VARAUSD I know squeezes suck, but I think once this thing does finally expand it will put even BTC to shame. There is a lot of upside potential here and the increased staking rewards ahead of a massive release cannot really be beat.
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 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.