VRADOWNUSDT trade ideas
VRA - King of ShitcoinsI won't spend much time analyzing this coin because I know a lot about it (I worked in the TG community management) - some key facts:
95% drop from all time high
Anon "CEO"
"working product" that doesn't work, even if it works nobody would want to use it
When metaverse was a thing, they said they're creating "veraverse"
When NFT's were popping, they said they're creating an NFT marketplace
When nodes were running crazy, they said they're creating "verafier nodes"
When Elon mentioned Twitter bots, they said they have the tech to fix it
Tokenomics are a disaster and the team is constantly dumping on you to fund operations
Axie Infinity botched the working relations with them instantly and without notice (major red flag)
Anon CEO + Cayman Islands registration + all the above = recipe for disaster
Only good thing is the cult-like following it has, so you can make some $ trading it when the cult is fired up and believing the teams lies
VRA coming up behind ADA and SOL... 100% Gain Potential InboundHey everyone!
VRA detaching from the majority of the market with a few others to attempt a new high. I think it can do it, bringing up the rear of ADA and SOL's performances. CAUTION once this target gets high as the weekly will be printing its first bearish divergence, it will be a strong take profit signal at the least where we will then look for hidden bull divergence to print on weekly for some reassurance of consolidation at these lvls and continuation.
I've got a 1:1 ext. on the chart as a potential complex correction pivot target. We will likely see some resistance here, so the pullback will signal the entry if we can get a controlled rejection rather than a harsh one.
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Checkout the related idea below on ADA going to $10 vs Sub $1.
Let me know your bias in the comments below for VRA
#VRA #Verasity #vrausdt #vrausd #cryptocurrency #crypto
VRA LONGMarked 4 areas where I'd consider going with a buy.
I can't say that I like ending diagonal on a larger degree but the chart is messy and I think this makes the most sense
Also, be careful with the circle buy area. What's marked as `A` wave might be wave `C` thus rendering this invalid. But if that's the case none of the `buy` lines should be crossed