Longing for Sats #10 - XHV/BTCI'm a big fan of Monero, so naturally I aped into Haven when I heard about it. I know this totally looks like a "too late to the party" type of chart, but $XHV's marketcap is ranked #170 on CoinGecko at the time of posting. I couldn't even zoom out enough to see how high this could go.
Xhv
XHV with a vary good potential 10x, cup and handle pattern.XHV looks bullish for many reasons.
- In Elliot waves, it's in the 3d/5th wave.
- We have a cup and handle pattern.
- Breaking a measure resistance.
Haven Protocol $XHV - Cup and handle breakout imminent - LongHaven protocol looks like cup and handle. Ready to breakout vs BTC for new ATH
Bulls Are In Control of XHVHaven Protocol (XHV) is currently in an uptrend continuation pattern with a high chance of another leg up.
It has recently had a price surge, and is holding strong. On both the BTC and USD pairings, it has found support at the 0.382 and then increased to find support higher at the 0.236.
Also, it has found higher highs and higher lows in the process, which indicates to me a strong continuation pattern. Previous price increases in the BTC pair did not result in higher highs and higher lows, and ultimately failed. This is why I believe this time it has a good chance of being different.
BTC pair: It is still below a resistance line drawn peak-to-peak from historical highs. (zoom out to see the first high, it is not shown on this chart). This is currently its major resistance, but given recent bullish price action I believe it has a good chance to break through this resistance.
It is also continuing to find support at the 21EMA on the 12 hour chart, which indicates a continued uptrend.
USD pair: It has reached all time high USD values, and is not showing signs of slowing down. Many coins have also reached all time high USD values and are having more bearish arguments or decreasing in value. (not all coins, but most)
The sustained high price leads me to believe that the holders are not selling, and recent formations of higher highs and higher lows indicate that people are still buying. This would indicate a continued uptrend.
The candles that it has had on support at the 0.382 and 0.236 levels are bullish, with notable volume and indicating strong support.
One could try to breakout trade this, or wait for a breakout into retest if you are more cautious. However it appears to be sitting on a relatively strong support, so I feel comfortable buying here.
Things to look for to gauge strength of the trade as it plays out:
-Continued support at 0.236 level and making higher lows
-Price staying above 21EMA 12HR
-Successfully breaking through resistance on the BTC pair chart
Fundamentals:
This is a unique project with excellent fundamentals that I find very interesting. It utilizes a combination of technology from Monero and Chainlink to allow P2P swapping of real world assets, using oracle information from Chainlink, with the on-chain security and anonymity of Monero. Personally I will be looking to hold this medium to long term, and I believe this is about as good of an entry price as I can hope for right now.
It is also worth noting that the twitter account for this project was recently suspended in the last day or two for doing a giveaway (which is not really rational or justified). They are working to reinstate the account. What is interesting is that price did not react negatively at all, which is again a very good sign in my opinion.
Disclaimer: I am not a financial advisor and information written above is not investment advice. It for entertainment purposes only, trade at your own risk.
XHV/USDXHV is having problems to break ATH 4.90 dol. loook like the crypto will take a breath between 1.92 and 3 to test the next fibbo target 7.85
$XHV PurgatoryLearning how to properly post an idea and the descending channel is being respected & tested. Thanks 🙏🏻 Relax and enjoy the day!
$XHV Purgatory Hello All this is my first idea... Im not a pro this is just what I see take it or leave it!
After the long term cup/handle breakout (usd chart) weve entered into a descending channel on kucoin. I suspect BTC hitting ATH at roughly the same time stole some of our fire. Either way this asset imo is headed way higher once all the sellers are swallowed whole. I think we break out of this higher soon enough if you can sit on your hands. Try entering as we get to the lower side of the channel... no guarantee youll get filled with such an undervalued asset. My opinion of course. Thanks!
XHV passes the top resistance?At this point, it has passed 0.000193 so it doesn't seem to come down for some days.
Completed the Bearish Harmonic Pattern (GARTLEY)Have we? Today or tomorrow Hope to see a reversal to BULL.
Is XHV creating a double bottom?Hodler on Haven Protocol. Drawing some lines just for fun, it seems that XHV is forming a double bottom.
Keep an eye on it and see what will happen.
Not financial advise, just drawing some lines for fun and constant learning.
XHVBTC: The first private stablecoin/money printerHello, wonderful person!
@BTCTimeTraveler gave me the idea that I want to share with you. I am still neutral, but interested to see how this one plays out.
Cheers!
XHVUSD: The first private stablecoin/money printerHello, wonderful person!
@BTCTimeTraveler gave me the idea that I want to share with you.
I am still neutral, but interested to see how this one plays out.
Cheers!
Crazy Cup & Handle analysis 10 x Having Fun on TradingView ...
Sometimes crazy thoughts bring Big profits hehe ..
btw
The Mainnet is very close !!
Haven Protocol Rising Broadening Wedge | 118%+ TargetBitcoin is having really good bullish action and when Bitcoin goes bullish, the altcoins tend to stop...
Looking at the smaller capitalized altcoins on Bittrex, they haven't suffered at all, in fact, many are still growing and pointing higher... Here is one example: Haven Protocol (XHVBTC).
Looking at this chart, we can see a strong uptrend and multiple strong resistance levels conquered all at once (light blue square).
Now that these levels have been conquered, XHVBTC can easily continue to move higher.
If the grey trendlines and/or MA200 are broken, then prices can go lower... Any action within the broadening wedge and we remain bullish.
Thanks a lot for your continued support.
Namaste.
XHVXHV poised to reclaim 4K amidst its edge to edge move after bullish tk cross on h4 and seemingly imminent vol gap fill; sky is the limit from reclaim