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VELOUSDT Perpetual Contract

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Allow me to show you why VELO (Velocity Token) is lifiting offAs the bull market commences and many coins are flying, I would like to focus on a cheap low market cap coin that brings potential for 50x from current price of 0.006. I am combining a custom made Bollinger Bands indicator with the standard Ichimoku Indicator to paint the bullish picture here. The squeeze on the Bollinger Bands represents build up of buying pressure as price has been consolidating sideways after heavy selling (accumulation phase). The Ichimoku cloud is another powerful indicator that proves build up of buying pressure. The price entered the cloud and is looking to penetrate through it as the leading spans are getting close to flip green. This is simply an idea, you may agree with it or not but to me it is worth the risk.
Long
by OrderBlockMafioso
VELO ON THE BRINKof a possible breakout! The first leg in early 2023 has been a b*tch to count but obviously has a running flat for its wave 2 giving in the end follow of the fib rules, w3 on 1.886, w5 on 2.618. Correctin of the first impulse ended right on 0.704 fib. And from there chance is quiet significant the next impulse has already started and its first correction is abaout to end with a break of the downtrend right on 0.786 fib. Invalidation level is $0.00245 or a bit below. Next logical target after hitting 0.236 major on the first impulse is major 0.382 @ about $0.019 respective 1.272 intermediate @0.025 --- If you like my content, if it helps you gain profit, give it a like! Thanks! --- Hold my beer pls ---- No financial advice, do your own research, don't be stupid
by NastyBeer
2
Mock Up Price Action for VELOUSDT | Mid-Long Term (12HR)Mock Up Price Action for MEXC:VELOUSDT | Mid-Long Term (12HR) - Accumulating micro caps to hedge against market correction/pullback period - MEXC:VELOUSDT MEXC:BAXUSDT MEXC:BLOKUSDT are my main picks Personal Approach & Base Chart Setup - Stacked Parallel Channels for Grid of Confluence Points - High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles - Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements - Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade - I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Long
by Trevictus
6