VELO What's the range?

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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
Nota
got a nice divergence too istantanea
Nota
the longer price maintains within this range, the more powerful the next move after breakout. lets watch what happens when rsi hits 50 level

istantanea
Nota
On regular scale we got a push right back into resistance

istantanea

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

istantanea

Any retrace from here shouldnt go really deep and the recent local low should hold
Trade attivo
trade active since the low

LETS F GO !
Chart PatternsTrend Analysis

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