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VARAUSD trade ideas

Bullish Inversion on prive vs RSIThe last time Vara was this over sold and had an inversion there were spikes up. June has a smaller inversion on a shorter time span. There is another inversion happening on a longer time span that is creating a trend lin in the RSI. This time frame spans from last November to june this year. In about a 2 month timeframe there was a 268% increase in price per Vara. We shall see... Disclaimer: This is not financial advice. This is me sharing my observation. Trade, invest at your own risk or find your self a licensed financial advisor.
COINBASE:VARAUSDLong
by agilila
8
Dont make it harder than it should be. Buy on the line, make $$$Now that VARA has retraced 50% and sitting on the bottom of the triangle, here's 3 paths moving forward: A. Impulsive to the upside (boosted by ETH ETF approval) B. Sideway and re-accumulation, then move up. (This is more likely to play out) C. It do go down. This is over. (You wish!! this is a bull market and VARA imo hasnt even started) At every time price touched this line in the past, there's tons of sellers and whiners and lots of fear, and each time they are rekt, only to buy back in at the top and ride it back down. Understand human nature and buy when everyone thinks it's over, sell you their bag and then you sell it back to them at much higher. Rinse n repeat
COINBASE:VARAUSDLong
by CryptoMeth69
15
VARA - Reversal Incoming? Today we are looking at VARA! As of right now VARA has bounced from the 0.06 level strongly and volume has increased a lot since. I have personally taken an entry at the current price at the time of posting and will be looking forward to it reaching the 0.12 area and possibly going for that last high it had and maybe even surpassing it. Project Info: Vara Network is a decentralized network built on top of the Gear Protocol, a next-generation cloud infrastructure platform. It aims to address some of the key challenges facing blockchain technology, such as scalability, security, and decentralization. Here are some of the key features of Vara Network: Scalability: Vara Network uses a sharded architecture, which means that the network is divided into multiple partitions, or shards. This allows the network to process more transactions per second than other blockchains. Security: Vara Network uses a Delegated Proof-of-Stake (DPoS) consensus mechanism, which is considered to be more secure than Proof-of-Work (PoW) consensus mechanisms. Decentralization: Vara Network is a permissionless network, which means that anyone can join and participate in the network. Vara Network is still under development, but it has the potential to be a major player in the blockchain space. It is particularly well-suited for gaming applications, as its scalability and low transaction fees make it ideal for processing large numbers of microtransactions. I also want to add that VARA was first offered on Coinbase which as we all know is an exchange that not any project can get listed easily at such as other exchanges like MEXC or Kucoin. DYOR, NFA. Feel free to share your thoughts on VARA and share any charts you might have as well!
COINBASE:VARAUSDLong
by DenseCapital