XVS / USDTTotal Value Locked on Venus
€2,950,234,949.53
Market Cap (XVS)
€358,415,377
Analysis :
- Wait the confirmation (RSI + yellow triangle)
Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).
The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees. In addition, Venus allows users to mint VAI stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract.
XVSUSD
✳️Venus/USDT Analysis (15/12) #XVS $XVSXVS is heading to the 4$ zone to conquer and increase to the 6$ zone this December.
3.2$ zone has been strengthened so it's safe to buy here.
📈BUY
-Buy: 3.1-3.3$ if A.SL if B
-Buy: 3.8-4$ if A.SL if B
📉SELL
-Sell: 6-6.2$$ if B.SL if A
♻️BACK-UP
-Sell: 3.1-3.3$ if B.SL if A
-Buy: 2.3-2.5$ if A.SL if B
-Sell: 2.3-2.5$ if B.SL if A
-Buy: 1.5-1.7$ if A.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
XVS/BTC (3rd Time Support Retest?)💎Technical Analysis Summary💎
BINANCE: XVSBTC
-XVS is back at its previous key support area around the 1900s sat
-This is the 3rd time it well tested and it is very crucial
-Because as we all know, the more the support is tested
-The more it gets weaker over time so this is not good
-So please be cautious buying in this region
-But if you are, please have a stop loss is placed
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Please Exercise Risk Management 💱
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XVS/USDT (2nd Rejection at 4 Dollars)💎Technical Analysis Summary💎
BINANCE: XVSUSDT
-XVS has been rejected at $4 dollars resistance
-The price fell back inside its local support zone
-This minor consolidation might turn a Bear flag
-If the support zone will fail in the next few days
-The next Key Level is around $2.6 dollars
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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XVS/BTC (Small Bounce?)💎Technical Analysis Summary💎
BINANCE: XVSBTC
-After over 100% increased from Oct 14 - Oct 17 high peak
-Its value today has declined by over -40% already
-The price is now trading at the last Fib level of support
-This is not a good sign of strength in terms of price action
-We might see a small bounce up reaction
-But if the Bulls can push the price back up to 3000s sat
-There will be trouble in the midterm price movement
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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XVS/BTC (Confirmed Bearish Pattern?)💎Technical Analysis Summary💎
BINANCE: XVSBTC
-The descending triangle broke to the downside
-Breaking a key level of support around the 2300s sat
-Technically, this is a pattern confirmation
-If the Bears can send more follow-through in the coming hours
-The chances it will go lower will increase
-The downside target is the Fib reverse extension 1.618
-So if you have a Buy position, please reduce the risk now
A big Thanks for donating 💰 via Tradingview coins this week to ahancock 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
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