Money-picking signals are often hidden in divergences. The $VELVET , a four-hour timeframe candle with a strong volume expansion bullish candle, stands out sharply against the sideways consolidation on the daily chart. When I review charts, what I focus on most is this mismatch—short-term capital has already started to run ahead, while the daily structure hasn’t caught up yet. This strongly suggests there isn’t overhead resistance from trapped holders. The pullback-confirmed zone is where longs feel comfortable; the 15-minute momentum indicator is still climbing and hasn’t reached the “exhaustion” stage.
With this kind of structure, I prefer to wait for a pullback in line with the move, rather than chase a breakout. There’s only one key risk: the daily chart still doesn’t cooperate for a long time. But since the four-hour chart has already given the direction, we should respect the short-term choice.
🟢 Trade Direction: Long
📍 Entry Range: 0.1058581 – 0.1067366
🛑 Stop Loss: 0.0985637
🎯 Take Profit 1: 0.1120976
🎯 Take Profit 2: 0.1159645
🎯 Take Profit 3: 0.1217648
No need to chase the bandwagon—the bandwagon will stay for you.
Stand side by side with Li Jie, so every inch of time leaves an echo.
#VELVET
Click below to trade 👇
With this kind of structure, I prefer to wait for a pullback in line with the move, rather than chase a breakout. There’s only one key risk: the daily chart still doesn’t cooperate for a long time. But since the four-hour chart has already given the direction, we should respect the short-term choice.
🟢 Trade Direction: Long
📍 Entry Range: 0.1058581 – 0.1067366
🛑 Stop Loss: 0.0985637
🎯 Take Profit 1: 0.1120976
🎯 Take Profit 2: 0.1159645
🎯 Take Profit 3: 0.1217648
No need to chase the bandwagon—the bandwagon will stay for you.
Stand side by side with Li Jie, so every inch of time leaves an echo.
#VELVET
Click below to trade 👇