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XVSbtc has a pretty good run and has been in a nice mark down phase. We had a good daily rejection on support telling me the buyers are strong. I'm watching for 1 of 2 things to take an entry: 1) A decidedly bullish candle on this daily support area or on the pivot point in the 4hr timeframe (maybe if i notice it). A candle like a hammer or a bullish engulfing...
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...
A few confluences right there.
Total 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...
Hi dear friends, hope you are well, and welcome to the new update on Venus (XVS) token. On the 4-hour chart, the priceline of XVS with Bitcoin pair is forming the final leg of the bullish Gartley pattern and soon it will be entered the potential reversal zone. There is also a strong uptrend line support within the buying zone and 50 and 100 simple moving average...
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. Like...
A quick update video on XVS, nicely bounced from the 0.382 Fibonnaci Level to $43, now looks like a throwback to retest the trending resistance level. If we get a beautiful couple of green candles here, I may jump back in at this point. Retest may not be complete until we dip to $34-$35 so I am keeping a close eye on the chart but looks like a classic doji...
Using Elliot Wave theory, wave 5 impulse is coming, should hit by 14/15 of February
I hate the phrase "moon" but xvs looks like it's setting up to take a run past the top bound resistance. If it does, look for a reasonable rejection at the purple line (target1) then a retest of the resistance turned support. Once that occurs I have no idea where it's going to go. It's another hype coin.
if you are wondering where to put your investment and didnt find any yet XVS is going to be one the millions you can invest in mid-term/long-term and get a fortune from it just you need to have eyes on the trend line plotted in the chart otherwise the trend is super bullish with a potential you will regret that didnt invest in such thing