Xvsusdt
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.
VENUS BREAKOUT - LONG TO $65, THEN $90Here is a descending triangle breakout confirming a buy setup. Also, this is a bullish triple bottom pattern giving same signal.
Therefore, I expect price to go long to $65 first, then $90 which equates to 100% return on investment. Fund me so that I can investment too😩
The yellow horizontal lines are the major support and resistance levels price may encounter when moving in a trend.
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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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