Xvs
XVSbtc - watching for potential longXVSbtc has a pretty good run and has been in a nice mark down phase. We had a good daily rejection on support telling me the buyers are strong.
I'm watching for 1 of 2 things to take an entry:
1) A decidedly bullish candle on this daily support area or on the pivot point in the 4hr timeframe (maybe if i notice it). A candle like a hammer or a bullish engulfing (small candle followed by a big green candle) is my jam for this. Additionally, if i see a range of candles on the 1hr with wicks predominantly down, that gives me confidence in support.
2) A break of the trendline creating a higher high with an entry on the test of daily. At any rate, that would make it a range trade.
Targets would be the first daily resistance marked and the subsequent targets. I'm not planning on being greedy here. If i get my entry i'll be taking the majority of my exits through the targets.
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.
$XVS #Venusprotocol Retesting the Resistance Level.A quick update video on XVS, nicely bounced from the 0.382 Fibonnaci Level to $43, now looks like a throwback to retest the trending resistance level. If we get a beautiful couple of green candles here, I may jump back in at this point.
Retest may not be complete until we dip to $34-$35 so I am keeping a close eye on the chart but looks like a classic doji pattern on the one hour timeframe.
XVSbtc could pumpI hate the phrase "moon" but xvs looks like it's setting up to take a run past the top bound resistance. If it does, look for a reasonable rejection at the purple line (target1) then a retest of the resistance turned support. Once that occurs I have no idea where it's going to go. It's another hype coin.
XVSUSDTif you are wondering where to put your investment and didnt find any yet XVS is going to be one the millions you can invest in mid-term/long-term and get a fortune from it just you need to have eyes on the trend line plotted in the chart otherwise the trend is super bullish with a potential you will regret that didnt invest in such thing
XVSBTC Potential Breakout 122%XVSBTC has broken the 100 day moving averages and is now attempting to break out of the down channel...rsi is at ath and macd is preparing for its first move into positive territory...so, if a breakout occurs, i would expect a pullback (from approximately 0.00002400) soon after to retest the 100 day and the top of the channel...if both hold, then the 0.00001800 region would be a good buy price...initial target is 0.00004000 (122%)...from there, we play it by ear...being a new pair, there is no telling where this one can go...IT'S YOUR MONEY, DYOR!!
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.