Venus (XVSBTC #3)

22 Kas 2021

Venus (XVSBTC) looks way better than IRISnet since its prices is just breaking out now, coming out of support with plenty of room available for additional growth.

This is the type of setup we like.

Now, if we zoom out we can see that this one is pretty advanced on the long-term bull cycle but the risk is always higher as time goes by.

Only once every 3-5 years we get to buy at All-Time Lows (ATLs). once this opportunity is gone, a new strategy needs to be applied but opportunities are plentiful nonetheless.

Below the red dashed line is our stop-loss.
Above this level we can expect good growth.

Namaste.