Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for VLX. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck! All Strategies Are Good; If Managed Properly! ~Rich
This week Velas (VLXUSDT) made an impressive surge and almost recovered all the loss since the February Highs as it came too close to the 0.2900 Resistance (1) before getting rejected yesterday. On this analysis I will explain, both from a Technical and Fundamental outlook, why buying the dips is the best strategy on this steady rally long-term. ** Technical...
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Based on the chart, we can see appropriate amount of volume for the price sharp candlesticks and major support area ✔️ if this volume continues, and the price stays above the support area, we will see more gain 🚀 after a long time of correction to the downside, we can see more gain for vlxusdt 🚀 if the price breaks these support areas, here we can see correction...
The price created a double bottom on the weekly structure on the 0.20$. As you can see from the upper chart, the price had a breakout from the dynamic daily resistance and now the market it's testing the 0.382 Fibonacci resistance after the green candles series. on the 4h timeframe the price created a cup and handle pattern and the market had the breakout from...
🌳VLX has been in a BIG Falling Wedge Pattern & It has Managed To Break The Mentioned Pattern Recently! As You Know The Pattern Is a Bullish Pattern & we can Expect a Good Bullish Movements For It. so Right now The Price has to reach around 0.31$ cause There is no Difficulties or Problems Reaching There From Our Perspective! another Thing is if VLX manages to reach...
As we can see price broke one of the major resistance that was the red trendline resistance and the market here is getting bullish. The first resistance ahead is near 0.32$ and after a valid breakout there we are looking for more pump too. Major supports and resistances are all mentioned on the chart too. <>
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I found VLX chart interesting. Here is why: VLX has been bearish for a while, however, we can clearly see that the bearish impulse movements are getting smaller and more flat (red comments). So from a market structure perspective, this means that the bears/sellers are...
VLX/USDT Entry Range: $0.22 - 0.25 Price Target 1: $0.28 Price Target 2: $0.33 Price Target 3: $0.38 Stop Loss: $0.18
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VLX formed a double bottom on the 4hr chart... if there's no reversal on the upside, the next buy zone is set at 0.26$ price range.
VLX is testing the bottom of the support level at 0.35$ if it doesn't hold close above on the weekly chart, we can expect more down trend between 0.27$ & 0.32$. Could be the next buy zone before trending back to the upside.
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Résumé sur du Blockchain Velas et sont écosytème.. Quick review on the Velas blockchain & projects launched on their Velaspad.
Résumé sur du Blockchain Velas et sont écosytème.. Quick review on the Velas blockchain & projects launched on their Velaspad.
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