VELVET keeps sliding in a trend that is already stacked bearish.
đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0695489 â 0.0699111
TP1: 0.0664447 (-4.7%)
TP2: 0.0642546 (-7.9%)
TP3: 0.0609693 (-12.6%)
SL: 0.0741103 (+6.3%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? 6/12 signals agree, 0 against.
âą Daily trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers are driving the move (15m ADX 30.4)
If it plays out:
If the daily bearish trend and 1h bearish momentum hold, the 1h price should drop toward the first target, with the 1h RSI showing room to keep falling.
If it fails:
A close above the invalidation level would signal the trend is reversing, so I would exit immediately.
Where do you set your stop for this short?
Chart with every level 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.
đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0695489 â 0.0699111
TP1: 0.0664447 (-4.7%)
TP2: 0.0642546 (-7.9%)
TP3: 0.0609693 (-12.6%)
SL: 0.0741103 (+6.3%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? 6/12 signals agree, 0 against.
âą Daily trend down (below EMA50 & EMA200)
âą 1h trend down (below EMA50 & EMA200)
âą Sellers are driving the move (15m ADX 30.4)
If it plays out:
If the daily bearish trend and 1h bearish momentum hold, the 1h price should drop toward the first target, with the 1h RSI showing room to keep falling.
If it fails:
A close above the invalidation level would signal the trend is reversing, so I would exit immediately.
Where do you set your stop for this short?
Chart with every level 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.