VELVET keeps sliding, the daily stack stays bearish.
đŽ SHORT $VELVET /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.0597252 â 0.0599348
TP1: 0.0580778 (-2.9%)
TP2: 0.0569096 (-4.9%)
TP3: 0.0551574 (-7.8%)
SL: 0.0621663 (+3.9%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 4/12 signals agree, 2 against.
âą Daily trend down (below EMA50 & EMA200)
âą 4h trend down (below EMA50 & EMA200)
âą Sellers are driving the move (15m ADX 22.4)
Risk: Buyers have the momentum (4h RSI 55.7)
In plain words:
The daily trend is bearish, with price below the 50 and 200 EMA, and the 4h trend is down as well. The 1h price sits just below the 4h entry low at 0.0597252, and sellers still have the momentum on the 15m chart.
Where do you set your invalidation if you are not 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 · Leaning
Entry: 0.0597252 â 0.0599348
TP1: 0.0580778 (-2.9%)
TP2: 0.0569096 (-4.9%)
TP3: 0.0551574 (-7.8%)
SL: 0.0621663 (+3.9%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 4/12 signals agree, 2 against.
âą Daily trend down (below EMA50 & EMA200)
âą 4h trend down (below EMA50 & EMA200)
âą Sellers are driving the move (15m ADX 22.4)
Risk: Buyers have the momentum (4h RSI 55.7)
In plain words:
The daily trend is bearish, with price below the 50 and 200 EMA, and the 4h trend is down as well. The 1h price sits just below the 4h entry low at 0.0597252, and sellers still have the momentum on the 15m chart.
Where do you set your invalidation if you are not 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.
