XVSUSDT trade ideas
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...
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
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
—————
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
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
🆓Venus/USDT Analysis (9/3) #XVS $XVSXVS is recovering quite strong, but buying here is not a good idea because it still has a possibility to move down to around 40$ again.
And when it conquers the 50$ successfully, it will move up to 60$ and 80$ zone in this March.
The 80$ zone is very strong and there will be a selling force here so we will need to pay attention to this zone
📈BUY
-Buy: 39-41$. SL if B
-Buy: 48.5-51.5$ if A. SL if B
📉SELL
-Sell: 58.5-61.5$. SL if A
-Sell: 78-82$. SL if A
♻️BACK-UP
-Sell: 39-41$ if B. SL if A
-Buy: 29-31$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Keep an eye on this. Hi !
XVS is almost 65% come down from it's previous all time high and seems like 37.5 usd is a good support. It is tested 3 times and if price stay at this level then it would be a good sign of reversal.
XVS is testing 55 EMA on 1D time frame.
XVS is breaking downtrend line as well on 1D time frame.
I am not a financial advisor. Just would like to inform you guys to keep this on your radar.
Hilsen
Btschamp2020
xvs venus about to moon again long nowwatch XVS venus or enter now its sitting on daily fibonacci level plus daily 50 EMA plus nice support chart speaks itself of course its not guaranteed even bank doesnt guarantee nothing because fake dollars can be printed as much as they want :D
that beeing said odds are in favour for nice profit. We can easy reach previous ATH which is around 100USD lets take profit before 100USD dont put TP exactly at 100 everyone else does it. SL could be below 25 its EMA plus fibonacci level or below 35 TP targets fibonacci levels. XVS venus is fundamentally good coin my friend was telling me about it . DYOR
If something happens and BTC jump 5K in few hours and venus is still there then its even better opportunity.
this setup looks really solid one of the most solid from my last ideas. Fundamentals plus technicals lookss really good. just a disclaimer maybe I have missed something some fresh news etc but if nothing major bad has happened for bitcoin or venus then it should shoot up
LONG XVS / USDTTotal Value Locked on Venus
$3,158,543,437.45
Market Cap (XVS)
$332,510,491
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.
XVS/USDT - The price is pressing the support levelHello everyone, analyzed the XVS/USDT pair
The trading chart shows the zones from which you can work in #long
I expect a "false" breakout of this level and already from such marks as 31-33 one can take orders to buy.
You can also trade on the breakout of this channel. It all depends on how the price behaves.
"This is just my opinion, trade with your trading system."
"Have a nice day everyone and come."
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