🆓Venus (XVS) Jan-25 #XVS $XVS
The selling has weakened a lot and is very close to the bottom of the market or may have already finished creating the bottom.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 6$ zone
🔴Buy : 7 - 6
🔴Sell : 9 - 11 - 13
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 6$ zone
🔵Sell : 6
🔵Buy : 5
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
XVSUSDT trade ideas
VENUS IS 2ND CLOSEST PLANET TO THE MOON🌙📈😋Hello Traders😃
Today we will consider the trading pair XVS/USDT and tweak just a few things in our analysis.
Alright lets start!
In our previous analysis (linked below) on XVS, we talked about how Venus could reach a price target of $500 & higher.
In this analysis, we will add a few updates to that idea.
After readjusting the lower trendline and a few other adjustments, this is what I came up with for the coin 38 million kilometers away from the moon
(good things take time no😜). After gathering more knowledge about Wave trading, i decided to re-do this analysis.
Currently XVS is resting just above the 0.5 fibonacci retracement level after a +12000% growth in its price from its listing date. Should this be the bottom, we will consider this a First Extension Wave (Rule states that if wave 2 falls into 0.5 fib territory, then wave 1 cannot be the longest).
Should the above paragraph be the case for Venus, we then take the 61.8 measurement of wave 1 and target just below the 1.618 fib resistance for wave 3 as shown in the chart above.
However, if we do get a deeper retracement into the 61.8 fibonacci support, we no longer can say wave 1 will be the longest.
Should that be the case, we could have a wave 3 extension instead, meaning price growth will be larger and longer than wave 1 (in this case, could be wave 5 extension too, but if wave 1 touches 0.5 fib, wave 3 cannot be the shortest of the 5 according to the rules).
If the first scenario plays out, Wave 3 target will be at about $400(middle of the park) and afterwards get a retracement wave 4 to current ath's and up all the way to $750 for wave 5.
Should the 2nd scenario play out,
We would see a retracement from here back to the 61.8 fib support and with a larger global target of at least $1000, making it longer than wave 1 as stated earlier if certain conditions are met.
If you found this helpful or agree with this idea, a like, comment and share would be appreciated.
Trade safe.🙏⚡
xvs/usdtThis currency is almost 900% away from its historical ath and is in the lowest possible state. I think it can easily retract its roof because of its strong project and the many funds and token burners it can easily grow. In these few days, it has not shown a significant decline, unlike other currencies
My friends, I need support. In fact, I have no money and for several years I have just learned the methods of analysis. Please, if you can help me, maybe my university tuition money will be adjusted.
I have a total of $ 200 :(
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trc20 usdt
Long Opportunity on XVSUSDT3*2=7
1% of total account value.
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XVSUSDT - upsideI assume we are in the corrective pattern, wave c has to break 42,80.
Then expect the completion of a senior corrective pattern - to correct the large impulse.
Simple as on the chart.
Trade safe and good luck!
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XVSUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 30 - 36 - 45
after first target reached move ur stop to breakeven
stop: ~under 20 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
XVSUSDT - Accumulation & Levels outlookXVS has been in an extended accumulation phase for a while now. Hovering along the resistance zone around a previous ATH and the huge drop from the May crash, the support has stood firm time and time again. A flip of the Renko EMA & break of the bearish trend line, could start a new bullish trend.
After a HUFE pump in the first part of the year, taking 33 days to rise 2500%, There are signs of life in the project, a new vault, and potential for a big upside.
Targets are based on Fib extensions from the ATH to the July low. For traders, a lot of volatility can be expected once there's a breakout, for investors, a lot of chances to DCA or get in While price is hovering the lower levels.