#VRA Trade PlanIf BTC keeps sideways or up and BTC.D stays sideways or goes down, this idea could provide a simple trade plan for VRA which is getting some momentum the past few days with multiple green high volume days in a row and oscillators moving up. 3 Price targets identified dependent on strength of trend and overall crypto market structure.
VRAUSDT
$VRA - Could go either way, all dependent on $BTCSee how messy it looks with two indicators!!
The RSI is only helpful to a certain extent because when trending upwards it'll always say overbought.
VRA is a great project, as the only crypto in the E-sports video streaming industry. They've done well with their roadmap and have a great team.
I said Long because Bitcoin is bullish and we're heading into the next rally. Some of the indicators clash, but that's okay.
VRA/USDT { VERASITY } - BULLISH SETUPANALYSIS 🔎
- VRAUSDT is printing an ascending triangle pattern.
- This is a bullish build up pattern.
- There's a breakout potential.
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the ascending triangle's horizontal resistance (@0.0198)
- Limit entry: test of the ascending triangle's inclined support.
TARGETS 🎯
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending triangle's inclined support.
VRA/USDT (Kucoin low cap gem) possible 10x 100x (Long term)Verasity is my No.1 long term hodl coin with the great use case and potential future growth. DYOR on fundementals.
VRA had a massive pump beginning of this year with 100x growth yet it's still a low cap gem and it just got back inside the 2021 uptrend after breaking the downtrend since April. Best time to enter and start accumulating.
Target 1 - $0.01610
Target 2 - $0.04
Target 3 - 10x (long term)
Target 4 - 100x (long term)
VRA wallet provides 25% staking reward something to take advantage of if you're a hodler.
Again this is not financial advise please DYOR and place stop loss below $0.00746 and $0.0035 (if you're in for short or mid term trade)
VRA still bullishIn a rising channel, consolidating above major key level in a symmetrical triangle which is a neutral pattern. Unless it breaks down from the rising channel, VRA is bullish. considering that ETH and other alts are bullish, the odds of it going up are greater than down at the moment.
$VRA broke out from triangle and flag, now consoldatingVerasity broke out from the triangle/flag and is consolidating before continuing it's run up. The potential is almost 50% from here, and we can set an aggressive stoploss below the consolidation, or a safe stoploss under the flag's downward channel