VELVET long setup: the levels I'm watching
๐ข LONG $VELVET /USDT: expecting price to go UP
Bias: LONG ยท Leaning
Entry: 0.0772170 โ 0.0778430
TP1: 0.0824273 (+6.3%)
TP2: 0.0856922 (+10.5%)
TP3: 0.0905895 (+16.8%)
SL: 0.0710003 (-8.4%)
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.
โข 1h trend: price > EMA50 > EMA200, bullish stack โ the short-term trend is up
โข Trend strength (ADX/DI, 15m): ADX 37.6 with buyers in control (DI+ 22.2 vs DIโ 11.3) โ buyers are driving the move
โข 4h RSI: 58.1, bullish momentum (above 55) โ buyers have the momentum
Risk: Daily trend: price < EMA50 < EMA200, bearish stack โ the big-picture trend is down
Why now?
The daily trend reads bearish, and 5/12 signals aligned favour the long side. The plan is to work the 0.0772170 โ 0.0778430 zone, scale out at 0.0824273 and 0.0856922, and stay patient for 0.0905895. A move through 0.0710003 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 0.0824273 first, or the stop?
Chart with every level below.
๐ฒ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
โ ๏ธ Personal market analysis only. NFA โ 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.
๐ข LONG $VELVET /USDT: expecting price to go UP
Bias: LONG ยท Leaning
Entry: 0.0772170 โ 0.0778430
TP1: 0.0824273 (+6.3%)
TP2: 0.0856922 (+10.5%)
TP3: 0.0905895 (+16.8%)
SL: 0.0710003 (-8.4%)
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.
โข 1h trend: price > EMA50 > EMA200, bullish stack โ the short-term trend is up
โข Trend strength (ADX/DI, 15m): ADX 37.6 with buyers in control (DI+ 22.2 vs DIโ 11.3) โ buyers are driving the move
โข 4h RSI: 58.1, bullish momentum (above 55) โ buyers have the momentum
Risk: Daily trend: price < EMA50 < EMA200, bearish stack โ the big-picture trend is down
Why now?
The daily trend reads bearish, and 5/12 signals aligned favour the long side. The plan is to work the 0.0772170 โ 0.0778430 zone, scale out at 0.0824273 and 0.0856922, and stay patient for 0.0905895. A move through 0.0710003 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 0.0824273 first, or the stop?
Chart with every level below.
๐ฒ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
โ ๏ธ Personal market analysis only. NFA โ 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.