$VELVET just armed an 81% long signal while the 4h RSI sits calmly at 50.96, leaving plenty of room to run before hitting any exhaustion levels. Volatility is tightly coiled right above the 1h ATR, setting up a potential breakout play.
Here is how the trade plan breaks down:
Current Price: 0.6348 (+13.09%)
Entry Range: 0.6554773 - 0.6629227
Stop Loss: 0.5646820
Take Profit Targets: TP1: 0.7300885 - TP2: 0.7773474 - TP3: 0.8482359
The big question: Are you scaling out at TP2 to lock in gains, or holding for the full run to TP3? Let's hear your exit strategy.
#VELVET #CryptoTrading #TrendFollowing #Altcoins
Here is how the trade plan breaks down:
Current Price: 0.6348 (+13.09%)
Entry Range: 0.6554773 - 0.6629227
Stop Loss: 0.5646820
Take Profit Targets: TP1: 0.7300885 - TP2: 0.7773474 - TP3: 0.8482359
The big question: Are you scaling out at TP2 to lock in gains, or holding for the full run to TP3? Let's hear your exit strategy.
#VELVET #CryptoTrading #TrendFollowing #Altcoins