VELOUSDT 1H Correction of 0.61% of FIBONACCI

VELOUSDT 1H Correction of 0.61% of FIBONACCI

VELO is within a very wide bullish channel.
Yesterday it launched a candle that touched 0.02 from where it has corrected to the current levels that correspond to 0.61% of FIBONACCI.

Taking the current levels as support, we can position ourselves long looking for the upper part of the channel and take profits at 0.214 that correspond to the extension of -0.27%.

I share with you my technical analysis assessments on certain values ​​that I follow as part of the strategies that I design for my portfolio, but I do not recommend anyone to operate based on these indications. Inform yourself, train yourself and build your own strategies when it comes to investing. I only hope that my assessments help you on your own path :)

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