$VELVET $BTC 🚀 VELVET HAS FORMED A BOTTOM – THE X10 OPPORTUNITY IS HERE!
Take a look at the 15m chart: VELVET has just swept a terrifying dump all the way down to 0.4334, then strongly bounced back. Currently, the price is gradually climbing toward 0.4718 and breaking through the short-term MA lines, signaling that selling pressure has run out.
Especially, the MACD has officially formed a Golden Cross, pointing upward. The buy volume histogram is starting to thicken again. The RSI has surged up from the overbought zone to 73, confirming that the bulls are taking back control of the market. This technical retracement will at least test the old resistance zone. All aboard, brothers!
🔥 BATTLE ROPE: LONG VELVET (Suggested leverage: x10)
Entry: 0.4650 – 0.4720
Target (TP): 0.5400 (TP1) | 0.6300 (TP2 - right at the MA99 line)
Stoploss (SL): 0.4280 (If the old bottom is broken, it’s a no.)
#BTC
Take a look at the 15m chart: VELVET has just swept a terrifying dump all the way down to 0.4334, then strongly bounced back. Currently, the price is gradually climbing toward 0.4718 and breaking through the short-term MA lines, signaling that selling pressure has run out.
Especially, the MACD has officially formed a Golden Cross, pointing upward. The buy volume histogram is starting to thicken again. The RSI has surged up from the overbought zone to 73, confirming that the bulls are taking back control of the market. This technical retracement will at least test the old resistance zone. All aboard, brothers!
🔥 BATTLE ROPE: LONG VELVET (Suggested leverage: x10)
Entry: 0.4650 – 0.4720
Target (TP): 0.5400 (TP1) | 0.6300 (TP2 - right at the MA99 line)
Stoploss (SL): 0.4280 (If the old bottom is broken, it’s a no.)
#BTC