XVSUSDT trade ideas
Venus XVS Caution! Roller coaster is not for the faint of heart!Venus (XVS) is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).
The combination of Defi project + binding to Binance gave a good result, the price of XVSUSDT increased from $2 to almost $150
But the real roller coaster for traders happened on May 18-19, then the price for 2 hours increased from $80 to $140 . (Against the background of purchases to get a new VRT reward token) and already during May 19, the price of XVSUSD fell from $140 to $32. Only spot traders could survive such a ride, while the deposits of marginals were confidently multiplied by 0.
Tonight, against the background of the BTC shot up, the price of XVS also showed an increase, although much better +50%
Such volatility is very dangerous to trade on a margin account, only on a spot.
By the way, the white route from our idea BTCUSDT worked pretty well
The weekly candle has worked out almost all its growth potential in a day
Let's define the key levels:
To continue the upward rally, the XVSUSDT price needs to be corrected, at least up to $20
The first target for growth is $35, if it is easily overcome, then hello $59-60.
Correction: here we will have to look at how powerful the growth will be and what the overall situation will be in the crypto market.
However, based on the current data, we believe that in the future it will be possible to place buckets for purchases on the spot in the liquidity zone of $10-11 . What if we get lucky and pour it, who knows what they have prepared for us in the future)
_____________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
XVS BEST TIME TO BUY/HODL Hello Everyone, If You Like The Idea, Do Not Forget To Support With A Like And Comment .
If You Want To See Any Coins Technical Analyse Put The Name On Comment .
XVS Is One Of The Rug Pull Project Of Binance Smart Chain 😂😂😂 I Remember When Everyone Tried To Buy When It Was 100$ But Now Its Price Is Very Low And Marketcap Is Only 200M . So Im Bullish On This Trade Taking Verylow Risk So If It Will Pump Again ( Ithink WIll Because Binance Is Biggest Exchange ) It Can Give Easy Money To Me .
Note : Its Long Time Market Dont Allow Good Buy Opportunities To Buy Alts And HODL . Alts Doesn't Have Deep So No One Can Catch The Dip If BTC Break 30K . Im Going To Add Coins To My Bag Which Entered Long Term Buy Zone With Using Strategy Sell 50% On Every 100% Profit .
Warning : This LvLs Are Gate Of New Session So Don’t Enter Altcoins All In . Personally Planning Bought Alts With 20% Portfolio .
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
Venus in a very hard wayVenus has been trying to climb in the past few days, but market confusion has prevented prices from rising and caused the market to suffer in the last 3-4 days.Now in the chart above we have seen the emergence of a symmetrical triangle pattern The symmetrical triangle pattern is generally a continuous pattern But if a green candlestick closes above the top of the triangle, we can see the price rise as much as the base of the triangle.In the uptrend, the price has a lot of resistance, which is indicated in the chart above by blue lines But in the downtrend it is observed that there is only one important support that cows should be very careful about.Currently, the possibility of a descent scenario is greater than the ascent.
This is just a technical analysis.
This is not a financial recommendation.
XVS In Neutral Zone , Buy After Breakout #XVS 1D Chart Analysis... Most Requested
After A Big XVS Goes 85% Down From It's All Time High. After A Long Corretion XVS Goes Below It's Strong Support Zone. After That XVS Created A Bullish Engulfing Candlestick & Closed Above Support Zone. But Next Couple Of Daily Candle Tried To Close Above The Bullish Engulfing Candelistick High. Serially All 4 Candles Failed To Close Above The Bullish Candle. Now We Are In Sideways Until It's Close Above or Below The Bullish Candle. That's It ... I Will Suggest Don't Take Entry Without Breakout.