VARAUSD Range high of the larger range is $.0498 for July TP target. 1 million VARA should net $49-$50k from this level for conservative investors however November- December targets are much higher. I think accumulate and stake for now but keep your TP 1 liquid because the asset could go up rather quickly. While much of the value is likely to be retained, pullbacks are always nasty. Either we get a big pump or a bear market ensues.Vara Network forum
VARAUSD Range high of the larger range is $.0498 for July TP target. 1 million VARA should net $49-$50k from this level for conservative investors however November- December targets are much higher. I think accumulate and stake for now but keep your TP 1 liquid because the asset could go up rather quickly. While much of the value is likely to be retained, pullbacks are always nasty. Either we get a big pump or a bear market ensues.VARAUSD These patterns are of the same type which are intra squeeze bullish patterns. While they are themselves considered bullish each of these are actually signaling upcoming volatility. Just making all of you aware.tradingview.com/x/yLnHPNWb/
VARAUSD sell volume finally leveled off, bears are exhausted for the moment.
VARAUSD we are about to rocket 🚀VARAUSD Every single time that there has been a big pump it has always been this way where negative (sell) delta shoots way up on a large bullish candle however the same thing also happens prior to a dump. The next two daily candles should give us some indication if the price will level up or if we are still going to squeeze. My guess would be squeeze continuation but who knows really. The thing is there is speculation that BRIDGE is about to come online so that could be why we are seeing this liquidity grab. Order flow doesn't look much different than it did back in April. The price is locked in this squeeze pattern that has an eratic yet slightly bullish pattern although if you zoom out far enough the bearish descending squeeze we have been trading since November has broken out already. This is in no way a guarantee just a fact.VARAUSD time to pump againVARAUSD There is a massive order wall from 7800-8700 not counting the automated one. That is obviously a region where liquidity is going to be taken.VARAUSD Volume is up somewhere around 30XVARAUSD The reason why I use multiple wallets to stake is due to financial and security benefits. Staked coins earn separately so if one wallet gets into a lower paying validator the other wallets may not. Also it allows for me to test a new validator without losing earnings should the new validator end up being offline or malfunctioning. Also if the wallet should get hacked the rest of my funds remain safe. Place no more than 10-15 percent of your holdings into one wallet or CEX at one time.VARAUSD This asset is still squeezing, expansion occured only on the lower time frames, daily and above still signal a squeeze. Also, sell volume is high, wick delta very negative. This is not bearish, could be a continuation or bullish reversal. Staking data is bullish, however a lot depends upon BRIDGE coming online. I remain long, however keep TP 1 and 2 handy, order blocks from about 7800-8701 are massive replenishing bearish order walls. Usually this is due to trapped longs.