✳️ Venus Fast 120% Price Jump (Happened Before)

This already happened back in April, Venus (XVSBTC) did a huge jump in a single day. Now we have a higher low, cup pattern and break above EMA10 daily after the major Bitcoin flush.

When this pair moves, it moves fast and strong.

This is a Binance BTC pair, so it has the risk of being delisted without warning in less than 24 hours, so please be careful, you've been warned.

Other than that, the chart looks good and has potential.

Now volume on the new lows in June means that this is automated action and after we go down, it is time to go up. 120% can happen easily, if it breaks down get out, do not hold for long.

Namaste.

P.S. I'll reveal how the delisting scam works. They track how many people hold the pair. Say many people start buying and they see a good "pot". They would then crash the pair by putting selling pressure, around 50% crash. You would say, "Ok, it is already bottomed I can easily wait long-term and recover..." After the 50% crash they will announce that the pair will be delisted in less than 24 hours without reason and this will cause a panic and people will start selling before this happens. The total drop would reach about 70-80% and you can never sell for BTC again.

In other cases, they list the BTC pairing when the pair is at the top of its bullish phase. Many people buy at the top due to many reasons. Then the pair starts a long-term bear market. People prepare to hold long-term as the pair drops, no other choice. After say a year, when you see a good entry, people rebuy and reload. After two years the pair bottoms and people buy some more. Then they sell everything causing panic and then announce sudden delisting and that's it. You lost the time, everything, your money, etc. No other exchange does this. Exchanges will normally give you a 3-6 months window before delisting or put a notice when a pair has the potential to be delisted.

As a rule of thumb, if a BTC pair is available on Binance only, it should be avoided. If the pair is available in other exchanges, then you can hold it because the other exchanges will keep it long-term knowing about this scheme. If they delist and you are ready to wait, you can just withdraw to next exchange and once the bull-market come, your strategy can work as planned.

If you are an experienced trader you already know this but if you are new you can be caught off guard and it can be expensive. That's why you see so many people talking about regulations, it is a real thing. It is market for very smart and wise people, it is a hard game.

Comment:

We got the first round and now the second one.
Enjoy the profits.