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

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註釋
On regular scale we got a push right back into resistance

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

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Any retrace from here shouldnt go really deep and the recent local low should hold
交易進行
trade active since the low

LETS F GO !
Chart PatternsTrend Analysis

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