Velodrome Bullish Scenario
Velodrome has experienced a sharp decline since listing on Binance, but now experiencing an accumulation towards a highly bullish direction.
Intersection of trend lines with the red line may indicate a short term Short position, while intersection with the green lines from a bullish trend indicate further upward movement.
It may stall around the 0.255 area with a potential sell-off back to 0.23 before further rally.
Not financial advice.
Follow for more TA. DM for special requests.
Intersection of trend lines with the red line may indicate a short term Short position, while intersection with the green lines from a bullish trend indicate further upward movement.
It may stall around the 0.255 area with a potential sell-off back to 0.23 before further rally.
Not financial advice.
Follow for more TA. DM for special requests.
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