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seoco
Jun 13, 2021 8:13 AM

XVS-BTC - Is this thereversal for XVS (Venus) ? Long

XVS / BitcoinBinance

Description

Is this the reversal for XVS ?

We received a daily buy signal for the XVS-BTC pair.
If we look left we also can see that we bounced back up from a double bottom.
I bought some more XVS this morning (for the long term) just before the 20EMA/50SMA cross up on the 1hour candles.

My targets:
.000846 (daily 200MA)
.001273 (.236 fib)
.001673 (.382 fib)
.001996 (.5 fib)

If we break the double bottom I will sell my XVS and buy it back at the next support level around 0002895

Don't forget to get profit or set alerts when we hit our targets.
You can always buy it back on a retrace. It will not go in one straight line to the next targets.
Also keep a close eye on BTC . If BTC starts to pump it is better to move some of your profits into BTC .
Your end goal should always be to increase your BTC amount.

Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.
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