Once VRA broke 0.012 again in 2021 it started mooning
So If you are curious about what's coming next please consider looking into my next idea on my profile
Update, now VRA has formed an ascending triangle, many alts have. watch for breakout and then a retest, targets shown, wait for indicators to turn UP, higher time frame better 4 hour shown on chart play with it
High Risk Counter Trend but good risk to reward and high probability based on volume in my opinion. No real time to say more. Not financial advice just a trade idea for some profits on an overbought token.
$VRA
bounced really nice on the 200MA, I have drawn a white lined diagonal resistance which I will be watching, if we can flip that, we will have 2 potential targets which I have measured..
If the 200MA is lost we will come down to the green circle area which is a good buy zone
This is a good sign! price has found a point where it is stuck within the channel indicator
All we need now is another push for price and the indicator may flip green.
This may take time but the r/r is crazy.
Hodl on to that channel price!
Weekly Timeframe
Checking out $VRA on the smaller time frames, expecting a slight pullback since it's oversold on pretty much
every TF except the weekly. The weekly is extremely bearish and I'm expecting VRA to eventually
test back to the demand area of of 0.002-0.003 based of its RBD structure, which is also a great area of value
to accumulate more $VRA. Sellers are now in...
Once again the VRAUSDT hit the bottom in a demand area this could be a huge comeback ( once again )
Breaking also another 2 trend resistance
Verasity on its ordinary grow path if nothing breaks the market again
Please think long term when using my charts I really on long term while analysing crypto
Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.
What Is Verasity (VRA)?
Verasity is an open-ledger ecosystem designed to fight advertising fraud, provide open access to infrastructure for publishers and advertisers, and reward users for watching video content. Verasity also provides payment solutions and a rewarding staking ecosystem with 15% yields guaranteed through to April 2024.
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VRA is attempting to form an up channel with this recent move
This up channel will likely be broken to the upside as this coin is very young
But still the channel can be observed with the strong bottom trend line
Attaching a relevant chart
Now, Verasity (VRAUSDT) has been growing for 7 weeks straight... This is a hard-one wouldn't you say?
Will it continue growing or will it there be a correction/retrace?
The volume is really high.
Whoever is buying, the market insiders, they are not buying to sell...
They buy with a long-term plan in mind.
Additional growth is possible as EMA100 is faced as...
**Bought VRA token**
VRA token has performed well and has formed a trend-continuing ascending triangle pattern.
Entry: 0.01054269
Initial target: 0.01347241 (27%)
Stop: 0.00848955 (19%)
Volume: 2.38%
VRA looking strong and as long the market is going sideways or up...it's just a matter of time until VRA take the next step. VRA moves fast, so be ready for the break of the Daily trend. I see a 25% move as the first take profit level.
