Xvs
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.
XVSUSDT BreakOUTXVS has been ascending wedge for sometime, took a cool small break to gather momentum.
Based on our last idea, it didn't dive or ready to take long break.
Symmetrical triangle been forming rather.
Now a bullish bar confirmed breakout above known resistance around $49 - $50
It is not affected by BTC but forging its own destiny.
I took entry at $50.852
MACD looking good an 4H
XVS remains bullish IMO, long term hold this one.
Like and share your thoughts
VITE/USDT Update!!!!! Must eye on this coin!! Good day!!
Tonight, the price action lands successfully on 61% retracement. As of the moment, im going to add some bag for this coin since I'm just trading this on spot.
My bias for this would be a trend reversal after landing on 61% retracement, in ADX indicator it is showing that the down trend momentum is getting weak in daily and 4 hours time frame which may strengthen our reversal bias.
Let's see what would happen next, since BTC made a new ATH again.
Alt season is coming, real alt season is coming.
We must be prepared on coming alt season.
Our total market cap reached 2.2T at this moment, so what would be the reason to be scared of?
Buy when everyone is scared. Sell when everyone is greedy! :)
Trade responsibly!!! :)
$VITE will make 100%-150% when this reversal was successful.
VITE has similar chart to NKN.
NKN made 300-400%
$VITE is NEXT. Lets do this!
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.
XVS, wait for the breakout, get ready!XVS has so many indications that its about to going up in price, the indicator looks so promising for me. personally, this is my favorite coin since its predictable and volatile enough for day traders. im using trendline and snr drawing method, and im using rsi and EMA indicators to determine my analysis
XVSUSDT (Falling Wedge )XVSUSDT (4H CHART) Technical Analysis Update
Falling Wedge
XVS/USDT currently trading at $57.00
Buy-level: $55- $60
Stop loss: below $39
Target 1: $78.00
Target 2: $100
Target 3: $130
Target 4: $150
ALWAYS KEEP STOP LOSS...
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XVSUSDT 4H Long setup; Bounced at newly created supportTA explained
XVS made a strong impulsive move since the start of 2021, now it formed a new structure around 34 - 46 usdt which could be considered a support area.
Price bounced on that price level to confirm the area as support, now creating an ascending triangle locally which on a breakout could trigger bullish continuation.
Given SL is at 39% from average entry which is pretty much so consider your entry and SL
Trade setup
Best entries: 43.637 - 54.016
TP1: 92.849
TP2: 130.045
TP3: 193.454
SL: 29.258
RR: 7.47
Max leverage: 1x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
💡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
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🆓Venus/USDT Analysis (9/3) #XVS $XVSXVS is recovering quite strong, but buying here is not a good idea because it still has a possibility to move down to around 40$ again.
And when it conquers the 50$ successfully, it will move up to 60$ and 80$ zone in this March.
The 80$ zone is very strong and there will be a selling force here so we will need to pay attention to this zone
📈BUY
-Buy: 39-41$. SL if B
-Buy: 48.5-51.5$ if A. SL if B
📉SELL
-Sell: 58.5-61.5$. SL if A
-Sell: 78-82$. SL if A
♻️BACK-UP
-Sell: 39-41$ if B. SL if A
-Buy: 29-31$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"