VELVET long setup: the levels I'm watching
đą LONG $VELVET /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 0.0719250 â 0.0722550
TP1: 0.0753278 (+4.5%)
TP2: 0.0774863 (+7.5%)
TP3: 0.0807241 (+12.0%)
SL: 0.0677729 (-6.0%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend idea backed by 5 signals only. Smaller size, hard stop.
Why LONG? Leaning call, 5/12 signals agree, 1 against, 6 undecided.
âą 4h trend: price > EMA50 > EMA200, bullish stack â the swing trend is up
âą 1h trend: price > EMA50 > EMA200, bullish stack â the short-term trend is up
âą Trend strength (ADX/DI, 15m): ADX 26.7 with buyers in control (DI+ 30.7 vs DIâ 13.0) â buyers are driving the move
Risk: Daily trend: price < EMA50 < EMA200, bearish stack â the big-picture trend is down
In plain words:
The daily trend reads bearish, and 5/12 signals aligned favour the long side. The plan is to work the 0.0719250 â 0.0722550 zone, scale out at 0.0753278 and 0.0774863, and stay patient for 0.0807241. A move through 0.0677729 means the idea is wrong and the stop does its job. This is a counter-trend bet against the higher-timeframe trend, so size down.
Does VELVET tag 0.0753278 first, or the stop?
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: 0.0719250 â 0.0722550
TP1: 0.0753278 (+4.5%)
TP2: 0.0774863 (+7.5%)
TP3: 0.0807241 (+12.0%)
SL: 0.0677729 (-6.0%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend idea backed by 5 signals only. Smaller size, hard stop.
Why LONG? Leaning call, 5/12 signals agree, 1 against, 6 undecided.
âą 4h trend: price > EMA50 > EMA200, bullish stack â the swing trend is up
âą 1h trend: price > EMA50 > EMA200, bullish stack â the short-term trend is up
âą Trend strength (ADX/DI, 15m): ADX 26.7 with buyers in control (DI+ 30.7 vs DIâ 13.0) â buyers are driving the move
Risk: Daily trend: price < EMA50 < EMA200, bearish stack â the big-picture trend is down
In plain words:
The daily trend reads bearish, and 5/12 signals aligned favour the long side. The plan is to work the 0.0719250 â 0.0722550 zone, scale out at 0.0753278 and 0.0774863, and stay patient for 0.0807241. A move through 0.0677729 means the idea is wrong and the stop does its job. This is a counter-trend bet against the higher-timeframe trend, so size down.
Does VELVET tag 0.0753278 first, or the stop?
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.