VELOUSDT 1H touches the support of this bullish trend again

VELOUSDT 1H touches the support of this bullish trend again

VELO is in an optimal buying zone to gain new momentum. At first, it could reach 0.023 – 0.025 without too many problems.

In this value, the most important thing is to be clear about the SL in case it turns around or leaves the bullish channel. Otherwise, you just have to let it go up, and the objectives are very interesting.

It is about establishing clear patterns to develop an adequate strategy.

SL: 0.015

TP1: 0.023
TP2: 0.034

All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either down or up, for the orders to be executed in one direction or another, taking the necessary deposits.

TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.

This tool is in the development process and the BETA will soon be ready for testing.

FOLLOW ME and I will keep you informed of the progress we make.

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