It seems the waiting is over for VRAUSD (Verasity) and let me tell you why...
Here we are looking at the daily timeframe.
Yesterday VRAUSD moved and close above EMA100, which confirms the medium term potential activated when EMA50 was conquered as resistance.
Drawn on the chart we can see the initial wave followed by a correction+consolidation phase. Since this phase is now over, we get another bullish wave.
The 300% target is based on the Fib. extension tool.
Can be less of course but it can also be more, so far the market seems to be really strong.
The indicators support the price action analysis above.
Thank you for reading.
Wishing you great profits and success.
Namaste.
Here we are looking at the daily timeframe.
Yesterday VRAUSD moved and close above EMA100, which confirms the medium term potential activated when EMA50 was conquered as resistance.
Drawn on the chart we can see the initial wave followed by a correction+consolidation phase. Since this phase is now over, we get another bullish wave.
The 300% target is based on the Fib. extension tool.
Can be less of course but it can also be more, so far the market seems to be really strong.
The indicators support the price action analysis above.
Thank you for reading.
Wishing you great profits and success.
Namaste.
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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.
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
Related publications
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.