XVS USDT Spot trade 300% potentialXVS/USDT shows potential for a 300% gain in the spot market if it can break through key resistance levels on higher timeframes, backed by bullish volume and market sentiment. Positive developments in the Venus Protocol ecosystem or broader DeFi adoption could act as catalysts for such significant upside movement.
XVSUSDT trade ideas
TradeCityPro | XVS & Bitcoin : Key Levels and Insights👋Welcome to TradeCityPro!
In this analysis, I want to review XVS for you. This token is the native token of the Venus project, which operates on the BSC network and specializes in the DeFi sector. It boasts the highest TVL on this network. This platform allows users to collateralize their assets and borrow funds proportionate to their collateral. Currently, the platform's TVL stands at $1.8 billion, and XVS ranks 361 on CoinMarketCap.
👑 Before analyzing XVS, it's better to take a look at Bitcoin to better understand the market conditions. The Bitcoin analysis is done on the 4-hour timeframe.
⏳ 4-Hour Timeframe: Correction Phase in Bitcoin
On the 4-hour timeframe, after breaking the $72,771 resistance (the previous ATH), we witnessed a very sharp, high-momentum move up to $99,022. Currently, Bitcoin has entered a correction phase. The first significant support in this timeframe is $92,004, which overlaps with the 0.236 Fibonacci level. The price has already reached this level. At the same time, the SMA99 has also aligned with the candles in this area, turning this level into a very strong PRZ.
✨ The RSI oscillator has triggered divergence, exiting the lower Bollinger Band several times, which has eliminated the bullish momentum. However, the most important thing in a bullish market is that when the RSI approaches the 30 level, it often represents a good buying opportunity. Using the Bollinger Band indicator, we can better determine trend reversals and RSI triggers. However, all of these require price confirmation, which can be achieved through Dow Theory rules or short-term resistance breakouts.
📊 On the other hand, the volume of corrective candles is increasing, which is not a good sign for the correction's end and makes the bearish scenario more likely.
🔑 If the $92,004 support breaks, the next key support is $86,841, which aligns with the 0.382 Fibonacci level and is likely to serve as a major support during this correction. For now, I won't discuss other supports; if $86,841 is broken, I'll determine the rest later.
✅ XVS Analysis: Weekly and Daily Timeframes
📅 Weekly Timeframe: Long-Term Box
On this timeframe, the price previously formed a long-term box between $3.17 and $9.19. After breaking this range, a new box was formed between $5.29 and $17.43, where the price currently trades in the lower half of the box and is struggling with resistance at $9.19.
🔼 The previous weekly candle was very strong and powerful but couldn't break the $9.19 level. The current candle is also rejecting from this level. For spot buying, breaking this resistance or $17.43 is suitable. The potential targets are $40.22 and $140.26, with $140.26 being the ATH for this coin.
📉 In case of a drop, the first support is at $5.29, and on the RSI, there is a significant support level at 39.32, which can prevent a price decline. If this support is broken, the next level is $3.17, the all-time low for this coin.
📅 Daily Timeframe: Strong Resistance Zone
On the daily timeframe, the $9.19 resistance can be drawn as a range between $8.18 and $8.91, which is very important. Currently, the price is rejecting from $8.91 and has dropped to $8.18.
🔍 The main and significant support on this chart is the ascending trendline, which previously experienced a false breakout. If the price stabilizes below $8.18, the next corrective target will be reaching this trendline.
💣 If the trendline breaks, the next support is $5.98, which is a strong resistance since the market previously reversed from this level after a false trendline breakout and reached the $8.91 high.
🧩 If the RSI stabilizes above 66.27, the price can start pumping because it has already hit this level twice and been rejected. If the RSI breaks below 50, bearish momentum will enter the market, and the bearish scenario will strengthen.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Trade Signal Alert: XVSUSDT PairDirection: Sell
Enter Price: 7.6
Take Profit: 7.38666667
Stop Loss: 7.80666667
We are issuing a SELL signal for the XVSUSDT currency pair based on the EASY Quantum Ai trading strategy.
Rationale Behind the Prediction:
1. Technical Indicators: Our analysis indicates bearish trends in key technical indicators such as the Relative Strength Index (RSI) and Moving Averages (MA). The RSI is signaling overbought conditions, suggesting a potential price correction.
2. Market Sentiment: There's prevailing market sentiment leaning towards a bearish outlook for XVSUSDT. Recent news events affecting the broader crypto market are likely to exert downward pressure on the pair.
3. Trend Analysis: Historical price patterns for XVSUSDT show that similar setups have resulted in downward movements. The pair is currently testing a resistance level, which historically tends to trigger declines.
4. Volume Analysis: A decrease in buying volume has been observed, indicating weakening bullish momentum and supporting the case for a price drop.
This recommendation is generated using advanced algorithms and machine learning techniques within the EASY Quantum Ai framework. As always, ensure you manage your risks effectively.
Venus Keeps Growing (Long-Term Growth Potential Revealed 28-45X)Venus has been growing, long-term, since October 2020, when it started trading on Binance. Always, the dynamic has been one of higher lows. We have short-term higher lows, mid-term higher lows and long-term higher lows.
Within the accumulation phase, we have a perfect long-term double-bottom. In May 2022 Venus (XVSUSDT) bottomed at 3.01. In June 2023, Venus (XVSUSDT) bottomed at the exact same level, 3.01. The bottom is in. The second low launched the 2023 recovery wave and the start of the uptrend. The first part of 2024 was mostly a correction and now, after a mid-term higher low we are seeing the resumption of the bullish move.
Venus just broke a small local resistance and is ready to grow. We do not focus on the short-term though but the long-term and potential is quite big for this pair. The long-term growth dynamic is pretty obvious and thus we can expect a new All-Time High in 2025. We are looking at 2,800% to 4,500% in 8-12 months. Can happen a bit sooner but most likely within this time range.
Additional details can be found on the chart. There is also a trade-idea for the Bitcoin pair (XVSBTC). Find it in the 'Related publications' below this post.
Namaste.
XVS buying opportunity XVS is currently trending within an upward channel, reflecting a consistent bullish pattern. The price has now reached the lower boundary of this channel, presenting a compelling buying opportunity. Historically, these lower boundary touches have often led to significant upward moves, making this an opportune moment to consider entering a position.
XVS ANALYSIS (12H)From where we put the red arrow on the chart, it looks like the XVS correction has started.
XVS is approaching a flip range
We are looking for sell/short positions in the red range.
We have specified short-term targets on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XVSXVSUSDT Technical analysis update
XVS price break out from trend line, and a breakout has been confirmed. We can expect a strong bullish move from the current level.
Buy zone : Below $6.85
Stop loss : $5.50
Target Level: $11.70
Venus has potential for 70% upside.
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XVSUSDT - 1DMy long term view for this currency, waiting for this type of market movements is not out of mind, please have capital management because digital currencies are very volatile, buy in steps to hold, your average dollar purchase with steps Entering the market is highly optimized. And the risk-to-reward ratio gives you a good chance to survive in the market and be successful.
XVS sell/short setupThe structure of large time frames is bearish. So we are looking for sell/short positions in the main supply ranges.
We are looking for sell/short positions on the supply range.
We specified the targets on the chart.
Closing a daily candle above the invalidation level will violate the analysis
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
XVS/USDT I BUY SETUP✔︎📈 BINANCE:XVSUSDT SIGNAL
✔︎ENTRY : 16.16
🏓TARGETS :
✔︎T1 : 17.66
✔︎T2 : 19.76
✘STOP : 15.32
🚦Stop Trigger:
• If you make capital management: Stop is activated when one candle opening and closing
below the stop level of the same time frame of the signal.
• If you don't make capital management: Stop is direct without waiting for the candle to close.
💡Risk management :
• Enter the trade with 10% to 20% of your capital to reduce risk and save cash to enter other opportunities.
• Sell (25% to 50%) on (T1) and don't move your stop-loss.
• Sell 50% on (T2) and move your stop loss to the entry point.
• You are safe now, and the next 25% is up to you.
💡Reason for this trade:
This trade gives my trading system a sign of strength:
• My trading system is based on liquidity and reversal zones.
• When the liquidity is swept from one side under certain conditions, we will wait for the price on the other side.
The liquidity will attract the price like a magnet.
• the first side that has been swept:
1- failure swing point
2- reclaim volume profile after failure swing point
• Opposite side targets:
1- previous monthly high
2- monthly open
3- liquidity void
💡Entry setup
1- successful auction (AMT)
reclaim volume profile VAH
⚠️WARNING:
• I'm not a financial advisor.
• Do your own research (DYOR).
Long Trade Position XVSUSDTYou are allowed to start a trade when at least one candle closes above the entry point within fifteen minutes. Raise your analytical skills with the targets that I will give you and test your patience and strategy to reach price targets in the demo panel with virtual money. These exercises make you experience profit and loss with targets and stops, virtually in the real market and improve your analysis and personal strategy. Know your fear and greed and gradually control them so that your business is profitable and less harmful. I wish you happiness and wealth
XVS UPDATE (1D)It seems to have risen with a bullish diametric and now we are at the end of wave G which is the last wave of this diametric.
After the end of the G wave, we expect a pullback towards the support areas
On the green range, you can look for a buy/long position.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
📈XVS Breaks Resistance: Eyes on $41.13 Target?🚀💎🔍XVS reacts positively at resistance of $12.86, signaling potential for further upside.
🔥The next target for XVS stands at $41.13, backed by support from Binance and promising project potential.
🚀For current holders, consider holding rather than taking profits, as XVS shows potential for greater gains amid bullish trends.
📊Increased volume post-resistance breakout suggests renewed interest from investors, potentially driving further price appreciation.
💥RSI nearing resistance at 80.34 warrants attention for potential overbought conditions and subsequent market reaction.
❌Consider Bitcoin's ATH and potential for correction, as XVS's technical analysis may be influenced by Bitcoin's movements.
🚨Exercise caution: Should XVS/BTC initiate a downturn alongside Bitcoin correction, consider exiting positions or implementing stop-loss orders for new entries.
🧠💼Just remember, jumping into trades too quickly before the main trigger can be risky. Always manage your money wisely and be aware of the risks involved.
XVS Cryptocurrency Analysis: Uptrend Continuation or Correction This analysis examines the current state of the XVS cryptocurrency and assesses its potential future direction.
Technical Analysis:
Battling Weekly Resistance: XVS is facing a significant hurdle at the weekly resistance level, which could determine the course of its future trend.
Escaping the Accumulation Box: The recent breakout from the daily accumulation box marked a notable 80% surge.
Insufficient Rest Calls for Correction: The current uptrend lacks sufficient retracement, which is typically necessary for sustained upward momentum.
Key Support and Resistance Levels:
Support: The blue trendline support acts as a critical barrier, with a breach potentially leading to a retracement towards the previous weekly resistance.
Resistance: The next weekly resistance level presents a significant obstacle for further upward movement.
RSI Indicator:
Overbought Territory: The RSI indicator is approaching the overbought zone, suggesting a potential correction.
Momentum Confirmation: A break above the overbought threshold could signal strong upward momentum.
Lower Timeframe Analysis:
4-Hour Timeframe: A more detailed analysis on the 4-hour timeframe provides a clearer picture of the current price action and potential support and resistance levels.
Conclusion:
The XVS cryptocurrency is at a critical juncture, with the outcome of the battle at the weekly resistance level determining its future direction. A correction is likely before further upward movement can occur. but considering decreasing the volume the out come might be different.
This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before trading.