Venus
CAKE sidelining CAKE REVIEW
Rough consolidation for CAKE, just experienced a bad event recently with the DNS attack, luckily the team managed it really carefully.
Most of the value of CAKE remained because of people staking it and using farms for rewards.
Price action could be explained by less buyers in and more early adopters selling to invest elsewhere. Lack of new incentives to buy $CAKE is reason why price is slowly dropping. As long as TVL remains high and solid, I wouldn’t panic.
The fact that the price is under the 200EMA in the 4H chart makes me kinda bearish, but when we zoom out to the daily we are only near the 50EMA, which is still fine for now.
RSI has been under 55 for the main time since mid February (but never went completely oversold)which shows that a lot of people are still holding and staking.
Pancake is willing to be the Uniswap of Binance, for so it has revamp itself, which is going to happen before June 30th with CAKE V2 to happen in Q2.
On a fundamentals perspective, I am really bullish on CAKE since they are planning to change the contract for migration and develop:
* The ability to create a referral program (users can earn a percentage from referral fees).
* Adding an automated buyback and burn mechanism (from trading fees).
* Enable automatic compounding on syrup pools.
* Enable access to minting logic; governance votes decide on emission rates.
* LENDING & BORROWING
PancakeSwap is currently working on a Minimal Viable Product (MVP) version for lending and borrowing. The high demand for such products can be seen in projects like Venus, which is currently the project with the highest TVL on the BSC. PancakeSwap wants to be able to offer this service to its users as well. The fees generated by lending and borrowing would be used to buyback and burn $CAKE. This product will be released after the release of their prediction market.
These are the reason why I would buy more if ever we would retest the red support at 5$.
Otherwise I’d keep staking in the syrup pool and earn juicy CAKE that I would sell not less than 22$
Cheers
💡Don't miss the great buy opportunity in XVSUSD". There is a possibility of temporary retracement to suggested support line (44.730).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. XVSUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 70.
Take Profits:
TP1= @ 56.750
TP2= @ 72.800
TP3= @ 83.150
TP4= @ 94.700
TP5= 103.090
SL= Break below S2
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🆓Venus/USDT Analysis (9/3) #XVS $XVSXVS is recovering quite strong, but buying here is not a good idea because it still has a possibility to move down to around 40$ again.
And when it conquers the 50$ successfully, it will move up to 60$ and 80$ zone in this March.
The 80$ zone is very strong and there will be a selling force here so we will need to pay attention to this zone
📈BUY
-Buy: 39-41$. SL if B
-Buy: 48.5-51.5$ if A. SL if B
📉SELL
-Sell: 58.5-61.5$. SL if A
-Sell: 78-82$. SL if A
♻️BACK-UP
-Sell: 39-41$ if B. SL if A
-Buy: 29-31$. SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
xvs venus about to moon again long nowwatch XVS venus or enter now its sitting on daily fibonacci level plus daily 50 EMA plus nice support chart speaks itself of course its not guaranteed even bank doesnt guarantee nothing because fake dollars can be printed as much as they want :D
that beeing said odds are in favour for nice profit. We can easy reach previous ATH which is around 100USD lets take profit before 100USD dont put TP exactly at 100 everyone else does it. SL could be below 25 its EMA plus fibonacci level or below 35 TP targets fibonacci levels. XVS venus is fundamentally good coin my friend was telling me about it . DYOR
If something happens and BTC jump 5K in few hours and venus is still there then its even better opportunity.
this setup looks really solid one of the most solid from my last ideas. Fundamentals plus technicals lookss really good. just a disclaimer maybe I have missed something some fresh news etc but if nothing major bad has happened for bitcoin or venus then it should shoot up
LONG XVS / USDTTotal Value Locked on Venus
$3,158,543,437.45
Market Cap (XVS)
$332,510,491
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.
XVS - Falling Wedge, Potential consolidation and double bottomXVS (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 off soon. If we have a double bounce we should see strong volume pushing up. This spot has been a place of previous resistance, now turned support, so it is extra effective.
XVS / USDTTotal 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 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.
Venus (XVS) Completing Gartley For Upto 65.5% Profit MoveHi 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 supports as well.
This trade has a huge profit possibility up to 65.5%, and the loss possibility is 15.5%.
Note : Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XVSUSDT Chill Down IncomingXVS 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 and Share your thoughts or opinion.
Venus (XVS) Project Overview + Chart AnalysisVenus (XVS) Overview
What Is Venus (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.com
Website: venus.io
-------------
We got into XVSBTC (Venus), lovely name, earlier today and wanted to share the chart with you...
It looks pretty nice, it is almost very clear that a rebound is taking place.
The indicators are good and this seems like a very solid project.
Wishing you the best for sure.
Namaste.
Venus (XVS) Going As Planned (Next Target Mapped Up To 135%)XVSBTC (Venus) continues going as planned/moving higher.
EMA50 was challenged first 11-Jan. but there wasn't enough strength to break up...
Another attempt at EMA50 happened on 14-Jan. but still nothing.
Today, we have XVSBTC above EMA50 for the first time since December.
Staying above this level is a strong bullish signal.
This signal is only confirmed once the daily candle closes later today.
The next target is marked on the chart at 47% followed by 136%...
These are reference points only; make sure to have a plan before you trade.
This is not financial advice.
Thanks a lot for your support.
Namaste.
Previous chart (Jan. 10)
✳️Venus/USDT Analysis (15/12) #XVS $XVSXVS is heading to the 4$ zone to conquer and increase to the 6$ zone this December.
3.2$ zone has been strengthened so it's safe to buy here.
📈BUY
-Buy: 3.1-3.3$ if A.SL if B
-Buy: 3.8-4$ if A.SL if B
📉SELL
-Sell: 6-6.2$$ if B.SL if A
♻️BACK-UP
-Sell: 3.1-3.3$ if B.SL if A
-Buy: 2.3-2.5$ if A.SL if B
-Sell: 2.3-2.5$ if B.SL if A
-Buy: 1.5-1.7$ if A.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
A perfectly executed SXP shakeout with imminent reversalBinance are masters of marketmaking and painting charts. They brought SXP to a nearly full retracement from its major run and have shaken as many people as possible out. As we approach new week starting from 21 September, we may expect - but not necessarily get - one last scam wick downwards to hunt for stoplosses and force utter capitulation of SXP holders before starting a full-scale reversal, possibly coinciding with weekly closure. Despite all the scary news and FUD, Binance and Swipe team still hold a large percentage of SXP coins and likely to keep charts perfect they will not allow decimation of the support floor currently found around 13200-13600 sats, in order to keep the overall long term upward trend intact. Full recovery seems plausible within 5 weeks. Further price action will depend on FA releases. Given the level of FUD against Binance and Swipe, it does seem likely like a coordinated campaign to shake out holders who forgot that barely a month ago Swipe was viewed as a Unicorn. If it's a Unicorn defi powering the largest crypto credit card by far (basically all binance customers), is it reasonable to assume it peaked at 350m USD? Is it also reasonable to forget CRO's marketcap is still 3.5b USD?
Shakeout perfectly executed. Reversal commencing around weekly closing/opening. Risk/reward is 1:4 within 1 month.
SHIPPING INDUSTRY of EARTH? “Door-to-Door” SHIPPING INDUSTRY of EARTH? “Door-to-Door”
“THE LAST MILE” of FREIGHT?
One of the most important ideas in the shipping industry is the idea of “universal balance”. (for example Exports compared to Imports or from an economic-philosophical perspective imbalance in credit or “debt”).
Shipping is perhaps one of the most important industries still here on Earth. Unfortunately, most of our Earths “most critical industries” surprisingly have some of the lowest levels of profit for example foods and shipping typically makes less then a few 1% or 2% profit (7% at most). However, the reason maybe because profits go naturally where they should be and not into the stock market or (even) businesses themselves. For example much of the profit goes to the cost of “labor” in shipping or foods services. For the poor, its actually a healthy sign “low profits”.
Problems in our Shipping or Foods industry spell some of the most central and “universal” problems of our entire economy. When shipping on Earth stops its a sign of major problems even with the latest” modern version” of capitalism (developed in the “far east” and “far west”)?
The main problem historically with the shipping industry is how we understand our future here and perhaps on another planet or moon. Do we (to the) full realize how important shipping is on Earth?
Simple Facts about the Shipping Industry on Earth?
Most goods are not shipped by “road” in fact about 70% of all goods are (not surprisingly) shipped by sea, and only 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air? I was personally very surprised by these numbers, again its an example of how fundamentally “weird transport” (cars?) is to everything on Earth. Somethings are so important that sometimes the price doesn’t matter anymore?
UPS is involved in “Door-to-Door” shipping. Its the most difficult and even very dangerous type of shipping (when you think about shipping things internationally). UPS provides “this service” to help people today ship just about anything anywhere? They quoted you a price of this service and it includes all shipping, handling, import and customs duties, making it a hassle-free.
So what are the details of UPS:
(one of the largest “door to door” shipping companies on Earth?)
Employs about 500,000 people.
Ships about $70 billon dollars a year (revenue).
Net Income about 7%
Typical Price of Stock to Earnings Ratio: 20 to 1
(perhaps way way too high and too little profit)
Details of Historical Problem of UPS:
Perhaps "the most serious" problems for UPS in the "modern history" started in September of 2007 The important fact about this problem at UPS was that this started BEFORE the “other” 2008 housing market loan crash. For UPS this crash lasted only about one year and turned around in February of 2009. Stock prices dropped by ½ going from about $75 dollars per share to a low of $41 per share for UPS (see graph).
Biggest Growth Period at for UPS Shipping?:
From February of 2009 (after the serious bank crash of 2008) UPS grew and had some of its most important positive years for almost one full decade (thats 10 years of growth for UPS! Doubling and then TRIPLING the price of UPS stock values…?). By 2018 the price of the UPS stock reached very high levels relative to UPS earnings and started to show some of the most “wild price swings” in the history of UPS. How did this effect the rest of the shipping industry? The real question is something “different’ was going on in “shipping” globally by January of 2018. Its possible that something or “too much” was being shipped globally and there was something “in the environment” of Earth itself that effected life on earth and shipping at the start of 2018? This was well before the major (virus) crashes started in Feb of 2020. UPS had “one final peak of priced grace” in October of 2019 and then suddenly started to drop by about 30 points much of which was prior to our recent global crash...
I’ve often wondered if it would make sense for UPS to mostly focus on shipping goods to warehouses only? Why would UPS want to do this? This would thereby possibly cause more pollution in the short term but less Carbon Fuel Pollution in the long term? Because people themselves would need to pickup the shipments. However, if you look at whats going on globally in the shipping industry “MOST” (70%) of all goods already are shipped mostly by sea and this would force people to live closer (together) and nearer to larger cities along the coasts forcing customers to “pickup” goods at a local warehouse.
Land or "ground" shipping can be made by train or by truck. However, one thing to worry about for the future of companies like UPS is that only 18% of all goods are shipping by land. Logically it maybe makes sense to only focus on moving big items “like the moon or an astroid”? Ground transport is typically more affordable than air, but more expensive than sea, especially in developing countries, where inland infrastructure may not be efficient or even possible?
Many goods today are shipped by “intermodal freight transport” which are basically “normal” shipments that involve more than one mode. Because most goods are “ship by sea” they might also be shipped when they arrive by rail or plane and finally truck a UPS truck?
One of the most important problems in shipping is called the “Last Mile”. This is a term used in supply chain management and transportation planning to describe how important real people (real door delivery problems) are in moving goods from a transportation hub to their final destination… typically “our front doors”…
GLOBAL COMPETITION FOR “DOOR TO DOOR” SHIPPING?
Major competitors in the United States include the “government” United States Postal Service (USPS) and FedEx, along with regional carriers. In addition to these domestic carriers, UPS competes with a variety of international operators, including Canada Post, TransForce, Deutsche Post (also known as DHL), Royal Mail, Japan Post Service, India Post, China and *many* other regional carriers in each country, national (or forging government) postal services and air cargo handlers.
It maybe wise for UPS (or any shipping company in the world) to not ship “the last mile” and instead when starting up new operations in for example Indo-China or (India, Malaysia, Philippines, Indonesia, Thailand, or Vietnam)
Historically, just about everything has been used in transport. Camels, Dogs and Wolves, Donkey, Elephant, Homing pigeons, Horses, Llamas, Ox, Santa’s Reindeer… and even our heads to carry water for miles and miles? However, less and less is being shipped by humans and surprisingly less and less shipments today are “door to door”.
Because there is so “little” profit in Foods and Shipping this has created perhaps the largest “black market” for “unconventional” shipping system. We maybe are not ready yet for the truth. On Earth whats going on is very complex … especially if we are shipping “everyone” someday into the deep Cosmos? It maybe that many private shipping companies need to refocus. There business isn’t about profit? And most of it mysteriously is by or on the “sea”?
There are many possibilities for new shipment strategies even DHL is offering a way for people to “buy certain routs” and “invest in a specific route” and get profits from “specific supply chain investments” as a simple person who just “likes that shipment route”. So a new centralized “warehouse” approach to shipping maybe will not work alone. Localized services today are very important and are also international.
Finally?
What is the future of the shipping industry here on Earth? UPS is perhaps one of the most important practical examples of non-governmental private enterprise in (our) (future) fields of shipping. They have (already) been around for as little as 100 years? What does it mean when the Moon, Jupiter, Saturn and Mars will all be aligned this year or even (so I read in the news) “this week in April”? Its almost like the entire universe is stopping for a moment here on earth and “aligning” with something really really far out?
What does does this have anything to do with trillions of packages shipped here on Earth? Perhaps the success of the shipping industry will point us someplace far far away?
Anyway, I hope you've really enjoyed my discussion on “the future of shipping”… ;)
The Cosmos is perhaps “our man’s” “final frontier”.. we don't really have a lot of control over the universe… there is a lot of things moving around out there someplace in our universe.. and today we cant “ship” to many-places “off earth”?
Our entire planets future might just depend on “shipping companies” like UPS? To the moon to another star system (or galaxy?)?
however, this doesn’t stop us from trying to get involved in shipping all types of strange things all over the world and or even to just look at the next full moon with new possibilities.
Hope this helps everyone!
Asher