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VELO correction done?
VELO / Tether
VELO correction done?
By NastyBeer
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Updated
May 8, 2023
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Apr 28, 2023
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 (
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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Hold my beer pls
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Apr 30, 2023
Note
clean break of terminal bar's low, next logical target 0.886 locally
May 1, 2023
Note
broke that 1.618 terminal bar's low and approaching 0.886 now, which has to hold otherwise much lower
May 2, 2023
Note
gotta love it taken from the previous analysis
May 8, 2023
Note
AWESOME SIMILARITY
even the retrace went on same 0.786 as in the btc comparision
Oo
LETS F GO!
Chart Patterns
Trend Analysis
NastyBeer
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VELO Bounce on 0.5
by NastyBeer
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