[48%] LONG XVS / USDTAnalysis :
- Above the Kumo, Tenkan, Kijun
- We break the ascending triangle
- pull back on the old resistance of the triangle
- Elliott Waves and Fib retracement -> target : 129$
- Resistance : 103$
- Target : 129$
XVSUSDT trade ideas
XVS-USDT(Cup and Handle Formation)Venus Protocol is an algorithm-based money market system designed to bring a complete decentralized finance-based lending and credit system onto the Binance Smart Chain.
XVS has been trading in a Cup and Handle formation with the level of ~$95 as the horizontal level wherein breakout from the level may trigger the price to new highs.
Key Levels to watch out for-
The price may move to the levels of ~$120 after the breakout while the support to the lower side is present at ~$75 .
XVSUSDT - EW analysis - 5th wave up - 2 probable count XVSUSDT - The uptrend is having two probability as per wave principle. Either it will form a diagonal as 5th wave as 3-3-3-3-3 structure. In this case the invalidation level will be 35.157 OR it will go for 3rd wave extension wihtin 5th wave as more bullish scenario and the invalidation level will be 48.661. If it takes a 4-7 days in just consolidating the price in the same choppy zone, then first option is more likely to unfold. But let's see how it moves next ?
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XVSUSDT - 4HXVS in a tight range , keep an eye on a breakout + volume!
For every new follower i will add a new idea :)
🤙🏻🤓XVS LONG TERM HODL(READ DESCRIPTION)🤓🤙🏻BUY AREA:$70-$30
VOL:%10-%5 OF PORTFOLIO
Target: $100-$135-$140............
🔥LIKE BOOM🔥
XVSUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has a lot of correction and has hit the support point. We intend to be able to touch our targets over time.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
XVS Ascending TriangleBuy:75-76 Tp1:103
An ascending triangle is generally considered to be a continuation patterns.%60 it could go higher.
XVSUSDT - EW analysis - 5th wave up XVSUSDT - IT is expected to correct small sideways before it resume the next move as either 5th of 5th wave OR extended move as 3rd of 5th wave.
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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.
XVSUSDT BreakOUTXVS has been ascending wedge for sometime, took a cool small break to gather momentum.
Based on our last idea, it didn't dive or ready to take long break.
Symmetrical triangle been forming rather.
Now a bullish bar confirmed breakout above known resistance around $49 - $50
It is not affected by BTC but forging its own destiny.
I took entry at $50.852
MACD looking good an 4H
XVS remains bullish IMO, long term hold this one.
Like and share your thoughts
xvsusdt 1d Analyssisits have the cpacity to touch 500$ , its event is coming on 15 April be raedy for profit
XVSUSDT - EW analysis - 5th wave up XVSUSDT - It is in 3rd of 5th of 5th wave in 4 hr time frame. Expecting more upside and breakout for new high soon. The invalidaiton level is now 67.68 for current set up.
Give a thumbs up if you really like the Elliott wave analysis.
XVS.......POP or Move Sidways ?OK.....here is my take on XVS. 1.) It has run sideways for a good 40+ days. I think of that as building up steam. 2.) It's has a good run up from YTD. 3. ) It could possibly now move eastwards to assume the cup and handle formation or 3) It may finally have enough steam to burst through the resistance. My thought for the moment is that this pig may not have the strength to pop to the height proportional to the 40+ days span from Feb to April. I think investors may consider this a "weak asset " right now , in comparison to other ALT assets who are moving upwards at a stronger pace.
Conclusion is that this asset will rise in price in time, but will take it's time doing so. The Venus v2 proposal which includes $VAI Liquidations, $VAI mint fees, and other major $XVS upgrades will be deployed on-chain April 15th, but is not really generating any great interest from it's community or the public at large. After watching it for a while it seems to peak out at 88.
In short, this asset is not really turning my crank. There is chatter about this asset moving up to $100.00 but that is only a 20% move, and you can do that in 1 morning elsewhere. Keep an eye on it on a regular basis and if it starts to act like its going to pop ( must like an orgasm really) call me and I will have a look.
Have a great week.
wmw
toronto, canada
