Velo (KuCoin: VELOUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, VELO began a red wave one advance on December 17, 2022. The red wave one peaked on January 20 this year and the red wave two correction ended on February 10. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on February 26 and the red wave four (blue sub-waves a-b-c) correction ended on March 10. If this wave count is correct, VELO should be heading next towards the February 26 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Velo is "next generation" financial protocol for businesses. You can watch their latest AMA below.
(Sources: https://www.velo.org/)
How Will Velo Trade?
Velo (KuCoin: VELOUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
VELO will takeout the February 26 peak
VELO will drop below the February 10 low
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
VELO will takeout the February 26 peak
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VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
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Correct. Upvoted your post:
https://steemit.com/dailyflowersphotography/@omp/dailyflowersphotography-my-entry-1026
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VELO will takeout the February 26 peak
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Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
please click it!
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)
The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.
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maarnio, thanks for your kindness to gift SHOP to 8 steemians, you have been received a 68.37% upvote from me~
@tipu curate
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VELO will takeout the February 26 peak
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VELO will drop below the February 10 low
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VELO will takeout the February 26 peak
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VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
!shop
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Correct. Upvoted your post:
https://steemit.com/hive-159906/@eii/myanimalphotography-25-04-2023
!shop
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Hi~ eii!
@maarnio has gifted you 1 SHOP!
Currently you have： 490 SHOP
View or Exchange
Are you bored? Play Rock,Paper,Scissors game with me!SHOPPlease go to steem-engine.net.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
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Hi~ maarnio!
@eii has gifted you 1 SHOP!
Currently you have： 143 SHOP
View or Exchange
Are you bored? Play Rock,Paper,Scissors game with me!SHOPPlease go to steem-engine.net.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
VELO will takeout the February 26 peak
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Submit
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
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Submit
Correct.
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VELO will takeout the February 26 peak
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Submit
VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
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Correct. Upvoted your post:
https://steemit.com/hive-109160/@jorgebgt/life-on-rogue-planets
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VELO will stay in a trading range between the February 10 low and the February 26 peak until April 25
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Submit
Correct. Upvoted your post:
https://steemit.com/hive-122315/@bntcamelo/the-un-the-voice-of-criminals
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