Kyle rockets
526 posts



$VELO l @veloprotocol - Another Perspective I just applied Heikin Ashi candles to the $VELO 2-week chart for the first time (after a long time) and marked a bearish H & S pattern on the chart as well as the measured move target for this pattern, along with the projected retracement zone. The chart shows that the calculated target aligns with the zone around 0.003, where price dropped following -70% retracement from the top of the head down to the neckline. I know that there is liquidity sitting below 0.003, which could tempt price to drop lower and take it out. However, I'm not willing to dismiss the clear bullish signal on the weekly Stoch RSI. On this 2W timeframe, Stoch RSI has already crossed bullish after bottoming at the zero level. The completed measured H&S target at the recent low and the bullish Stoch RSI crossover convince me that price is unlikely to drop below 0.003 and that a trend reversal may already be underway. Of course, I could be wrong. TA is never certain but this is my current read based on what the chart is showing today.




@servedcoldest $Arbitrum and $Avax Please🙏




@servedcoldest Hi bro. how are these looking in your opinion? $2Z $KITE $RIVER



Gm $SIREN same place for opportunities 👌











@servedcoldest Cool! Maybe you can even make money by selling this bot in the future🤣



