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VELO / Tether

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VELOUSDT trade ideas

VELO - Waiting for the PERFECT RetestI’m giving it another shot. I’m confident the last setup was solid, but I got a bit greedy with my entry. If the price doesn’t dip further from here or before Tuesday/Wednesday, I’ll abandon the idea since there’s significant strength in this one. I’m aiming for a retest at that crucial level for a better entry. I’ll have to wait and see if the market offers this opportunity or if it moves on without me once again. $VELO
Long
by ZelfTrade
1
Buy Trade Idea for Crypto Velo (VELO)Description Crypto Velo (VELO) is gaining traction in the cryptocurrency market, underpinned by strong fundamentals and a strategic focus on innovation. Key factors supporting a buy trade for VELO include: - **High-Speed Transactions:** VELO is designed to deliver rapid transaction speeds, making it ideal for applications that require quick and efficient transfers. - **Scalability:** The platform's architecture supports scalability, allowing it to handle a growing number of transactions without compromising performance, which is essential for future growth and adoption. - **Interoperability:** VELO’s network is built to be highly interoperable with other blockchain platforms, enhancing its utility and enabling seamless integration with various ecosystems. - **Expanding Use Cases:** With a focus on financial services, VELO is expanding its use cases, offering solutions in payments, remittances, and digital assets, which drives further adoption and network growth. These strong fundamentals position VELO as a promising asset for investors looking to capitalize on its growth potential in the evolving digital asset landscape. Disclaimer Trading and investing in cryptocurrencies involve significant risk and can result in substantial losses. The content provided here is for informational purposes only and should not be considered financial advice. Always conduct your own research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and the value of investments can fluctuate widely.
Long
by MoonTradingForecast
VELO - The Last Coin Standing (Structure)I'm buying as close to the previous low as possible. The structure of this one remains intact, and it has finally moved above the 50MA. Few assets have achieved this since the altcoin sell-off, and many are still struggling to even touch the MA. This one stands out with a superior market structure. I don’t anticipate significant moves yet, as CRYPTOCAP:BTC is still having difficulty holding above key levels. I expect some sideways action for the next few weeks, with liquidity potentially picking up around mid to late September. The pivotal area is the take profit level. However, if it surpasses this level in the near future, it would signal a clear buy. For now, let’s brace for some choppy conditions as we approach the final stages of this sideways movement
Long
by ZelfTrade
1
Velousdt Buy opportunityVelousdt displays a promising bullish reversal pattern characterized by the formation of an ADAM and EVE pattern. Our plan entails accumulating the coin within the designated buy back zone, while setting stop loss orders below the bottom of EVE to manage risk effectively. Anticipation builds for a substantial surge in momentum upon the breakout from the neckline, anticipated around the 0.0151 area. To guide our trading decisions, we've delineated two distinct targets: an immediate target and a final target for exiting the trade. It is paramount to approach trading with caution and adhere to sound money management principles. Your insights and perspectives on Velousdt are encouraged.
Long
by weslad
16
#VELO ⟶ A 200% GROWTH IS EXPECTED!!👉Based on the formation of a double-bottom pattern and its confirmation by breaking the neck-line on the daily timeframe, #VELO could experience a new bullish trend. 🎯Two targets can be considered for this bull-trend: Short-term target: 0.01917-0.02042 Long-term target: 0.05370-0.05713 ✅In case of a temporary decline, the best support levels to stop the decline and resume growth are: Support level 1: 0.01160-0.01183 Support 2: 0.01024 Support level 3: 0.00731-0.00801 ❌The stop-loss for the bull-trend scenario is determined based on the double-bottom pattern. If the price falls below 0.007050, the stop-loss for this bull-trend scenario will be activated, and we should move on to Plan-B for investment, which I will explain later. .............................. 👉Plan B / #VELO / Weekly Timeframe If the stop-loss for the first growth scenario is activated: VELO can still yield good profits based on this scenario: ✅A decline and the formation of a bottom from one of the following supports: Support 1: 0.004820-0.006143 Support 2: Midline of the double channel Support 3: Lower boundary of the double channel (Supports 2 and 3 are dynamic and do not have fixed prices) 🎯The targets in this case are the same as the first scenario.
Long
by Eldorado_Land
VELO price is moving in a trendThe way OKX:VELOUSDT fell in 2021-22 does not inspire much confidence in the project. But then there were such times and the team listing into the bear market at the wrong time. However, if you look at the #Velo price chart since 2023, you can see that a team with clear experience and the necessary skills and capital has taken on the “systematic price increase”. The nearest sell-off zone of #Velo by retail customers who believed in the project in 2022 is 350-400% higher in the range of $0.045-0.065. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
VELO RSI looks beautiful VELO looks beautiful on all higher time frames. I especially like 3D RSI, which is setting up nicely, but needs to stay above 50 level. 12H and D1 look great as well...both RSI position and market structure. I first want to see what happens when price breaks above the previous highs marked with the blue horizontal line. Ideally I would like to long the restes of the broken level and a retest of 12H 200 EMA and SMA. Another option would be to simply go in with a starter position once the level breaks. I would preferer option 1. Let see what we get Happy trading
Long
by Retrace_all_gains
VELOHonestly been reflecting on VELO a bit. And if my CRYPTOCAP:TOTAL 3 analysis is correct and we get an XRP bull market to $5 plus soon then XLM will likely follow. They trade 20-.30c different on any given trading day. Since VELO is on XLM block chain and if we get $2-$4 XLM $VELO can be right back at 2021 highs with a simple $7- SEED_TVCODER77_ETHBTCDATA:8B market cap. really doesn't seem unlikely to me. Plus they are one of the few altcoins that are actually working on the Web 3 payment side in Asia with massive corporate and Gov connections.
Long
by Big_Mike716
5
✴️ Velo Update (700% Potential Growth Mapped)I am using the same chart used in July. For VELOUSDT, I am using an internal trendline to remove the excesses. The "May support" broke down in August but now VELOUSDT is trading back above it, regaining the bullish bias. The breakdown ended in a higher low compared to January 2023, a very strong bullish signal. 👉 The August drop is literally an extension of the correction that started in February. As volume can be clearly seen going lower and lower as the correction extends, it signals that the bears are losing strength. With Velo now trading back above its May support, we can expect the next wave to develop within this or next month. This is an easy one... Patience is all that is needed, potential is huge. 👉 We are looking at 200%+ easy/fast and over 700% mid-term. Namaste.
Long
by AlanSantana
3
✴️ Velo One Month Later & 940% PotentialThis is the exact same chart, I only moved the green arrow a little bit to the right. You know what I keep on saying, "Patience is key". This pair continues consolidating, going sideways with a downward bent; This is normal and bullish or we can say neutral. The bullish bias described in previous trade ideas remains valid, the chart technicals are the same. As long as VELOUSDT trades above the orange trend lines, we can expect prices to go up... Notice the trading volume becoming weaker and weaker... The lower it goes, the closer we get to the bullish breakout and a bullish breakout will definitely take place; When? The breakout can happen within hours just as it can take weeks or days. We can't predict the exact date as to when a certain move will show up but we can predict with a very high level of accuracy the direction of the move and the target, so all we need is patience to trade these charts. Some charts will breakdown and the analysis will fail, that's ok. The majority will move just as the chart shows. We have a bullish chart and so we expect additional growth. Namaste.
Long
by AlanSantana
4