VELVET long setup: the levels I'm watching
🟢 LONG $VELVET /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 0.0726196 – 0.0731204
TP1: 0.0760949 (+4.4%)
TP2: 0.0782448 (+7.4%)
TP3: 0.0814697 (+11.8%)
SL: 0.0685701 (-5.9%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend setup against the bigger trend, only 5 signals confirm it. Size down, respect the stop.
Why LONG? Leaning call, 5/12 signals agree, 1 against, 6 undecided.
• 1h trend: price > EMA50 > EMA200, bullish stack → the short-term trend is up
• Trend strength (ADX/DI, 15m): ADX 22.4 with buyers in control (DI+ 19.7 vs DI− 16.4) → buyers are driving the move
• 4h RSI: 56.5, bullish momentum (above 55) → buyers have the momentum
Risk: Daily trend: price < EMA50 < EMA200, bearish stack → the big-picture trend is down
The reasoning:
The daily trend reads bearish, and 5/12 signals aligned favour the long side. The plan is to work the 0.0726196 – 0.0731204 zone, scale out at 0.0760949 and 0.0782448, and stay patient for 0.0814697. A move through 0.0685701 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 0.0760949 first, or the stop?
Chart with every level below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — 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.
🟢 LONG $VELVET /USDT: expecting price to go UP
Bias: LONG · Leaning
Entry: 0.0726196 – 0.0731204
TP1: 0.0760949 (+4.4%)
TP2: 0.0782448 (+7.4%)
TP3: 0.0814697 (+11.8%)
SL: 0.0685701 (-5.9%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Caution: counter-trend setup against the bigger trend, only 5 signals confirm it. Size down, respect the stop.
Why LONG? Leaning call, 5/12 signals agree, 1 against, 6 undecided.
• 1h trend: price > EMA50 > EMA200, bullish stack → the short-term trend is up
• Trend strength (ADX/DI, 15m): ADX 22.4 with buyers in control (DI+ 19.7 vs DI− 16.4) → buyers are driving the move
• 4h RSI: 56.5, bullish momentum (above 55) → buyers have the momentum
Risk: Daily trend: price < EMA50 < EMA200, bearish stack → the big-picture trend is down
The reasoning:
The daily trend reads bearish, and 5/12 signals aligned favour the long side. The plan is to work the 0.0726196 – 0.0731204 zone, scale out at 0.0760949 and 0.0782448, and stay patient for 0.0814697. A move through 0.0685701 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 0.0760949 first, or the stop?
Chart with every level below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — 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.