EdoardoTelve

VELO - or not VELO ? This is the question!

KUCOIN:VELOUSDT   VELO / Tether
Despite market conditions, VELO protocol resist but has lost a bit of momentum...
actually is ranging between 0.018 and 0.028 which is consolidating indeed.
The most important part is that the price has bounced from the EMA 50 and it still remaining above it, which is a good sign.
the targets we establish will remain the same as before, but we would like to see more strength coming up, infact as we have a normal decreased volume during a retracement, this is the case.
we remain in position.
Good trading ;-)
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