Velo looking to breakout and melt faces. BullishAccumulation along deep value lower channel trend line with higher highs. The upside is ridiculous and could melt so many faces. Will continue to accumulate down to trend line and will hopefully retire my family's blood line with this one. Else, get rekt.
Target at double top. 1.90
VELOUSDT LONGApprox. Current Price 0.015–0.020 USDT per VELO (depending on platform)
Technical Indicators Mixed—moving averages bullish, oscillators neutral
Long Position Rationale Betting on a price increase from current levels
Risk Considerations VELO is highly volatile; prices vary significantly by exchange
Velo - breakout double bottom confirmed, target 0.04 cents?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 a
Velo Update, By Request (PP: Easy 265% - 358%)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 tre
ORDER - #VELO/USDT ShortORDER - $VELO/USDT
Direction: #Short 🔴
Entry Price: 0.013814
Stop Loss: 0.014649
Target 1: 0.013229
Target 2: 0.012645
Target 3: 0.012060
Target 4: 0.011476
Target 5: 0.010891
Reminder: Move the stop loss to breakeven once the 2nd (0.012645) or 3rd (0.012060) target is reached.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy