As seen on the chart VARA price so far has respected this trendline and it looks like the price is on its way down to touch it again. Thats a 2c drop from where we are at and lets see if we get there. Good area to DCA in is around 9c in case we dont make it all the way there. The upside potential is massive for this one. DYOR
early stages of a 5 vave impulse to around 0.26 as long as price stays above 0.88 currently in vave 2 nfa y axis only
Varausd daily is looking good for a long trade. stoploss below .0676 TP1 Fib 1 (RR1:3) TP2 Fib 1.618 (RR1:5) TP3 Fib 2.618 (RR1:8) Rsi has potentially bottomed on a third touch forming an uptrend. PA found support at the daily 50 simple moving average. NFA Do your own DD
$10Trillion coming to town and VARA is poised to benefit from ir Only available in Coinbase and enough to make great rewards as when it gets listed to others it can rocket beyond Unicorn levels
coinbase holds a lot of projects which arent available to other countries or access from blacklisted nations it howevers maintain confidence in sleeping gems to have potential when its time or purpose arrives this one can be the go to protocol for Blackrock to tokenize assets or migrate legacy deals to the blockchain generation good luck
$VARA has broken out of it's downtrend and has been consolidating on top of it's trend line. I lean towards a big move higher from here. Once $VARA breaks the $.15 level, we should see continued upside. I've marked off key resistance levels to the upside, let's see how high we go.
Expecting The Vara Network to continue the uptrend into the Bat Pattern targets. Bat Pattern Targets: 0.25-0.30 Cents We also have a very large Inverse Head and Shoulders pattern. Inverse head and shoulders target: 0.18-0.20 Cents Support and consolidation is developing at the 0.09-0.10 cent zone along side the down sloping trend line of the triangle pattern.
Back in Oct-Nov Vara posted a nice Inverse head and shoulders pattern with a price increase of 150-200%. Vara is showing another inverse head and shoulders pattern on the trendline support indicating a possible reversal zone. MACD- bullish divergence on the daily. RSI @ 43 Breakout Success Rate- 85% Price gain % rate- 50% Neckline- 0.0750 Target- 0.11-0.12 Cents.
Vara posted a nice 6-12 hour bullish divergence into a support zone. If you check out the weekly candlesticks there is a tweezer bottom indicating a possible reversal of the trend. RSI @ 43 daily Shark Pattern Targets TP 1 0.15-0.17 TP 2 0.19 TP 3 0.25
vave 4 in progress vave 5 to around .20 coming next nfa y axis only
VARA Bullish Month Low marketcap Chart bottomed Stoch Rsi = Bullish Rsi = Neutral > Bullish Macd = Neutral > Bullish
Vara Network: Accumulation still in progress. Expecting a continuation to the upside for the shark pattern targets (0.15-0.19 cents) Support has developed around the 20 DAY EMA and golden pocket (0.0830-0.0850 cents) Additional downside support 50 DAY EMA.
Today we are looking at VARA! As of right now VARA has bounced from the 0.06 level strongly and volume has increased a lot since. I have personally taken an entry at the current price at the time of posting and will be looking forward to it reaching the 0.12 area and possibly going for that last high it had and maybe even surpassing it. Project Info: Vara...
TF: 12 Hr Couple different scenarios for VARA/USD: 1. Price is testing a previous volume area from the last bullish wave to the upside + 0.618 retracement area of that upside move. 2. If price fails here a move to ~$0.064 may occur. Price will need to likely hold this area for continued upside. This area is the previous bullish moves POC + 0.786 retracement level
This may be a little soon yet the Consistent rejection of the recent resistance gives me indication price may want to tap Lows before coming up to this area. This is an Awareness post. Not a call out nor signal. I am currently awaiting price push w/ momentum to confirm either direction. We know from price recent push, there are buyers in this market.
currently in triangle wave 4 of main wave 3 target around 0.4 NFA y axis only
$VARA with a nice bounce off the 55man in the 30min chart.
$VARA might be making a swing up for some bullish action. This is NOT a double bottom pattern. But it is acting like it wants to move touching this fib twice. Watch and see..