AlanSantana

Venus (XVS) vs Tether (USDT) | Trading Tips & More!

BINANCE:XVSUSDT   XVS / TetherUS
Ok... The last one is Venus (XVSUSDT).

Notice I always draw a green arrow here on the chart.

This arrow represents the potential bullish scenario but there is a catch.

This is not to say that XVSUSDT will move right away up, but this can happen.

This means that above the current price levels the potential remains up but I am never predicting time.

Meaning, we can see this same pair consolidate sideways for weeks before moving up.

It remains above the EMAs (EMA10/50/100, etc) and then jump.

If at any time prices go below support (light blue square on the chart) prices can drop...

The catch is that it can go sideways for months before the breakout shows up.

Now, the potential is leading towards the bulls (green).

This is what I try to show with these charts.

Venus is bullish above "support".

As long as it remains above these level, at any time, it can break up.

I can also work on predicting the time but this is harder, the throw of a dice, too many variables... Nope.

We keep it simple.
We trade we patience.

WE BUY AND WE HOLD.

If we go below support we close at a loss.
If we break up, we enjoy, collect the profits and rejoice.

Always being extremely grateful.

Thanks a lot for your support.

Namaste.

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