Daily bearish stack and ADX 52.2 show sellers in control.
🔴 SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0687048 – 0.0691352
TP1: 0.0643059 (-6.7%)
TP2: 0.0612299 (-11.2%)
TP3: 0.0566158 (-17.9%)
SL: 0.0750721 (+8.9%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? 6/12 signals agree, 1 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 52.2)
Risk: Far below its average, bounce likely (−3.1 ATR from 1h EMA50)
Journal note: VELVET
I'm watching the 1h price and want to see a test of 0.0687048 as a short entry. The daily trend and the 4h trend are both bearish, which supports a short bias. The main risk is that the 1h price is 3.1 ATR below the 1h EMA50, which means a bounce is possible.
Where do you take profit on a short here?
Chart with every level below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
🔴 SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0687048 – 0.0691352
TP1: 0.0643059 (-6.7%)
TP2: 0.0612299 (-11.2%)
TP3: 0.0566158 (-17.9%)
SL: 0.0750721 (+8.9%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? 6/12 signals agree, 1 against.
• Daily trend down (below EMA50 & EMA200)
• 4h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 52.2)
Risk: Far below its average, bounce likely (−3.1 ATR from 1h EMA50)
Journal note: VELVET
I'm watching the 1h price and want to see a test of 0.0687048 as a short entry. The daily trend and the 4h trend are both bearish, which supports a short bias. The main risk is that the 1h price is 3.1 ATR below the 1h EMA50, which means a bounce is possible.
Where do you take profit on a short here?
Chart with every level below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.