Venus Keeps Growing (Long-Term Growth Potential Revealed 28-45X)

6 hari yang lalu

Venus has been growing, long-term, since October 2020, when it started trading on Binance. Always, the dynamic has been one of higher lows. We have short-term higher lows, mid-term higher lows and long-term higher lows.

Within the accumulation phase, we have a perfect long-term double-bottom. In May 2022 Venus (XVSUSDT) bottomed at 3.01. In June 2023, Venus (XVSUSDT) bottomed at the exact same level, 3.01. The bottom is in. The second low launched the 2023 recovery wave and the start of the uptrend. The first part of 2024 was mostly a correction and now, after a mid-term higher low we are seeing the resumption of the bullish move.

Venus just broke a small local resistance and is ready to grow. We do not focus on the short-term though but the long-term and potential is quite big for this pair. The long-term growth dynamic is pretty obvious and thus we can expect a new All-Time High in 2025. We are looking at 2,800% to 4,500% in 8-12 months. Can happen a bit sooner but most likely within this time range.

Additional details can be found on the chart. There is also a trade-idea for the Bitcoin pair (XVSBTC). Find it in the 'Related publications' below this post.

Namaste.