VRAUSD: Long Trade Idea Chart For Verasity...Once again, a huge shoutout to Matt, a longstanding member of AriasWave, and a big thank you for sharing this idea.
All the information regarding the waves can be found in the video linked below, but the crucial levels to monitor at present are outlined here.
Just keep in mind that the stop level must be maintained for the entry point to remain valid.
Chart: KUCOIN
Entry: .009465
Stop Level (Support): .008996
Target: .03461
Risk\Reward: 53 : 1
VRADOWNUSDT trade ideas
VRAUSDT - Long Trade Idea On Verasity...A huge shoutout to Matt, a dedicated member of AriasWave, and a heartfelt gratitude for contributing this idea.
The video contains comprehensive information about the waves, but here are the crucial levels to monitor at present.
It's crucial to note that the stop level must be maintained for the entry point to remain valid.
Chart: KUCOIN
Entry: .009465
Stop Level (Support): .008996
Target: .03461
VRA ## VRA Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Verasity (VRA):** A blockchain platform aiming to combat online video piracy and fraud.
* **Launched:** December 2018.
* **Market Cap:** ~$133 million (as of Feb 23, 2024).
* **Rank:** #301 on CoinGecko.
* **Unique Features:**
* **Proof-of-Authority (PoA) consensus mechanism:** Aims for faster transaction speeds and lower energy consumption compared to Proof-of-Work (PoW).
* **VeraWallet:** Secure storage solution for VRA tokens and other digital assets.
* **VeraPlayer:** Video player with integrated anti-piracy and fraud detection tools.
**Recent News:**
* **Feb 22, 2024:** Verasity announces partnership with sports streaming platform to combat piracy.
* **Feb 14, 2024:** VRA listed on Bitfinex cryptocurrency exchange.
* **Feb 9, 2024:** Verasity releases roadmap for 2024, outlining upcoming developments and partnerships.
* **Jan 30, 2024:** Verasity integrates with video sharing platform DTube.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
Veracity broken support VRA Verasity has broken support as of now it’s still in upward trend but if it looses support where it is now trend could change short term,it may have found more support back at the .0069 level. Hopefully looking for a retest and upwards movement past .0076 to .008 shaving another zero off as btc gains some momentum and upward movement. VRA tested the .008 level twice already recently in the last few weeks. If verasity holds support here we should see a retest soon
$VRA VerasityNASDAQ:VRA Might reach 1$ in upcomming week, indicators showing it should go down soon, but there is Adam&Eve patern + Cup&Handle, weekly RSI stochastics is bullish.
Verasity Macro Wedge About to BreakVRA has been consolidating over a substantial amount of time during its accumulation phase.
I think we may see a little more lower time-frame consolidation before a breakout.
VRA has reclaimed green (demand macro S/R) and should hold above this level for a breakout.
In my opinion, gone are the days of trading inside yellow (accumulation).
However, considering we see have yet to make a macro higher high, I consider this entire range within the wedge a large accumulation area.
Targets above marked T1, T2, T3 once this takes off.
Cheers,
Vatsik
VRA/USDT | 1W 👀I believe that the current accumulation is highly likely to result in an upward breakout after the diagonal resistance is breached.
I anticipate a pullback from the upper boundary of the range, a return to the median of the flat, where I will buy spot with conservative (optimistic) targets.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Verasity . Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Verasity #Investment #VRA
VRAUSDTBased on the latest data and the internal extension, which currently consists of 1212, the chart was modified, my previous analyzes for this currency were canceled, and a new analysis was put in place that is more accurate according to my current point of view, and all the data was explained on the chart.
Mock Up Price Action for VRA | Mid-Long Term (12HR)Mock Up Price Action for KUCOIN:VRAUSDT | Mid-Long Term (12HR)
- Monitoring coins looking for market correction dip price support levels to buy in at and accumulate for longer term
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
- Glad to see this one finally waking up especially with regards the bullish divergence forming between volume and price.
Inverse Chart of VRA "Massive Dump Inbound" | Mid Term (12HR)Inverse Chart of KUCOIN:VRAUSDT "Massive Dump Inbound" | Mid Term (12HR)
- Accumulating small and micro cap ALTs to hedge against market correction/pullback period to begin in earnest within the next 30 days and lasting up to and through the BTC halving event in April
- KUCOIN:VELOUSDT KUCOIN:VRAUSDT KUCOIN:TELUSDT BITTREX:BAXUSDT KUCOIN:BLOKUSDT are some of my main picks, in order of preference, all of which with massive profit potential within the next 90 days
- With any luck, these small/micro cap ALTs will run over the next 75 days, while BTC and the rest of the broader market top 100-200 ALTs by market cap take a nose dive into the dirt and cool down for a while
- End result, flush with profits from small/micro cap plays, at time when my primary investment interest coins like OKX:CSPRUSDT and BINANCE:XRPUSDT are at discount prices, for the last time, before the Crypto bull market starts in earnest
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Teal Filled Horizontal Rectangles are areas of major support and price points for further DCA long order accumulation
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
Something I like to do to give myself some valuable perspective when looking to invest/trade for after I've mocked up HTF price action and possible movements with fibs, parallel channels, and fractals, is to then inverse the chart (Keyboard Shortcut ALT + I), and zoom out... Sometimes just seeing things from an alternate perspective, can give you that last little bit of confidence needed.
VRA long hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Verasity ($VRA) - Major Reclaim of Macro SRPreviously Verasity broke out of the macro downtrend in June 2023 as I wanted to / predicted. However, it was anti-climactic because it was weak and re-entered the re-accumulation zone in yellow. Which I was boldly saying, was an opportunity imo.
NOW , we have just seen the next phase I wanted to see which is a reclaim of the macro SR level in green. This is a sign of regaining strength and should serve as a new level for some consolidation to build up a base. If this level holds on the daily/weekly, I expect expansion.
Some shorter timeframe resistances marked in R1 R2 and R3 for shorterm levels/targets for a swing trade. I personally am more interested in the longterm and will be dollar cost averaging in, as I have been doing for several months/year.
If green is lost and the market is not ready to go in up in continuation, then expect VRA to re-enter yellow for further re-accumulation imo.
Trade safely , only put in what you can afford to lose.
Vatsik