VELO What's the range?

22 May 2023

Here we are 85% off the recent high, price gets narrowed inside a tiny range most likely implicating a strong move to follow. Up or down, we shall see but a conservate target of 0.618 would mean 3,5x

Have we seen a similar movement before? Hell yeah, End of 2022 and even 2021 on a HTF

MA's flattening out, patience!

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Hold my beer pls

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No financial advice, do your own research, don't be stupid

22 May 2023

Not

got a nice divergence too

26 May 2023

Not

the longer price maintains within this range, the more powerful the next move after breakout. lets watch what happens when rsi hits 50 level

30 May 2023

Not

On regular scale we got a push right back into resistance



On log sclae we got a perfect bounce from midline of ALL TIME downtrend



Any retrace from here shouldnt go really deep and the recent local low should hold

30 May 2023

İşlem aktif

trade active since the low

LETS F GO !