VELVET price above EMA stack on the 1h.
đą LONG $VELVET /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 0.0620869 â 0.0626531
TP1: 0.0667633 (+7.0%)
TP2: 0.0696921 (+11.7%)
TP3: 0.0740854 (+18.8%)
SL: 0.0565123 (-9.4%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend idea backed by 6 signals only. Smaller size, hard stop.
Why LONG? Leaning call, 6/12 signals agree, 1 against, 5 undecided.
âą 1h trend: price > EMA50 > EMA200, bullish stack â the short-term trend is up
âą Trend strength (ADX/DI, 15m): ADX 36.6 with buyers in control (DI+ 23.6 vs DIâ 18.0) â buyers are driving the move
âą BTC backdrop: BTC trend is bullish and correlation is 0.68 â BTC is rising and this coin tends to follow
Risk: Daily trend: price < EMA50 < EMA200, bearish stack â the big-picture trend is down
Quick VELVET read:
1. The 1h trend is up with price above EMA50 and EMA200.
2. ADX at 36.6 shows buyers are driving the 15m move.
3. A daily bearish trend and only 6 of 12 signals aligned make this a counter-trend bet.
What is your invalidation level for this long, and are you sizing down because the daily trend is bearish?
Levels mapped on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â 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.
đą LONG $VELVET /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 0.0620869 â 0.0626531
TP1: 0.0667633 (+7.0%)
TP2: 0.0696921 (+11.7%)
TP3: 0.0740854 (+18.8%)
SL: 0.0565123 (-9.4%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend idea backed by 6 signals only. Smaller size, hard stop.
Why LONG? Leaning call, 6/12 signals agree, 1 against, 5 undecided.
âą 1h trend: price > EMA50 > EMA200, bullish stack â the short-term trend is up
âą Trend strength (ADX/DI, 15m): ADX 36.6 with buyers in control (DI+ 23.6 vs DIâ 18.0) â buyers are driving the move
âą BTC backdrop: BTC trend is bullish and correlation is 0.68 â BTC is rising and this coin tends to follow
Risk: Daily trend: price < EMA50 < EMA200, bearish stack â the big-picture trend is down
Quick VELVET read:
1. The 1h trend is up with price above EMA50 and EMA200.
2. ADX at 36.6 shows buyers are driving the 15m move.
3. A daily bearish trend and only 6 of 12 signals aligned make this a counter-trend bet.
What is your invalidation level for this long, and are you sizing down because the daily trend is bearish?
Levels mapped on the chart below.
đČ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
â ïž Personal market analysis only. NFA â 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.
