✴️ Velo Update (700% Potential Growth Mapped)

I am using the same chart used in July.

For VELOUSDT, I am using an internal trendline to remove the excesses.

The "May support" broke down in August but now VELOUSDT is trading back above it, regaining the bullish bias.

The breakdown ended in a higher low compared to January 2023, a very strong bullish signal.

👉 The August drop is literally an extension of the correction that started in February. As volume can be clearly seen going lower and lower as the correction extends, it signals that the bears are losing strength. With Velo now trading back above its May support, we can expect the next wave to develop within this or next month.

This is an easy one... Patience is all that is needed, potential is huge.
👉 We are looking at 200%+ easy/fast and over 700% mid-term.

Namaste.