Venus (XVS)XVS (Venus) Coin is one of the prominent projects in the field of decentralized finance (DeFi) that has significant growth potential due to its low market cap. This analysis highlights the following points:
📊 Comprehensive Analysis of XVS
🔍 Overview of the Analysis:
Formation of PRZ (Potential Reversal Zone):
A key area consisting of the weekly resistance and ascending channel ceiling, which could determine the continuation of the price trend. Breaking this zone is crucial for further upward movement.
🕰 Technical Analysis:
Current Status (Short-term):
In the daily timeframe, the price is currently testing the daily resistance (yellow zone). It is highly likely that this resistance will break, leading the price to the PRZ area.
Significance of PRZ:
The PRZ, formed by the weekly resistance and ascending channel ceiling, acts as a critical decision point. Breaking this zone could trigger a powerful and sharp upward movement.
🎯 Price Targets:
First Target: The green resistance area, aligned with the 1.618 Fibonacci level.
Second Target: The all-time high, coinciding with the 2.618 Fibonacci level.
📌 Key Takeaways:
Breaking the daily resistance (yellow area) in the short term is likely to guide the price toward the PRZ.
Breaking the PRZ (weekly resistance and the ascending channel ceiling) is essential for sustaining the upward trend.
Venus
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! ❤️
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 ANALYSISXVS has started a strong movement from the bottom where I entered START. We have had bullish CH and BOS on the chart.
A 3D movement can be specified on the chart. There is a high probability that the price will reach the red box and hit the yellow line
I specified the Rebuy Zone, only when you reach this area, you can look for buy/long positions.
The closing of 1 daily candle below the Rebuy Zone is the stop of this rebuy.
If the price does not reach the RebuZone, we should look for sell/short positions in the red range after getting confirmation.
Closing 1 daily candle above the red range is the sell/short stop position.
Venus (XVS) completed setup for the next pumpHi dear friends, hope you are well and welcome to the new trade setup of Venus (XVS) with US Dollar pair.
In the previous trade setup the priceline slightly moved down than buying zone, however, recovered soon and pumped almost 100%.
Now on 1-hr time frame, XVS has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Venus (XVS) forming bullish Gartley for upto 96% rallyHi dear friends, hope you are well and welcome to the new trade setup of Venus (XVS)
Our last successful trade of XVS was as below:
Now on a daily time frame, XVS is about to complete a bullish Gartley move for next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
✳️ Venus Highest Buy Volume Today In Years... Trading BasicsToday Venus (XVSBTC) produced a massive 75% bullish breakout but there is another interesting signal.
Today's buy volume is the highest since January 2021, more than two years ago.
The way things are going, the day might end up being the highest daily volume since December 2020... This tells us everything we need to know.
The low is in, a long-term higher low and with a high volume breakout we can expect a higher high next; additional growth.
We do not enter here, ever...
We only recommend entering BEFORE the action start, near support.
Once prices we go up we sell rather than buy.
✔️ Sell when prices go up.
✔️ Buy when prices go down.
Namaste.
XVS ; VENUS - ive got my greedy beady eye on you ; pump it CZXVS ; ive got my greedy beady eye on you ; pump it CZ
been sitting on this chart for a bit.
play on CZ. play on BNB DEFI. better ROI than BNB short term i think.
IF the feds dont try and dismantle the Binance empire. thats the risk. and imo its a pretty decent risk at this point. prob hard to do but not impossible. the US financial goons run everything. hopefully cz isnt full of shite and they are indeed fine..
warming up to buy a small spot sack of this one.
so fundamentally there was a big hack and the guy moved his fake minted BNB to this platform and swapped it for stables.. which have basically been blacklisted and isolated from what i read.
IF it is indeed contained properly that might make this a good 'over crushed asset' play.
reboundoooooor
Venus (XVS) formed bullish Gartley for upto 11% pumpHi dear friends, hope you are well and welcome to the new trade setup of Venus (XVS) with Bitcoin pair.
In the previous trade setup, for a while the priceline moved below the potential reversal zone, however, recovered soon and pumped well.
Now on a 4-hr time frame, XVS has formed a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Venus (XVS) formed bullish Gartley for upto 70% moveHi dear friends, hope you are well and welcome to the new trade setup of Venus (XVS)
Previously I shared a long-term trade plan for XVS which is still in play:
Now on a 4-hr time frame, XVS has formed a bullish Gartley pattern. There is also a hidden bullish divergence as priceline is forming a higher low but RSI is setting a lower low.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Venus (XVS) formed bullish Butterfly for upto 990% massive pumpHi dear friends, hope you are well and welcome to the new trade setup of Venus (XVS)
On a weekly time frame chart, XVS has formed a big bullish Butterfly pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Venus could rally 300% +After the recent volatility I expect more upside, also considering the current rallies of Aave and COMP.
Venus is in that same category of banks (but on the binance smart chain) and sure, it is arguably a much riskier asset. This also means that a rally can look quite ridiculous though. As the price stands, it is still down more than 90% from the ATH of $158
I am taking an entry here planning to sell just under $50 for 300% gains.
This is a high risk high reward trade, so investing only a small % of the portfolio is more sound.
Set your own SL
Good luck
BINANCE:XVSUSDT
Venus | Long-Term Higher Low Will Lead To Long-Term Higher HighWe have a long-term higher low here as well, XVSBTC (Venus).
This higher low can lead to a higher high.
This is what I was referring to last year when I said that the Altcoins vs Bitcoin pairs would grow for years to come.
You can have long corrections...
Even longer periods of consolidation but they would end in a higher low.
As long as we have higher highs and higher lows, we are in a bullish cycle...
This one will grow massively.
Thanks for reading.
Thanks for the continued support.
Namaste.
$XVS/BTC 4h (#BinanceSpot) Falling wedge breakout and retestVenus is pulling back to 50/200MA support and looks good for another leg-up after, short-term.
Current Price= 0.0002292
Buy Entry= 0.0002301 - 0.0002203
Take Profit= 0.0002617 | 0.0002773 | 0.0003008
Stop Loss= 0.0001991
Risk/Reward= 1:1.4 | 1:2 | 1:2.9
Expected Profit= +13.81% | +23.13% | +33.57%
Possible Loss= -11.59%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 weeks
Tags: #XVS #XVSBTC #Yield #Farming #Lending #DeFi #BSC #BC #Launchpool
Website: venus.io
Contracts:
#BEP20 0xcf6bb5389c92bdda8a3747ddb454cb7a64626c63
#BEP2 XVS-795
Venus High Volume Breakout (234% Potential Profits)We have a strong breakout on the XVSUSDT (Venus) trading pair... There is room for more.
We can see very strong growth in the past few days for Venus as prices trade above EMA50.
The high volume gives it away.
We have the highest daily trading volume since late July 2021.
This is what tells us that the correction is over, the low/bottom is in, now comes the change of trend.
I am mapping 234% potential for profits on this chart.
Namaste.
(XVS)VENUS 61.8 RETRACE☑️ WHAT NEXT?In our last Venus analysis, we talked about how price could drop all the way down to the 61.8% fib support level as shown below
Now that we have reached that level, the question is what happens next?
In addition to the Uptrend channel we constructed last time, price managed to sneak in a downtrend channel as well which went unnoticed in our previous analysis.
A safe entry would be to wait for price to break the downtrend channel back into the uptrend channel and make a retest before buying, or to wait for a 2nd test of support of the downtrend channel ifyou havent gotten in already.
We also added an update to our original analysis citing that we could bottom at the 123.6 fib region with the 161.8 being the worst case scenario as shown below
Have your stops below the 161.8 region and HODL
First target- Previous ATH
2nd Target- 1.382 fib resistance
3rd Target- .1.618 fib resistance
If you agree pls leave a like and share your thoughts in the comments as well
Always manage your risks.
Venus And Mars 45 Degree CouplingUsing the Amazon chart, we notice that Venus and Mars couple seems to hug the tops of market structure or the base of an anticipated market move when they are at a 45 degree Heliocentric aspect from one another.
I have used planetary aspects indicator by @NasserHumood . His tools are phenomenal when it comes to analyzing very customized and specific degrees and aspects.
🆓Venus (XVS) Jan-25 #XVS $XVS
The selling has weakened a lot and is very close to the bottom of the market or may have already finished creating the bottom.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 6$ zone
🔴Buy : 7 - 6
🔴Sell : 9 - 11 - 13
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 6$ zone
🔵Sell : 6
🔵Buy : 5
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section