Verasity
VRAUSDT next leg targetsThese are my targets for Verasity on it's next leg up.
I'm not sure it will breakout with BTC if BTC goes into price discovery, it may fake out, out of the top of the bull flag and correct as BTC moves if not look for break of top trend line, buying the successful retest would be a safe entry. While Verasity's price holds above the 4hr OB that cuts through the middle of the flag it's definitely bullish, if it starts to close below expect it to move to the bottom of the flag.
Once alt season kicks in I expect Verasity to move pretty quickly if it hasn't with BTC, if price is at the bottom of the flag, I'd be looking for a fake out to the downside with a 4hr close back inside with RSI divergence, a good entry for the next leg, a safer entry would be waiting for a higher low on a lower time frame. Always manage your risk.
I'm pretty bullish on VRA so I expect that it could hit my targets pretty quickly before pushing much higher.
Verasity Cup and Handle updateUpdate on Verasity Cup and Handle. VRA successfully broke the resistance that has now become support. VRA tested support successfully. The first target is around 0.09$. I like to look at charts on a daily timeframe because that’s how I see the bigger picture. The fact that this pattern is based on a daily timeframe is in my view very important because this pattern is one of the most reliable. I think this coin will easily go up to 1.00$ or even more.
Verasity $VRA - Break out confirmed upside- Buy zones filledWe dipped into the buy zone I pointed out in my last analysis and tested the lower resistance.
We have now broken out of our descending triangle to the upside. If this continues we can expect a new pattern to form.
All depends on BTC as always but pattern is appearing bullish.
MG
VRA/BTCVerasity already testing 61.8 fib level the golden ratio in VRA/BTC pair and the golden cross 50 daily MA and 200 daily MA, i expecting a big moves to the upside in a couple days or a couple weeks.
beside that the following token has a big project such as:
"EFC Map veto system," during Q3 2021.
"VeraWallet mobile apps," during Q3 2021.
"Ticketing support for EFC," during Q4 2021.
"Ad Fraud detection with Proof of View," during Q4 2021.
"Esports Fight Club Store Launch (marketplace for gamers)," during Q43 2021.
"View verification Proof of View," during Q4 2021.
$VRA is ready for $0.2 KUCOIN:VRAUSDT maintained a healthy increase over the course of almost two weeks. Looking at the huge increase in volume (for this token at least) it can be foreseen that a dramatic increase in price will occur. This is supported by the fact that the price didn't increase in response to the change of volume, thus referring to accumulation. According to the trend-based Fibonacci analysis combined with an obvious cup and handle formation, $0.2 seems possible soon. If $0.2 is passed, the next stop is $0.50. Of course, this is only possible if BINANCE:BTCUSDT behaves and BINANCE:ETHUSDT continues its balanced growth.
VRA NEW ATH to 0.08 - 0.10Looks like the B wave has validated and next wave would be a C wave. That could give us the impulse we need to break through the resistance and give us a new ATH.
In order for C wave to validate PA needs to reach the 1.618 fib extension. Lets see how this plays out - > KUCOIN:VRAUSDT
Stocktwits chart Verasity has arrived !As you see we want to highlight what the future give for the next bullrun wave.
I took tha Parallel fibonacci as it indicates the future points.
From the FIB point side, it can go to 0.08 dollar as you see i have extended the first bullrun fibonacci line.(rose arrow )
If we take tu U-form line , we get 0.10 dollar and as you see most of the bullrun ends with round numbers. If you tell me why it's because maths not lie, like fibonacci lines.
Anyway, thanks to like this analyse and follow on my page and other social media.
Peace and have a nice weekend.
Reasonable $VRA EOY predictionAs you can see in the chart the green flag represent the best scenario as far as price for $VRA by the EOY, the orange conservative , and the red is the worse cast scenario.
The best case scenario for $VRA within Andrews' Pitchfork Model is that $VRA would have to get outside (specifically about 34% from) that blue upper channel for it to hit $1.08 by the eoy.
What i believe is most likely to happen by the end of the year is that $VRA gets up into the median of this channel and by the eoy it's $.30-.40.
The worse case scenario (which isn't really a bad) is that it ends up in the lower channel and is around $.10-.15.
I have $VRA hitting a $1 sometime in 2022, but as they always say you never know with crypto anything can happen.