VERI
$VERI Falling Trend-line Breakout Just posting an idea & trade to my trading view that I've been in for a couple of weeks now and alerted at $11 elsewhere. Besides being massively undervalued relative to sector peers per growth rate, $VERI also has a beautiful technical setup that should retrace the entire previous structure to $20, and then extend much higher to at least $30 as I see it.
Earnings Stock of the Day: VERIVERI is reporting earnings today and was chosen to remind traders that IPOs are not usually profitable. It is very rare to have a company that IPOs with high profits and revenue. Therefore, IPOs are generally speculative as this stock was. It IPO’d around the summer of 2017 and ran up for a month to a new all-time high. Retail investors and smaller funds drove price upward due to HFT activity and the encouragement of financial advisors. AccumDist shows smaller funds buying speculatively, creating the momentum run of August into September. HFTs created the huge black engulfing candle at the peak. Smaller funds and the retail crowd “bought on the dip” and have lost a lot of money since then. Preferred Clients sold into the speculative gains.
It is now near the low that should provide stability to the downtrend and eventually commence the bottom formation. There is no bottom yet as there is no Dark Pool Buy Zone™ yet.
There are no major companies reporting today. It is all small to mid-cap companies. Earnings Season is in the final days of reporting.
A trading opportunity to buy in VERIUSDTechnical analysis:
. VERITASEUM/DOLLAE is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (38.00 to 30.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (38.00)
Ending of entry zone (30.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 54.00
TP2= @ 67.00
TP3= @ 85.00
TP4= @ 100.00
TP5= @ 144.00
TP6= @ 219.00
TP7= @ 314.00
TP8= @ 435.00
TP9= @ 544.00
TP10= Free
A trading opportunity to buy in VERIUSDTechnical analysis:
. VERITASEUM/DOLLAE is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (38.00 to 30.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (38.00)
Ending of entry zone (30.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 54.00
TP2= @ 67.00
TP3= @ 85.00
TP4= @ 100.00
TP5= @ 144.00
TP6= @ 219.00
TP7= @ 314.00
TP8= @ 435.00
TP9= @ 544.00
TP10= Free
A trading opportunity to buy in VERIBTCTechnical analysis:
. VERITASEUM/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003920 to 0.002290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003920)
Ending of entry zone (0.002290)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.007100
TP2= @ 0.011268
TP3= @ 0.016840
TP4= @ 0.021330
TP5= @ 0.025820
TP6= @ 0.032220
TP7= @ 0.040390
TP8= Free
A trading opportunity to buy in VERIBTCTechnical analysis:
. VERITASEUM/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 80.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.003920 to 0.002290). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.003920)
Ending of entry zone (0.002290)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.007100
TP2= @ 0.011268
TP3= @ 0.016840
TP4= @ 0.021330
TP5= @ 0.025820
TP6= @ 0.032220
TP7= @ 0.040390
TP8= Free
There is possibility for the beginning of uptrend in VERIUSDTechnical analysis:
. VERITASEUM/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (47.00 to 39.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (47.00)
Ending of entry zone (39.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 67
TP2= @ 85
TP3= @ 100
TP4= @ 144
TP5= @ 235
TP6= @ 314
TP7= @ 441
TP8= @ 544
TP9= Free
There is possibility for the beginning of uptrend in VERIUSDTechnical analysis:
. VERITASEUM/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the beginning of uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (47.00 to 39.00). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (47.00)
Ending of entry zone (39.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 67
TP2= @ 85
TP3= @ 100
TP4= @ 144
TP5= @ 235
TP6= @ 314
TP7= @ 441
TP8= @ 544
TP9= Free
VERI DIVERGENCE at some point the pressure will need to be released
tokenized assets actually backed by the asset... only legitimate way to do it.
There is a trading opportunity to buy in VERIUSD Technical analysis:
. VERITASEUM/DOLLAR is in a range bound but the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have already opened 8 BUY trade(s) @ 47.07944 based on 'a reversal candle (Hammer)' entry method at 2018.06.29 in our suggested support zone (47.00 to 39.00).
Beginning of entry zone (47.00)
Ending of entry zone (39.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 85
TP2= @ 100
TP3= @ 144
TP4= @ 235
TP5= @ 314
TP6= @ 441
TP7= @ 544
TP8= Free
There is a trading opportunity to buy in VERIUSD Technical analysis:
. VERITASEUM/DOLLAR is in a range bound but the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. We have already opened 8 BUY trade(s) @ 47.07944 based on 'a reversal candle (Hammer)' entry method at 2018.06.29 in our suggested support zone (47.00 to 39.00).
Beginning of entry zone (47.00)
Ending of entry zone (39.00)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 85
TP2= @ 100
TP3= @ 144
TP4= @ 235
TP5= @ 314
TP6= @ 441
TP7= @ 544
TP8= Free
VERI TASTY YUMveritaseum looks ripe for a recovery
looking for trend to break here
took a position at the absolute low
lucky today, who can say tomorrow?