Velo ProtocolOn the above 1-day chart price action has corrected near 80% since the beginning of September. Just heinous for those holding during that time. A ‘incredible buy’ signal now appears as Stochastic RSI is crossing up 20.
The situation is the same on the VELO/BTC chart with a 70% sell off to support following the ‘great sell’ alert (below).
Is it possible price action falls further? For sure.
Is it probable? 10%. In that a ‘incredible buy’ represents a 90% chance of upside.
A buy from 27 cents is amazing.
Target? To the upper side of channel 12-16 weeks from now @ $2.15
Good luck!
WW
1-day VELO / BTC chart