Trade ideas
XVS VENUS TARGETSLooking for some targets for your VENUS bag ?
Here this chart may help a little !
Hold on dear Holders !
What is Venus?
Venus Protocol is an algorithmic money market protocol on Binance Smart Chain. The protocol is forked based on Compound and Marker DAO which brings the benefits of both systems into one.
Venus allows users to supply collateral, earn interest on that collateral, borrow against that collateral, and mint on-demand stablecoins.
How does Venus work?
What are Venus’s features?
Key Features:
Supply cryptocurrencies and stablecoins and earn an APY.
Mint stablecoins from supplied collaterals.
Borrow cryptocurrencies and stablecoins which are over-collateralized by supplied assets, with no credit check and fast origination directly on Binance Smart Chain.
XVSUSDT Technical Analysis⏳ Spot
💎 XVSUSDT has formed a wedge pattern. The last large green candles indicate that the price is about to break above the wedge and the major resistance. Big pump is expected.
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🎳 Entry/Pullback now or from 25.63 - 24.01
☕️ TP1 28.59
🍺 TP2 32.20
🍻 TP3 35.97
🍾 TP4 40.30
🍷 TP5 45.00
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 24.01 - 22.28
Good Luck 🎲
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XVS Long : Bouncing off support & token burnSUMMARY: Long, bouncing off support & token burn on the 24-Nov.
Can see price recovering to the $33 market, top of the falling wedge pattern.
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*Not financial advice and is for educational purposes only. Always DYOR.
XVS : waiting for vault runI have been waiting for months to xvs explode. There is a huge event list and new XVS vault. Also, burning is coming. 24th November is Venus's 1 year anniversary! His support will increase in these week. And also there is huge accumulation. Volume is low, it can blow up in a minute. Lets see what happens. There will be a huge AMA this week. The name might be Justin Sun. It is a just guess. This week he posted on Twitter that TRX will be on Venus protocol.
🪐XVS- resistance ahead, MFI bullish divergence at supportOn October 27th key level was lost. On November 9th buyers pushed the price above key level again, but didn't manage to hold this area. The price then found support at dynamic support (purple). There's a lot resistance ahead: key level (26.93), 200EMA, dynamic resistance (yellow dashed) and local resistance (31.98). However, the price is soon gonna get squeezed between two dynamic levels, and will be forced to make a move one way, so we can expect a potential breakout attempt. MFI shows bullish divergence (1D)
Possible entries from current price down to 22.62
Targets:
26.93
31.98
35.84
43.32
48.47
57.17
65.83
95.17
137.45
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About XVS:
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.
VAI tokens are synthetic BEP-20 token assets that are pegged to the value of one U.S. dollar (USD), whereas XVS tokens are also BEP-20-based, but are instead used for governance of the Venus protocol, and can be used to vote on adjustments—including adding new collateral types, changing parameters and organizing product improvements.
The governance of the protocol is entirely controlled by XVS community members, since the Venus founders, team members and other advisors do have any XVS token allocations.
Source: coinmarketcap
XVS - highly likely strong upsideIf we treat the structure shown on the chart as a completed 1-2 setup, then a strong uptrend is highly likely to have started.
Wave B within wave 2 corrective structure is a complex correction, first target is to take out the extreme of the first impulse at 27. If price makes further consolidation at the level, that would be a good place to add with the trend.
Good luck!
XVS/USDT { VENUS } - BULLISH SETUPANALYSIS 🔎
- XVS/USDT is consolidating in a symmetrical triangle pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the symmetrical triangle's inclined resistance.
- Limit entry: test of the symmetrical triangle's inclined support.
TARGETS 🎯
- Horizontal resistance level (@34.21).
- Horizontal resistance level (@42.98).
- Fibonacci extension level 1.0 (@54.24).
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.






















