Velvet 0.5618, and then went down again.
More than four hours ago 0.606— I said not to cancel at 0.7, but it didn’t move up; instead, it ground lower.
The line at 0.55 is almost being touched.
From the way it’s been moving these past two days, it looks like there’s no drive left. Yesterday after pulling back 50%, it kept seeping downward all the way—there wasn’t even a decent reversal. The buyers had already run off.
At 0.7, I’ll withdraw first. At this point, I’m not talking about targets—I'm talking about whether we can hold the position.
If 0.55 breaks, then I’ll accept that this wave is over. Tonight at 8:30, CPI comes out. The volatility will be big then—those of you who already have positions, handle it yourselves. #VELVET $VELVET
More than four hours ago 0.606— I said not to cancel at 0.7, but it didn’t move up; instead, it ground lower.
The line at 0.55 is almost being touched.
From the way it’s been moving these past two days, it looks like there’s no drive left. Yesterday after pulling back 50%, it kept seeping downward all the way—there wasn’t even a decent reversal. The buyers had already run off.
At 0.7, I’ll withdraw first. At this point, I’m not talking about targets—I'm talking about whether we can hold the position.
If 0.55 breaks, then I’ll accept that this wave is over. Tonight at 8:30, CPI comes out. The volatility will be big then—those of you who already have positions, handle it yourselves. #VELVET $VELVET