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Venususd

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
Long
by moon333
3
VENUS IS 2ND CLOSEST PLANET TO THE MOON🌙📈😋Hello Traders😃 Today we will consider the trading pair XVS/USDT and tweak just a few things in our analysis. Alright lets start! In our previous analysis (linked below) on XVS, we talked about how Venus could reach a price target of $500 & higher. In this analysis, we will add a few updates to that idea. After readjusting the lower trendline and a few other adjustments, this is what I came up with for the coin 38 million kilometers away from the moon (good things take time no😜). After gathering more knowledge about Wave trading, i decided to re-do this analysis. Currently XVS is resting just above the 0.5 fibonacci retracement level after a +12000% growth in its price from its listing date. Should this be the bottom, we will consider this a First Extension Wave (Rule states that if wave 2 falls into 0.5 fib territory, then wave 1 cannot be the longest). Should the above paragraph be the case for Venus, we then take the 61.8 measurement of wave 1 and target just below the 1.618 fib resistance for wave 3 as shown in the chart above. However, if we do get a deeper retracement into the 61.8 fibonacci support, we no longer can say wave 1 will be the longest. Should that be the case, we could have a wave 3 extension instead, meaning price growth will be larger and longer than wave 1 (in this case, could be wave 5 extension too, but if wave 1 touches 0.5 fib, wave 3 cannot be the shortest of the 5 according to the rules). If the first scenario plays out, Wave 3 target will be at about $400(middle of the park) and afterwards get a retracement wave 4 to current ath's and up all the way to $750 for wave 5. Should the 2nd scenario play out, We would see a retracement from here back to the 61.8 fib support and with a larger global target of at least $1000, making it longer than wave 1 as stated earlier if certain conditions are met. If you found this helpful or agree with this idea, a like, comment and share would be appreciated. Trade safe.🙏⚡
Long
by RektMyMom
13
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) _____________________ 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 :)
by P_S_trade
47
💡Don't miss the great buy opportunity in XVSUSD". There is a possibility of temporary retracement to suggested support line (44.730). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . XVSUSD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 70. Take Profits: TP1= @ 56.750 TP2= @ 72.800 TP3= @ 83.150 TP4= @ 94.700 TP5= 103.090 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
16