Hi 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...
Hi 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...
Hi 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.
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)....
VENUSD has been strictly following the 1W Channel Down (Highs/Lows = -0.7416, B/BP = -1.5740) and 1D is now near pricing that Lower High (RSI = 48.260, ADX = 25.075, MACD = -0.096). The maximum limitation is 1.68075, which is difficult to print. We remain short with TP = 7.5154.
Both TP = 1.000 and 0.8000 have been hit, as the 1D Channel Down (MACD = -0.375, Highs/Lows = -0.5027, BBP = -0.9440) extended its Lower Low limit to 0.675. With RSI though oversold at 20.800 along with another 4 indicators, a pull back is expected towards 1.0040 or even 1.6900. That would be an ideal pricing of the Lower High. Our short TP is 0.1972.
Flags are short-term continuation patterns that mark a small consolidation. Symmetrical triangle, which can be referred as a coil, usually forms during a trend as acontinuation pattern. The pattern contains at least two lower highs and two higher lows.
VENUSD is trading on a 1D Channel Down (RSI = 31.035, Highs/Lows = -0.5037, B/BP = -0.6960, MACD = -0.230) that will take some time to make a clear Lower High again. Based on 4H (Williams = -94.498) there are more chances to continue its descending trend on a slow pace. Our position on VeChain is short, TP = 1.000 and 0.8000 in extension.
completed 1 wave.... look for the 2 to be around the 50 to golden pocket
VEN broke out of a falling wedge pattern. Bullish movement expected the coming weeks.
With BITFINEX:BTCUSD and its' likes gaining ground, the Crypto Market presents several opportunities for Capital gains. At Bitbloxx, we believe that projects with strong Fundamentals coupled with Technical strength is all that is required to beat the Benchmark. Without any doubt, BINANCE:VENUSD has all the right ingredients at the right time. VeChain:...
HI All, It's All in the chart: BTCUSD. Just Entered into VENBTC. RSI shows oversold. When will the downtrend end, who knows, but this is a long position. This trade VENBTC could go much lower, because its Predicated on BTCUSD. Hence, stop loss is a must. Swing traders: Statistics and probability are on our side. Don't worry about being right all the time....
Extremely oversold hovering around support area RSI under 30 keep eye on that coin
I was rapidly scrolling a the whole market a couple of days ago and my attention was caught by the bearishness of VEN in a stagnating whole market (what in this market is very atypical). I did a very quick , to understand why and discovered that VEN is migrating on his own chain (not a so bad news). Since ATH VEN corrected relative less and is inside this big...
Taking a look at the daily chart for VEN, we can the price hitting a support line which may be a good area to reload. The RSI indicators are showing oversold and the MACD is approaching a horizontal support line. I don't like trying to catch a falling knife, but with BTC turning more bullish I feel the alts will start to turn around as well. If the price action...
We see an equalisation on the previous wave. Such a great project and we didn't really see a respectful response on the main net launch. I haven't used Gan fans as I normally would (well I've deleted those) and put in indicators that give clarity to the chart. This co-insides with the ATH fib retracement level and the bounce on the previous wave.