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I tried to explain everything on the daily chart! I have been waiting for a good entry point for venus coin and my buy order set to kick in today! Btc definitely not playing well and must be carefully watched(currently around 46k-47k range)! There is actually no immediate danger of Btc crashing but nobody can be sure for fact. However some people using BTC to...
XVSUSDT - It is in 5th wave of impulse cycle up, where internal 2nd wave is in progress. Pump it for new high above 100-120 level with stop level below 37.61.
Give thumbs up if you really like the trade idea/analysis.
This was my recent prediction of venus.%100 accurate..
I have been waiting for Xvs coin to correct deeper down to $5-6 level . However it seems very unlikely to happen at this stage. After my last prediction, price action overshoot to $12.9 usd...
Today’s analysis – XVSUSDT- trading at a key location where an impulse is highly probable,
Points to consider,
- Price action impulsive
- Local S/R support
- Swing High objective
- Bullish OB
- .50 Fibonacci
XVSUSDT’s immediate price action is impulsive, trading above its Local S/R Support after bouncing from its Bullish OB, allows for...
Total Value Locked on Venus
Market Cap (XVS)
- 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...
XVS (Venus), is basically seen as the COMP of Binance Smart Chain. This is important because of how high Ethereums fees are lately.
You have seen me do charts on CAKE, BAKE, etc within the last month. BSC is a big economy, and I think it is a trend for this spring.
From a Technical Analysis, Venus has a 61.8% retrace and should find common ground to launch...
If the price will hold that support and creates a double bottom, we can look for a long position after the breakout. According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
XVS had a great run to $56, now its tired legs must chill.
Descending triangle inbound.
Volume giving expected markers
MACD collision in sight
Support at various Fibonacci level, strong at 618-fib. Watch the area for buyers.
Sellers enjoy the ride
How low can we go, depends an how strong sellers are.
XVS is DeFi on the Binance Smart Chain, promising coin.
It is evident that the white and blue channels are valid, as the price has respected their lines. The mid-channel line of the white channle provided support, as the top of the blue channel provided resistance. This has hence formed a descending wedge which I believe will result in a bullish breakout. If the price reaches the local high within the white channel,...