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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.