๐Ÿšจ๐Ÿ“ˆ Altcoin $VELO โ€” Long on a classic pattern

VELOBSC
VELO
0.0040775
+2.78%

๐Ÿ“Š Technical analysis.
A classic tweezer pattern with divergence, rising volume, a bounce and breakout above the 200 MA on H1, as well as above the upper line of the descending channel.


๐Ÿ’ก Trading idea:

๐ŸŽฏ Entry zone: 0.006โ€“0.0062
๐ŸŽฏ Targets: 0.0065 โ†’ 0.0067 โ†’ 0.00698 โ†’ 0.0074
โ›” Stop-loss: below 0.006

#VELO #ALFA