XVSUSDT trade ideas
XVS venus coin long term targets I tried to explain everything on the daily chart! I have been waiting for a good entry point for venus coin and my buy order set to kick in today! Btc definitely not playing well and must be carefully watched(currently around 46k-47k range)! There is actually no immediate danger of Btc crashing but nobody can be sure for fact. However some people using BTC to manipulate market heavily. Past few years alt coins doom to follow BTC's moving patterns due to every coin having paired to btc like (xvs/btc ,eth/btc etc.).
Currently ema 50 line stands on $38 dollars on daily chart and Venus does not seem to want to go below! However we need to go above $50 asap so we could be above Ema 20 line and safely move towards three mid to long term targets. Lines are drawn for possible target prediction pattern however timeline could be a lot different!
****Trade is not valid if the price action goes below $35 and Btc crashes again! **** If there is interest to open a position , it is still risky trade and must be proceed with caution!
** This is not an investment idea. Only trying to pass my vast trading experience on cryptos to newcomers and less experienced traders. My predictions based on calculated reward Risk ratios. I can not be right all the time. So far I have very high percentage of success of predicting. Once you click buy button you are doing it with your own will. Nobody can force you to buy and sell but yourself. Please comment below and click like button to support my efforts.
XVS - Falling Wedge, Potential consolidation and double bottomXVS (Venus), is basically seen as the COMP of Binance Smart Chain. This is important because of how high Ethereums fees are lately.
You have seen me do charts on CAKE, BAKE, etc within the last month. BSC is a big economy, and I think it is a trend for this spring.
From a Technical Analysis, Venus has a 61.8% retrace and should find common ground to launch off soon. If we have a double bounce we should see strong volume pushing up. This spot has been a place of previous resistance, now turned support, so it is extra effective.
XVSUSDT Bullish OB| Local S/R| Price Action|.50 Fibonacci Evening Traders,
Today’s analysis – XVSUSDT- trading at a key location where an impulse is highly probable,
Points to consider,
- Price action impulsive
- Local S/R support
- Swing High objective
- Bullish OB
- .50 Fibonacci
XVSUSDT’s immediate price action is impulsive, trading above its Local S/R Support after bouncing from its Bullish OB, allows for a bullish bias.
The .50 Fibonacci is current resistance; exceeding this level will increase the probability of testing the current swing high.
Both oscillators are working towards there expected bullish control zones, remaining in these regions will be indicative of strength.
Overall, in my opinion- XVSUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you‘re wrong.” -George Soros
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.
XVSUSDT is trying to hold the support 🦐If the price will hold that support and creates a double bottom, we can look for a long position after the breakout. According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
XVSUSDT Potential BreakoutIt is evident that the white and blue channels are valid, as the price has respected their lines. The mid-channel line of the white channle provided support, as the top of the blue channel provided resistance. This has hence formed a descending wedge which I believe will result in a bullish breakout. If the price reaches the local high within the white channel, the green arrow shows the potential price movement (up to the arrowhead of course). The RSI is also rather low.
#XVS/USDT - Potential 97.25%#NEWS - AIRDROP
#LONG
#XVS/USDT - Potential 97.25%
Entry 1 (50%) - 81.819
Entry 2 (50%) - 65.128
TP1 (25%- FOMO) - 91.838
TP2 (50% - MAIN) - 112.400
TP4 (25% - STRETCH) - 161.386
SL - 53.469
- BTC - BTC PRICE Stable, BTC DOM Decrease = ALTS Increase
- STRATEGY - RAISE STOP-LOSS TO BREAKEVEN AT TP2
- NEWS - Airdrop upcoming no date confirmed on roadmap / Could be a longer hold
- RR - 2.81
- Trailing Buy - 3%
- Trailing Profit - 5%
- Trailing Stop-Loss - no
Please note: Idea reposted due to links accidently left on original idea
Venus (XVS) DeFi Play on Binance Smart Chain (BSC)Hi Folks,
after a longer period of focusing on my trading I am back with some ideas (see also the similar post on CAKE - PancakeSwap linked below).
Not sure you are familiar with the Binance Smart Chain (BSC). Basically it is like the Ethereum network, but with appropriately low transaction fees.
Venus is a Binance Smart Chain-based DEX (decentralized exchange). I wasn't really aware of it until the recent Binance Coin (BNB) and XVS price surges. .
I have produced these four views on Venus for you to use / copy if you'd like.
Top left is the USD chart. XVS has lost 30% of its value and if you believe in it being currently the better (way less expensive) exchange solution compared to UNI, MAKER, SUSHI & COMP then this just may be a good time to start or extend your position.
Bottom left is the EUR chart.
Top right is the Venus vs. Uniswap (UNI) ratio. This ratio shows that Venus has been losing value against UNI, but it appears a support level may be forming for it to attack UNI again. At the time of writing this a level that seemed to be stable was crossed. To be watched.
Bottom right the same style ratio with SushiSwap (SUSHI), same view as on UNI. Looks like a support level is forming.
Venus is number 5 in the dappradar rankings in terms of total balance and has had a steady but bumpy growth in terms of volume, users and transactions over the last 30 days.
With Bitcoin likely taking a breather today and tomorrow below $60k and only maybe sneaking up to $60k next week there seems to be a likelihood that the overall market will be drawn down as well.
It may also be the time for altcoins to shine and may give Venus (XVS) an opportunity to catch up with UNI and have a fantastic gain.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
XVS- 30 Million Supply- Watching for further break.Looks promising for more gains.
Disappointing to have missed the start of this pump so currently watching for indication of move higher, or potentially lower to better entry price.
One to to watch.
As always, not financial advice just some quick TA here.
Bingaz