VaraLong
VARA USD: Bullish Deep Crab Pattern
Vara Network has entered in the PRZ (Potential Reversal Zone) of a bullish deep crab pattern.
Vara has also posted weekly bullish divergence for the first time since the projects existence.
Looking for a 0.50 retracement from the downtrend to reach levels around:
0.0480-0.05
Stoploss: 0.0160
Vara has also posted weekly bullish divergence for the first time since the projects existence.
Looking for a 0.50 retracement from the downtrend to reach levels around:
0.0480-0.05
Stoploss: 0.0160
Note
Keeping a loose stoploss. 0.0140-0.0160. Local Bottom looks to be in!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.