VRAUSDT.P trade ideas
Good technical and fundamentalConsidering the successful failure of Fibo 10618 and the growth to 2.188 Fibo and the reaction to it, I expect the price to return to the range of $ 0.03, and considering the good news and the possibility of being listed in Bainance, the price will advance in the long run.
2.272 out for VRAVRA riff off of (twitter handle) @techdev_52 analysis of Btc mid-cycle correction, where 1.272 log fib to BTC cycle top 2.272 log fib. 2013 July 1.272 to Nov 2.72; 2017 July 1.272 to Dec 2.272; 2021 July 1.272 to ?Nov-Dec 2.272. This applied to VRA as confluent puts sell off peaks around $0.65-0.90.
#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.
$VRA- Vera Can be Intense!Vera just closing in on the c-pattern key price level (0.022) and gearing up to test the 0.025-0.026 key resistance area.
19th May event cut short its trip to $0.1 but it is getting ready to reclaiming that ... It can be really intense when it is set to move and also when it set to retrace as i have noticed. I simply call $VRA an extremist! LOL!
Reasonable $VRA EOY predictionAs you can see in the chart the green flag represent the best scenario as far as price for $VRA by the EOY, the orange conservative , and the red is the worse cast scenario.
The best case scenario for $VRA within Andrews' Pitchfork Model is that $VRA would have to get outside (specifically about 34% from) that blue upper channel for it to hit $1.08 by the eoy.
What i believe is most likely to happen by the end of the year is that $VRA gets up into the median of this channel and by the eoy it's $.30-.40.
The worse case scenario (which isn't really a bad) is that it ends up in the lower channel and is around $.10-.15.
I have $VRA hitting a $1 sometime in 2022, but as they always say you never know with crypto anything can happen.
$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.
🆓Verasity (VRA) Aug-10 #VRA $VRAVRA has conquered the $0.017 zone and is moving towards the $0.026 zone. But if VRA loses the $0.017 area, it will fall to the $0.014 or even $0.012 area
📈BUY
🔴Buy : 0.0166-0.0174$. SL if B
📉SELL
🔴Sell : 0.0254-0.0266$. SL if A
♻️BACK-UP
🔵Sell : 0.0166-0.0174$ if B. SL if A
🔵Buy : 0.0137-0.0143$. SL if B
🔵Buy : 0.0117-0.0123$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
VRAUSDT - SOLID BUYThis Kucoin gem has many things ready on it's roadmap, Proof of view is a billion dollar problem, they also got a patent on some NFT technology.
Stake your bag on verawallet.io @ 25.5% APR. Or in other words , 0.07% paid out daily. Remember when MATIC and THETA where trading sub 10 cents? This one trades at 1 cent and has about the same tokenomics as MATIC.