Xvsusdt
XVS, wait for the breakout, get ready!XVS has so many indications that its about to going up in price, the indicator looks so promising for me. personally, this is my favorite coin since its predictable and volatile enough for day traders. im using trendline and snr drawing method, and im using rsi and EMA indicators to determine my analysis
XVSUSDT (Falling Wedge )XVSUSDT (4H CHART) Technical Analysis Update
Falling Wedge
XVS/USDT currently trading at $57.00
Buy-level: $55- $60
Stop loss: below $39
Target 1: $78.00
Target 2: $100
Target 3: $130
Target 4: $150
ALWAYS KEEP STOP LOSS...
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XVSUSDT 4H Long setup; Bounced at newly created supportTA explained
XVS made a strong impulsive move since the start of 2021, now it formed a new structure around 34 - 46 usdt which could be considered a support area.
Price bounced on that price level to confirm the area as support, now creating an ascending triangle locally which on a breakout could trigger bullish continuation.
Given SL is at 39% from average entry which is pretty much so consider your entry and SL
Trade setup
Best entries: 43.637 - 54.016
TP1: 92.849
TP2: 130.045
TP3: 193.454
SL: 29.258
RR: 7.47
Max leverage: 1x
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Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
💡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 is at support, worth buyingVenus is a DeFi project on Binance Smart Chain (BSC). BSC projects are undervalued and we see a good exposure in the coming months. XVS is now at the accumulation zone and worth loading some here.
Buy Zone: $34 - $38
Target: $44 - $51 - $55 - $59 - $65 - $71 - $76 - $81 - $87 - $94 - $99
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.