VARAUSD trade ideas
VARAUSD - Bullish Reversal - Targets - Some Common Sense CommentGood afternoon, everyone!
Today volume has picked up quite a bit around what it is on any active trading day. Still a lot of wash trading going on so the manipulators are not out of coin yet. I know it sucks but it is the world we live in.
As for the theory that unlocked coins are being dumped, well I think that is just fake news and that is all there is to it....
The thing is there is not enough liquidity on the entire Coinbase and other exchanges combined to allow for this team's project to cash out any substantial amount of coin at this point even if they just sold it all the way to zero. Plus, why would they bother with doing wash orders? Whoever is dumping this coin is wash trading. They buy coin then they dump it a little, then they buy some more until it goes up a little. Everyone and God can see their little bot there. The only way the founder team would be able to cash any out would be if the price happens to pump significantly. So when the time comes for them to cash out you can bet there will be a pump.
This is a descending range AND price will just bounce around all over the range until it breaks up or down. This asset has already had two ranges break to the bottom SO my belief is that ultimately this asset will break to the upside and significantly.
If this bullish triangle doesn't degenerate into a bear flag we could see a breakout to the upside but who really knows. We are still in the middle of the range and a possible visit to the lower side is always a possibility so I have decided it makes sense to have large buy orders open there in the rare chance that happens soon.
Anyway, I wish all of you the best luck on your trades.
VARAUSD - BULLISH REVERSAL IN THE WORKSPrice action has already wicked off of this level multiple times and with price action now on it's 3rd visit to this region of the chart a reversal to the upside is the most probable outcome.
- Multiple large bullish order walls
- Price action is tapping a previous reversal level
- Price is within the golden pocket of a long squeeze channel
- Bullish squeeze currently visible on several time ranges Weekly, Daily, 6 and 4 hour.
- Expansion on the 6 hour seems to have already begun with a leading head fake.
VARAUSD - What Is a Golden Pocket? - ExplainedIn the above chart I demonstrate the trend line. As you can see it is a region not an actual line. Within this trend line order walls develop or dissolve and as we go along pivot points are created or destroyed. At this juncture price action is still sitting on top of a massive order wall that extends down to about 1190 pips. Volume is very low so in this example if you were to choose to exit your position now you would be selling directly into that order wall and keep in mind that the trend hasn't broken.
VARAUSD - Confirmed Price Manipulation - Bullish SqueezeGood evening guys. Here is my Sunday video. You get two today! Pivot points, golden pocket are pretty much all the same. I will update lower support levels in tomorrow. Feel free to PM me because sometimes I can't reply to your comments in my posts. Have a great Sunday! I hope everyone was able to snag a lot of coins on that little pull back! It was such a small pull back though :(
VARAUSD - Updated Pivot PointsHere are all of the order walls all the way up to 3 cents. I'm going to be out with my family all day, so I won't be able to see live data for the rest of the day. Remember these levels can change. Remember if you decide to take an insurance short, limit risk and take it just below the order wall. If you have order flow data access, try to check to see if the order wall is still there first because it can get tricky.
Bullish Pivot
0.0138-0.0145
Bearish Pivots
0.017-0.02
0.022-0.0255
0.027-0.028
0.029-0.03
Trade the range till the range breaks. Watch out for scammer pumps and I will not be mad at you if you liquidate them on the short or long end of this range, do what you have to do. Good luck my friends.
VARAUSD - Manipulation - Bear Trap - Don't Fall For It!No TA on this post. I just want to call this scammer out. These are the scammer messages Illiquidity sent to me before he changed his name. He is trying to push the price down a little bit before his pump and dumpers do one of their little tiny fake pumps. He was trying to get me to influence the market into his favor. Don't trust this guy and if you talk to him feel free to treat him like crap because he is not a good person.
VARAUSD - Price Manipulation Warning - How To Trade ManipulationI go over how arbitrage bots actually works. I mention that VARA is actually listed on 5 exchanges two of which are not available to US citizens. I also go over why I believe someone is trying to manipulate price action and why it isn't working.
Also, one correction, I was mistaken about VARA being on 5 exchanges, the news announcement I came across was for HitBTC so sorry for the misunderstanding. The overall message in the video is still valid.
See my MIND posting earlier today for pivot points, those have not changes as VARA remains in a tight squeeze. I do not anticipate very much activity but I mentioned to please keep an eye out for low liquidity pumps. It is in our interest to try and take the cash from any manipulators we can and buy in when price dips into the golden pocket. Just keep in mind that the golden pocket extends down quite a bit so there is an opportunity to get a very big spread with all that is going on with this market. I am personally very excited for the opportunity to pull out some additional liquidity as we ride this range.
VARAUSD - LIVE Order Flow Data - PivotsBe sure to watch my video as I discuss trading target.
TRADE THE RANGE!
ENOUGH WITH SPECULATION we trade the actual range here. Order Flow is the way, learn it and get wins, ignore it and lose.
Price range is in the golden pocket. I do not EVER sell into a golden pocket (because why would I sell my coins to myself) I have open long orders here. If you sell here, I WILL RECEIVE YOUR COIN. I hope this is clear, I am in here trading with you, for you, live. Thus far in this range I have a 100% actual, verifiable win rate. So, enough with the speculation and made up terms. There are no such thing as 3 minute sell bots or composite robots. Also, we don't say that "coins are waiting on the sidelines" this isn't a football game. These lines on my chart mean something. The boxes mean something. It all alludes to something that ACTUALLY EXISTS IN ORDER FLOW! Thus, do not FOMO in, no reason to, the range is clear. Buy bottom, sell top, nothing more. Let @illiquidity fool others into chasing fake pumps. Next time that happens, I want to see the candle evaporate into a wick with hundreds of insurance shorts. NONE OF HIS LIQUIDITY SHOULD SURVIVE THIS TEAM'S CHART. We are here to make money boys and someone is putting it out there for us to take right now. Trade the range and get wins. No fear, no doubt, no nonsense made up 3 minute sell bot crap. I don't care, if you see a candle stick pop up 15% evaporate it. Once these scammers run out of money it will be smooth sailing again, just get all of the liquidity, you can see it just as easily as I do, TAKE IT.
Best of luck everyone.
Trade the range till it breaks.
Good night everyone.
VARAUSD - Bull Trap Followed By Bearish Head FakeBullish Pivot Point 1450-1500
Bearish Pivot Point 1750-1900
Levels on the chart on my trading view post are current.
We are still on plan. Increase coin holdings.
Bullish Swing Failure Pattern confirmed.
Range remains intact. Trade the range till the range breaks.
How To Locate Pivot Points Easily Using Free IndicatorsHere are some helpful links for all of you...
My indicators on Trading View, I don't use that many.
Bad Ass B-Bands by WyckoffMode (follow this guy on all platforms)
Chart Champions CC Pocket
VuManChu Cipher B
Off of Trading View
I use BookMap for order flow data. This is where I can pick out exact locations of order walls i.e. pivot points.
My Tutorial on how to easily find squeezes
Here are links to my watchlists (some new ones are missing from Coinbase, add new ones manually)
Coinbase
tradingview.com/watchlists/74158386/
Gemini
tradingview.com/watchlists/74158590/
Kraken
tradingview.com/watchlists/96996184/
VARAUSD - Bullish Squeeze - Levels - Pivot PointsPrice action is in a tight squeeze, conservative pivot points are listed below but see chart for more aggressive higher pivot points. I recommend taking this chart and copying it to your view so you have it available. These levels should be good for at least the next few hours. Support may go up or down slightly but price action currently resides in a GOLDEN POCKET this is a region where I have historically gone long and had great reactions off of this level. I am currently accumulating coin at this region of the range.
Support
$0.0144 - $0.0135
Pivot $0.015
Resistance
$0.0177 - $0.0231
Pivot $0.0165
Trade the range until the range breaks.
Real Time Order Flow Data Used
VARAUSD - URGENT MESSAGE!! - VERY BULLISHI discuss more bullish confluence, foundation activity, liquidity provider activity, and of course pivot points. I also discuss some accusations that keep coming up about me somehow promoting this coin which is idiotic. I am literally helping you guys take the foundations liquidity, we are all making money off of liquidity provider activity, so I don't think I am any friend to the VARA foundation. I am a money hungry swing trader just like you are.
Pivot 1450-1500 Bullish
Pivot 1600-1750 Bearish
Price action is right above a major pivot level where there has already been 2 failed auctions with one of the swing failure patterns resulting in a higher high.
The likliehood of this thing pumping increases more and more as we progress along this long squeeze pattern.
I cannot stress, trade the range, trade it until it breaks. Take liquidity as it is given at the best prices for long or short.
Good luck my friends.
VARAUSD - Bullish Signal Higher Prices By WeekendFIRST OF ALL, Delta is a measurement of strength, delta cannot go missing 😂. This Xenia guy whoever is cracking me up, I wish I was not out of replies. And yes the foundation has trapped longs, they are trapped because we took a huge chunk of their liquidity. So we must take more of it. Higher prices are in the future friends.
VARAUSD - We Are NOT Done Yet We did pretty well today. I do wonder if we could have let prices rise a little further but then again that psychological level at 2000 was making the situation complicated so a lot of you decided to exit at 1900 or just above which I actually agreed with after the fact. I know that once I exit that is usually the start of a head and shoulders pattern so I like to wait as long as I can before exiting.
As it stands right now the liquidity providers are trying to push the price up because tokens are about to unlock completely by the end of summer. We are taking advantage of this fact. Tokens will begin to unlock, those tokens will be staked, and sometime following all tokens being unlocked the price of this asset will be at some unreal amount. In the meantime we are going to constantly, consistently, and actively take liquidity out of this market in the form of COINS and CASH.
Now, looking at my chart, this is the situation. Lots of support underneath but that support adds up to liquidity so if someone wants it, it is there.
I got out a little above 1900 and re-entered at 1776 and 1702 so I am sitting pretty. I took cash out this time around but I have plenty of reserve money for later this week should this thing pull back some more.
I will say one thing, I do appreciate the communication regarding when you guys exit. I think it is a good idea if we take insurance shorts around the same time. Lets continue this team work it is working well.
VARAUSD - Liquidity Provider Activity DetectedThis video went a little longer than I wanted. I go over levels briefly, describing the market activity we witnessed today and plans if we end up with a new level forming. Taking into account psychological with actual levels and cautioning shorting at any sub level going forward due to the large amount of open contracts below price action in the lower / golden pocket of this range.
The levels I posted earlier today in the previous mind and idea are still valid. Slightly boring day but keep your alerts on overnight since we are likely to see a swing during the Asia trading session.
VARAUSD - LONG - Live Order Flow Data In this video I go over levels, targets, and drill in a little more on my methods and why I remain long for the high range and also why I am long on the lower levels too. I would not short now because we are just above a golden pocket. Don't forget to set your pivot levels. I like to take insurance shorts at pivot levels of about 10% of my holdings which is very conservative. I used to do 50% when I was a young man but I kept losing trades to moonshots so I stepped it back. When this coin reverses it is going to new highs but we may have to wait for additional unlocks to occur because the unlocks are what is stabilizing the market. As coins are unlocked, staked, bonded, the network becomes more reliable and emissions start pumping out. These emissions need to be sold at higher prices, thus the reason why the foundation has a liquidity fund.
So, take their liquidity, it is your duty as a swing trader.
Trade this beautiful range until it breaks out.
Good luck my friends and happy trading.
VARAUSD - LIVE Order flow levels, pivots, targetsCoin Market Cap Ranking # 726 down from 717 yesterday
Volume across all exchanges higher today $303,252 up from $281,058 yesterday
Golden Pocket size has increased range 1432-1474 with open contracts approaching 3,000,000 VARA. These are only the orders that we can see but rest assured if price wicks down there it will no doubt trigger automated long contracts to open just as happened a few days back.
Range trading can get tricky when price action squeezes because it looks like the price can't go up because of resistance. What is really happening is a period of indecision. This is when a trader has to get in there and look for liquidity to take without sending the price up in an empty wick.
It isn't shown on this chart but actual high TP1 level is closer to 2700 pips but I do want everyone to be aware of these smaller pivot levels so you can see why price is so boring. There is a massive number of open orders below price action and pretty fair amount of resistance above price action. This is causing this sideways squeeze. Price will just explode all of a sudden at some point, until then trade this range while you can.
VARAUSD - Further clarification - Bullish Golden PocketThese are the levels, trend lines are psychological not real. Traders draw lines and then see a pattern, it is an illusion. What is real right now is that golden pocket and that TP1 target. Focus on what is real and you will make wins. Also, to get a change in structure there has to be expansion which means a headfake or two hitting lower lows. This thing is not going to just take off without shaking a few of you out of the trade first so get ready to get shaken out if you don't have balls. Just FYI, I have huge balls (figuratively speaking :) lol) so scary feelings you may be having about ALT coins getting smashed isn't going to make any difference in my trading plan. When a price gets into a golden pocket at the bottom of a channel I start doubling up. The bottom of a range is a time for calmly looking at what is in existence. Are there order walls? Are long orders stacking up below the range? Is volume very low? I want all of you to win but you can't message me with ideas outside of my trading strategy. I am going to say it again, I don't sell at the bottom of the range unless I see an absolutely bearish structure change and I just don't see it here. I see a descending squeeze that has served as a reliable range for a long time. I actually see a lot of bullish signals all over the ALT coin market so no I am not worried to the least. Business as usual. Trade the range.
VARAUSD - Pivot Levels - LIVE ORDER FLOW DATAVery tight bullish squeeze forming visible up to the 30 minute.
This is substantial considering the low volume.
Bullish squeeze breakouts are preceded by long periods of flat sideways trading where sellers are almost non-existent and buyers open orders below the price action.
Vara Coin Market Cap Ranking today at #717 up from #758 a week ago.
24 hour volume $281,058 down from about $1 Million a day ago
Pivot Points:
Bullish 1461-1501 pips
Bearish 2600-2675 pips
That bullish order wall from 1461-1501 is substantial