Venus
Accumulation Stage of Venus - XVSThe good part about Venus is that it is undergoing well accumulation stage.
Where buyers are consistently buying into it, as price rising steadily.
Rounding Bottom pattern is illustrating the pricing.
You can see accumulation starts from the bottom of the chart, expanding towards right side of the chart.
It is a good sign, as we see many other coins went through rounding bottom before the price is flying.
Bitcoin is one of the best example.
XVS / USDT Venus early breakout in baseXVS Venus early breakout while it is building a base. 10-13% Stop Loss.
1st Profit target: 35% to major resistance at previous ATH. I plan to see how the market is and will probably hold 50% of my position to see if it breaks thru resistance after a rejection. Follow on profit targets if it breaks thru resistance: 50%
I expect Venus to hold above the trendline as circled.
Venus is a Binance Smart Chain project, and therefore should see some tailwind momentum following BNB's epic rise the past few days.
L'oeil De La TempeteIt's the last time i warn you.
So if the price beat up the 0.76 ressistance and stay above 0.80 for a daily close...
It will go to another GALAXY.
It may sound crazy but you will regret it if you don't buy at least 1000 xrp.
Sirs, I'm not financial advisor, so if you lose your money it's your fault.
I warn you when it was at 0.20.. NO ONE LISTENED..
Don't do the same mistake now, get in the space ship before the moon.
CAKE sidelining CAKE REVIEW
Rough consolidation for CAKE, just experienced a bad event recently with the DNS attack, luckily the team managed it really carefully.
Most of the value of CAKE remained because of people staking it and using farms for rewards.
Price action could be explained by less buyers in and more early adopters selling to invest elsewhere. Lack of new incentives to buy $CAKE is reason why price is slowly dropping. As long as TVL remains high and solid, I wouldn’t panic.
The fact that the price is under the 200EMA in the 4H chart makes me kinda bearish, but when we zoom out to the daily we are only near the 50EMA, which is still fine for now.
RSI has been under 55 for the main time since mid February (but never went completely oversold)which shows that a lot of people are still holding and staking.
Pancake is willing to be the Uniswap of Binance, for so it has revamp itself, which is going to happen before June 30th with CAKE V2 to happen in Q2.
On a fundamentals perspective, I am really bullish on CAKE since they are planning to change the contract for migration and develop:
* The ability to create a referral program (users can earn a percentage from referral fees).
* Adding an automated buyback and burn mechanism (from trading fees).
* Enable automatic compounding on syrup pools.
* Enable access to minting logic; governance votes decide on emission rates.
* LENDING & BORROWING
PancakeSwap is currently working on a Minimal Viable Product (MVP) version for lending and borrowing. The high demand for such products can be seen in projects like Venus, which is currently the project with the highest TVL on the BSC. PancakeSwap wants to be able to offer this service to its users as well. The fees generated by lending and borrowing would be used to buyback and burn $CAKE. This product will be released after the release of their prediction market.
These are the reason why I would buy more if ever we would retest the red support at 5$.
Otherwise I’d keep staking in the syrup pool and earn juicy CAKE that I would sell not less than 22$
Cheers
💡Don't miss the great buy opportunity in XVSUSD". There is a possibility of temporary retracement to suggested support line (44.730).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XVSUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 70.
Take Profits:
TP1= @ 56.750
TP2= @ 72.800
TP3= @ 83.150
TP4= @ 94.700
TP5= 103.090
SL= Break below S2
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🆓Venus/USDT Analysis (9/3) #XVS $XVSXVS is recovering quite strong, but buying here is not a good idea because it still has a possibility to move down to around 40$ again.
And when it conquers the 50$ successfully, it will move up to 60$ and 80$ zone in this March.
The 80$ zone is very strong and there will be a selling force here so we will need to pay attention to this zone
📈BUY
-Buy: 39-41$. SL if B
-Buy: 48.5-51.5$ if A. SL if B
📉SELL
-Sell: 58.5-61.5$. SL if A
-Sell: 78-82$. SL if A
♻️BACK-UP
-Sell: 39-41$ if B. SL if A
-Buy: 29-31$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
xvs venus about to moon again long nowwatch XVS venus or enter now its sitting on daily fibonacci level plus daily 50 EMA plus nice support chart speaks itself of course its not guaranteed even bank doesnt guarantee nothing because fake dollars can be printed as much as they want :D
that beeing said odds are in favour for nice profit. We can easy reach previous ATH which is around 100USD lets take profit before 100USD dont put TP exactly at 100 everyone else does it. SL could be below 25 its EMA plus fibonacci level or below 35 TP targets fibonacci levels. XVS venus is fundamentally good coin my friend was telling me about it . DYOR
If something happens and BTC jump 5K in few hours and venus is still there then its even better opportunity.
this setup looks really solid one of the most solid from my last ideas. Fundamentals plus technicals lookss really good. just a disclaimer maybe I have missed something some fresh news etc but if nothing major bad has happened for bitcoin or venus then it should shoot up
LONG XVS / USDTTotal Value Locked on Venus
$3,158,543,437.45
Market Cap (XVS)
$332,510,491
Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).
The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees. In addition, Venus allows users to mint VAI stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract.
VAI tokens are synthetic BEP-20 token assets that are pegged to the value of one U.S. dollar (USD), whereas XVS tokens are also BEP-20-based, but are instead used for governance of the Venus protocol, and can be used to vote on adjustments—including adding new collateral types, changing parameters and organizing product improvements.
The governance of the protocol is entirely controlled by XVS community members, since the Venus founders, team members and other advisors do have any XVS token allocations.
XVS - Falling Wedge, Potential consolidation and double bottomXVS (Venus), is basically seen as the COMP of Binance Smart Chain. This is important because of how high Ethereums fees are lately.
You have seen me do charts on CAKE, BAKE, etc within the last month. BSC is a big economy, and I think it is a trend for this spring.
From a Technical Analysis, Venus has a 61.8% retrace and should find common ground to launch off soon. If we have a double bounce we should see strong volume pushing up. This spot has been a place of previous resistance, now turned support, so it is extra effective.
XVS / USDTTotal Value Locked on Venus
€2,950,234,949.53
Market Cap (XVS)
€358,415,377
Analysis :
- Wait the confirmation (RSI + yellow triangle)
Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).
The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees. In addition, Venus allows users to mint VAI stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract.
Venus (XVS) Completing Gartley For Upto 65.5% Profit MoveHi dear friends, hope you are well, and welcome to the new update on Venus (XVS) token.
On the 4-hour chart, the priceline of XVS with Bitcoin pair is forming the final leg of the bullish Gartley pattern and soon it will be entered the potential reversal zone. There is also a strong uptrend line support within the buying zone and 50 and 100 simple moving average supports as well.
This trade has a huge profit possibility up to 65.5%, and the loss possibility is 15.5%.
Note : Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XVSUSDT Chill Down IncomingXVS had a great run to $56, now its tired legs must chill.
Descending triangle inbound.
Volume giving expected markers
MACD collision in sight
Support at various Fibonacci level, strong at 618-fib. Watch the area for buyers.
Sellers enjoy the ride
How low can we go, depends an how strong sellers are.
XVS is DeFi on the Binance Smart Chain, promising coin.
Like and Share your thoughts or opinion.
Venus (XVS) Project Overview + Chart AnalysisVenus (XVS) Overview
What Is Venus (XVS)?
Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).
The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees. In addition, Venus allows users to mint VAI stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract.
VAI tokens are synthetic BEP-20 token assets that are pegged to the value of one U.S. dollar (USD), whereas XVS tokens are also BEP-20-based, but are instead used for governance of the Venus protocol, and can be used to vote on adjustments—including adding new collateral types, changing parameters and organizing product improvements.
The governance of the protocol is entirely controlled by XVS community members, since the Venus founders, team members and other advisors do have any XVS token allocations.
Source: Coinmarketcap.com
Website: venus.io
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We got into XVSBTC (Venus), lovely name, earlier today and wanted to share the chart with you...
It looks pretty nice, it is almost very clear that a rebound is taking place.
The indicators are good and this seems like a very solid project.
Wishing you the best for sure.
Namaste.
Venus (XVS) Going As Planned (Next Target Mapped Up To 135%)XVSBTC (Venus) continues going as planned/moving higher.
EMA50 was challenged first 11-Jan. but there wasn't enough strength to break up...
Another attempt at EMA50 happened on 14-Jan. but still nothing.
Today, we have XVSBTC above EMA50 for the first time since December.
Staying above this level is a strong bullish signal.
This signal is only confirmed once the daily candle closes later today.
The next target is marked on the chart at 47% followed by 136%...
These are reference points only; make sure to have a plan before you trade.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Previous chart (Jan. 10)
✳️Venus/USDT Analysis (15/12) #XVS $XVSXVS is heading to the 4$ zone to conquer and increase to the 6$ zone this December.
3.2$ zone has been strengthened so it's safe to buy here.
📈BUY
-Buy: 3.1-3.3$ if A.SL if B
-Buy: 3.8-4$ if A.SL if B
📉SELL
-Sell: 6-6.2$$ if B.SL if A
♻️BACK-UP
-Sell: 3.1-3.3$ if B.SL if A
-Buy: 2.3-2.5$ if A.SL if B
-Sell: 2.3-2.5$ if B.SL if A
-Buy: 1.5-1.7$ if A.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
A perfectly executed SXP shakeout with imminent reversalBinance are masters of marketmaking and painting charts. They brought SXP to a nearly full retracement from its major run and have shaken as many people as possible out. As we approach new week starting from 21 September, we may expect - but not necessarily get - one last scam wick downwards to hunt for stoplosses and force utter capitulation of SXP holders before starting a full-scale reversal, possibly coinciding with weekly closure. Despite all the scary news and FUD, Binance and Swipe team still hold a large percentage of SXP coins and likely to keep charts perfect they will not allow decimation of the support floor currently found around 13200-13600 sats, in order to keep the overall long term upward trend intact. Full recovery seems plausible within 5 weeks. Further price action will depend on FA releases. Given the level of FUD against Binance and Swipe, it does seem likely like a coordinated campaign to shake out holders who forgot that barely a month ago Swipe was viewed as a Unicorn. If it's a Unicorn defi powering the largest crypto credit card by far (basically all binance customers), is it reasonable to assume it peaked at 350m USD? Is it also reasonable to forget CRO's marketcap is still 3.5b USD?
Shakeout perfectly executed. Reversal commencing around weekly closing/opening. Risk/reward is 1:4 within 1 month.