$VELVET going long
Support and pressure: The previous high pressure level above is at 0.095690. The current price is 0.077580—there’s still room to move up for a while. Below, the previous low support is at 0.065070. Only if this level breaks down can we say the outlook is truly turning bad.
Although the SAR is still above the price at 0.077580, it’s already very close. When the SAR flips to long, it becomes the new starting point—this kind of turning point is the most comfortable time to enter.
Long/short ratio: currently 2.32. Long positions make up 70% of accounts; retail traders are all standing on the long side. When sentiment turns bullish, it becomes a trend-following move.
Entry: 0.076141-0.077890
Take profit 1: 0.079711
Take profit 2: 0.080866
Stop loss: 0.075860
🔴 Click here to place an order 👉👉👉 $VELVET
Support and pressure: The previous high pressure level above is at 0.095690. The current price is 0.077580—there’s still room to move up for a while. Below, the previous low support is at 0.065070. Only if this level breaks down can we say the outlook is truly turning bad.
Although the SAR is still above the price at 0.077580, it’s already very close. When the SAR flips to long, it becomes the new starting point—this kind of turning point is the most comfortable time to enter.
Long/short ratio: currently 2.32. Long positions make up 70% of accounts; retail traders are all standing on the long side. When sentiment turns bullish, it becomes a trend-following move.
Entry: 0.076141-0.077890
Take profit 1: 0.079711
Take profit 2: 0.080866
Stop loss: 0.075860
🔴 Click here to place an order 👉👉👉 $VELVET
