VELVET is sliding under its short-term moving averages
đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0707817 â 0.0709583
TP1: 0.0690982 (-2.5%)
TP2: 0.0679170 (-4.2%)
TP3: 0.0661451 (-6.7%)
SL: 0.0732324 (+3.3%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? 7/12 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 26.2)
Q: Why short when the 4h trend is mixed?
A: The 1h and daily trends are both bearish, confirming the direction.
Q: When is this trade wrong?
A: If price pushes above 0.0732324, the invalidation level is breached.
What is your short target or invalidation level?
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.
đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Strong
Entry: 0.0707817 â 0.0709583
TP1: 0.0690982 (-2.5%)
TP2: 0.0679170 (-4.2%)
TP3: 0.0661451 (-6.7%)
SL: 0.0732324 (+3.3%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Why SHORT? 7/12 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 26.2)
Q: Why short when the 4h trend is mixed?
A: The 1h and daily trends are both bearish, confirming the direction.
Q: When is this trade wrong?
A: If price pushes above 0.0732324, the invalidation level is breached.
What is your short target or invalidation level?
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.