NastyBeer

VELO correction done?

NastyBeer Updated   
KUCOIN:VELOUSDT   VELO / Tether
We've got a nice reaction off 1.618 corrective fib and the terminal bar's low should be level for invalidation and especially the 1.0 fib level.

If invalidation, most likely gonna visit 0.886 of total move since low around 0.002641 (www.tradingview.com/x/dApfFD5i)

As long as no invalidation is triggered, target remains 4.236 @ 0.0038 with possible expansion towards 8.236


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Comment:
clean break of terminal bar's low, next logical target 0.886 locally

Comment:
broke that 1.618 terminal bar's low and approaching 0.886 now, which has to hold otherwise much lower

Comment:
gotta love it taken from the previous analysis

Comment:
AWESOME SIMILARITY

even the retrace went on same 0.786 as in the btc comparision

Oo

LETS F GO!


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