#XVS/USDT#XVS
The price is moving in a downtrend on a 4-hour frame
After bouncing from a major support area in green at the $9 level
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI that is about to break higher
Entry price is 9.30
First goal 10.43
Second goal 11.94
Third goal 13.38
Xvslong
Venus (XVS) completing bullish Gartley for upto 12%Hi dear friends, hope you are well and welcome to the new trade setup of Venus (XVS) with US Dollar pair.
Recently we caught almost 15% pump of XVS as below:
Now on a 4-hr time frame, XVS has formed a bullish Gartley move for the 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 stuck with trade.
(XVS)VENUS 61.8 RETRACE☑️ WHAT NEXT?In our last Venus analysis, we talked about how price could drop all the way down to the 61.8% fib support level as shown below
Now that we have reached that level, the question is what happens next?
In addition to the Uptrend channel we constructed last time, price managed to sneak in a downtrend channel as well which went unnoticed in our previous analysis.
A safe entry would be to wait for price to break the downtrend channel back into the uptrend channel and make a retest before buying, or to wait for a 2nd test of support of the downtrend channel ifyou havent gotten in already.
We also added an update to our original analysis citing that we could bottom at the 123.6 fib region with the 161.8 being the worst case scenario as shown below
Have your stops below the 161.8 region and HODL
First target- Previous ATH
2nd Target- 1.382 fib resistance
3rd Target- .1.618 fib resistance
If you agree pls leave a like and share your thoughts in the comments as well
Always manage your risks.
XVS TO $500 & HIGHERGood day folks. Decided to do some charting late night and came stumbled upon XVS. One of my favourite coins which I actually had a target for $500 a while back but was just based on speculation, a dream if you will. So decided to actually analyze it and see if its possible. The answer to that is a big YES. Honestly wondering how I didnt see it before. Now i'm kicking myself for not being a belieber.
Anyways hope this one helps you guys out. Cheers.
Also worth Noting the wave 3 target of $500 coincides perfectly with the 3.618 fib resistance level.
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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