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Gokyo
Jan 13, 2022 3:36 PM

VRAUSDT expectation mid term 

Verasity / TetherKuCoin

Description

So far no reversal structure and a poor location on VRA, so don't get too excited.

Wait for a return to RLZ (the blue rectangle) and a reversal structure (at least a clean daily one) before entering.
From a TP perspective, the sell zone is in the red rectangle.

Note, the chart seems to like GANN. It hit its target in mid-September 2021 (orange rectangle) calculated from the previous big move. It will be wise to recalculate a GANN when the bearish movement will be over with a true confirmation.
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