VELOUSDT 1H Correction of 0.61% of FIBONACCI
VELO is within a very wide bullish channel.
Yesterday it launched a candle that touched 0.02 from where it has corrected to the current levels that correspond to 0.61% of FIBONACCI.
Taking the current levels as support, we can position ourselves long looking for the upper part of the channel and take profits at 0.214 that correspond to the extension of -0.27%.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies that I design for my portfolio, but I do not recommend anyone to operate based on these indications. Inform yourself, train yourself and build your own strategies when it comes to investing. I only hope that my assessments help you on your own path :)
TradeX BoT (in development):
Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME, and I will keep you informed of the progress we make.
VELO is within a very wide bullish channel.
Yesterday it launched a candle that touched 0.02 from where it has corrected to the current levels that correspond to 0.61% of FIBONACCI.
Taking the current levels as support, we can position ourselves long looking for the upper part of the channel and take profits at 0.214 that correspond to the extension of -0.27%.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies that I design for my portfolio, but I do not recommend anyone to operate based on these indications. Inform yourself, train yourself and build your own strategies when it comes to investing. I only hope that my assessments help you on your own path :)
TradeX BoT (in development):
Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME, and I will keep you informed of the progress we make.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.