Venus
XVS : waiting for vault runI have been waiting for months to xvs explode. There is a huge event list and new XVS vault. Also, burning is coming. 24th November is Venus's 1 year anniversary! His support will increase in these week. And also there is huge accumulation. Volume is low, it can blow up in a minute. Lets see what happens. There will be a huge AMA this week. The name might be Justin Sun. It is a just guess. This week he posted on Twitter that TRX will be on Venus protocol.
🪐XVS- resistance ahead, MFI bullish divergence at supportOn October 27th key level was lost. On November 9th buyers pushed the price above key level again, but didn't manage to hold this area. The price then found support at dynamic support (purple). There's a lot resistance ahead: key level (26.93), 200EMA, dynamic resistance (yellow dashed) and local resistance (31.98). However, the price is soon gonna get squeezed between two dynamic levels, and will be forced to make a move one way, so we can expect a potential breakout attempt. MFI shows bullish divergence (1D)
Possible entries from current price down to 22.62
Targets:
26.93
31.98
35.84
43.32
48.47
57.17
65.83
95.17
137.45
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About XVS:
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.
Source: coinmarketcap
🆓Venus (XVS) Oct-9 #XVS $XVSXVS is heading to 34$ and 42$ zones this October. But if it loses this 27$ zone, we will consider buying it back at 23$ zone
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 27$ zone
🔴Buy : 27
🔴Sell : 34 - 42
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 27$ zone
🔵Sell : 27
🔵Buy : 23
❓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
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
XVS/BTCI have no idea where this coin is going to stop, but this has made crazy gains. Can it keep going up? broke out of this channel, could be another 100% day for this coin. Who knows. Publishing to keep track.
BSC is all the buzz on Cryptotwitter and BNB coin (along with other exchange coins) is doing amazingly well.
This is pulling an AAVE.
Venus (XVS) vs Tether (USDT) | Trading Tips & More!Ok... The last one is Venus (XVSUSDT).
Notice I always draw a green arrow here on the chart.
This arrow represents the potential bullish scenario but there is a catch.
This is not to say that XVSUSDT will move right away up, but this can happen.
This means that above the current price levels the potential remains up but I am never predicting time.
Meaning, we can see this same pair consolidate sideways for weeks before moving up.
It remains above the EMAs (EMA10/50/100, etc) and then jump.
If at any time prices go below support (light blue square on the chart) prices can drop...
The catch is that it can go sideways for months before the breakout shows up.
Now, the potential is leading towards the bulls (green).
This is what I try to show with these charts.
Venus is bullish above "support".
As long as it remains above these level, at any time, it can break up.
I can also work on predicting the time but this is harder, the throw of a dice, too many variables... Nope.
We keep it simple.
We trade we patience.
WE BUY AND WE HOLD.
If we go below support we close at a loss.
If we break up, we enjoy, collect the profits and rejoice.
Always being extremely grateful.
Thanks a lot for your support.
Namaste.
XVS breakout!The price has broke out of the formation and is now testing the most important level (35.5)
I believe it's a strong entry because:
1) This level proved to act as strong support/resistance in the past
2) It goes along with the upper trendline of the formation
3) The price is above 200EMA on daily chart
5) MFI 1h shows big divergence
4) Price can spike very quick from here as there's not much volume above
If btc doesn't go mad, this should be a very good trade.
Entry: 35.50 - 34.50 (or as long as it holds upper trendline)
SL: 32.40 (bottom of ATR(14), below 200ema 4h and below previous daily candle)
TP1: 41.60
TP2: 47.11
TP3: 58.16
TP4: 91.10
TP5: 125.3
TP6: 143.60
TP7: OPEN++
Venus XVS - Massive parallel chanel +1000% gains in this cycle!- Venus XVS - Rank #151 - Token.
- On the chart we can spot a huge ascending channel on a macro scale.
- The price is currently consolidating in the bullish pennant.
- There is a huge potential of 1000% in this cycle.
- The price recently broke out of the falling wedge.
- The price is also above 20 daily moving average!
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Venus XVS Caution! Roller coaster is not for the faint of heart!Venus (XVS) is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).
The combination of Defi project + binding to Binance gave a good result, the price of XVSUSDT increased from $2 to almost $150
But the real roller coaster for traders happened on May 18-19, then the price for 2 hours increased from $80 to $140 . (Against the background of purchases to get a new VRT reward token) and already during May 19, the price of XVSUSD fell from $140 to $32. Only spot traders could survive such a ride, while the deposits of marginals were confidently multiplied by 0.
Tonight, against the background of the BTC shot up, the price of XVS also showed an increase, although much better +50%
Such volatility is very dangerous to trade on a margin account, only on a spot.
By the way, the white route from our idea BTCUSDT worked pretty well
The weekly candle has worked out almost all its growth potential in a day
Let's define the key levels:
To continue the upward rally, the XVSUSDT price needs to be corrected, at least up to $20
The first target for growth is $35, if it is easily overcome, then hello $59-60.
Correction: here we will have to look at how powerful the growth will be and what the overall situation will be in the crypto market.
However, based on the current data, we believe that in the future it will be possible to place buckets for purchases on the spot in the liquidity zone of $10-11 . What if we get lucky and pour it, who knows what they have prepared for us in the future)
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
Venus in a very hard wayVenus has been trying to climb in the past few days, but market confusion has prevented prices from rising and caused the market to suffer in the last 3-4 days.Now in the chart above we have seen the emergence of a symmetrical triangle pattern The symmetrical triangle pattern is generally a continuous pattern But if a green candlestick closes above the top of the triangle, we can see the price rise as much as the base of the triangle.In the uptrend, the price has a lot of resistance, which is indicated in the chart above by blue lines But in the downtrend it is observed that there is only one important support that cows should be very careful about.Currently, the possibility of a descent scenario is greater than the ascent.
This is just a technical analysis.
This is not a financial recommendation.
moving into Mercury and Venus + gap fill + important datesThis chart shows Mercury and Venus planetary lines and how price reacted to both of their harmonics so far ( opposition 180 degrees )
It also shows the Mercury box set at opening price.
A touch at the 1.618 down, a move up into the gap is to be expected keeping all geometry and dynamic Gann planetary lines in mind.
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.
XVS / USDT Venus early breakout in baseXVS Venus early breakout while it is building a base. 10-13% Stop Loss.
1st Profit target: 35% to major resistance at previous ATH. I plan to see how the market is and will probably hold 50% of my position to see if it breaks thru resistance after a rejection. Follow on profit targets if it breaks thru resistance: 50%
I expect Venus to hold above the trendline as circled.
Venus is a Binance Smart Chain project, and therefore should see some tailwind momentum following BNB's epic rise the past few days.