we will be looking for buy setups.
DAILY: Left Chart
VLX formed a valid wedge pattern in blue but it is not ready to go yet.
Short-Term Trigger: Waiting for a momentum candle close above the last high to buy.
H4:...
Velas (VLXUSDT) has formed a Bull Flag following the rally since the March 18 Low. This analysis is basically an extension of the one published last week, showcasing the importance of the Lower Highs trend-line of November 19 2021, and that as long as it doesn't break, the pull-back will seek the lower Support levels:
So far this trend-line hasn't been...
Our last Velas post was nicely timed and the price did drop from the resistance level as we had calculate.
We might see the 0,20$ here again. Not too convinced to buy the mild support now..we rather wait.
One Love,
the FXPROFESSOR
Velas (VLXUSDT) is currently ahead of a critical moment for its long-term trend. Supported by the 1D MA200 (orange trend-line), having just ten days ago broken above both the 1D MA200 and the 1D MA50 (blue trend-line), it eyes the last barrier of the Lower Highs trend-line. News-wise, as Velas introduces its new Fund & Accelerator program, this may be the right...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for VLX.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!
All Strategies Are Good; If Managed Properly!
~Rich
This week Velas (VLXUSDT) made an impressive surge and almost recovered all the loss since the February Highs as it came too close to the 0.2900 Resistance (1) before getting rejected yesterday. On this analysis I will explain, both from a Technical and Fundamental outlook, why buying the dips is the best strategy on this steady rally long-term.
** Technical...
🌳VLX has been in a BIG Falling Wedge Pattern & It has Managed To Break The Mentioned Pattern Recently! As You Know The Pattern Is a Bullish Pattern & we can Expect a Good Bullish Movements For It. so Right now The Price has to reach around 0.31$ cause There is no Difficulties or Problems Reaching There From Our Perspective! another Thing is if VLX manages to reach...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
I found VLX chart interesting. Here is why:
VLX has been bearish for a while, however, we can clearly see that the bearish impulse movements are getting smaller and more flat (red comments).
So from a market structure perspective, this means that the bears/sellers are...
