YMGroup

VELAS token continue consolidation in local support zone, Update

Long
BITTREX:VLXUSD   None
Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.

Today I want talk with you about VLX /USD chart.

As I said in my previous idea, price will make correction and consolidation before next upward impulse.

Now price corrected to 0.5 Fibonacci level and trades in local support zone 0.23-0.26 $

I expect next upward movement soon from this support zone.

Target is around 0,50-0,54 $ it's around 80% from current price and 100% if buy at 0.24 $ or lower.

In any case you must put stop loss below 0.23 $

So, I'm waiting for this scenario.

This is my opinion, I really hope this will be useful for you.

Be ready and take care your money. Have a great profit !
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