VELO / Tether
Long
Updated

Velousdt Buy opportunity

6 268
Velousdt 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.
Trade active
Trade active
Trade active
The pattern still continue, let wait for it.

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Trade active
Entry zone tapped
Trade active
The spotted patten still in play, we are waiting for price to break above the neckline for strong bullish action.

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Price aiming for a potential re-test on the trendline as shown on the chart.

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The buy back zone working perfectly well as strong demand zone.
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Still in progress

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