💥VRA - READY FOR NEW NEW ATH BY 500% TO $0.10Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
With Bitcoin indicating a start of bull season, we have more than one factor confirming the continuity of the veracity trend.
First, we have there major areas on the trendline serving as support which reversed price to the upside.
Second, price break out of the consolidation.
And lastly, it broke out of the trendline too.
These three factors are major confirmations to long verasity to a new ATH.
What do you think?
Share your opinion in the comment section✍️
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VRAUSDT trade ideas
VERASITY Huge Potential (VRAUSDT) Analysis 📈📉❇️Hello Crypto community Welcome for introduction of another high potential project.
🔹Rank #403
ETH token / Market Cap:$90,619,650
Circulating Supply: 4.47B VRA ------------------- 43% /
Max Supply 10,356,466,695 ---------------------- SO SO👍
🔹Holders Statistics:
Top 10 Holders
72.89% ------------------ 📛risky❌
🔰WHAT'S Verasity (VRA) ?
Founded on May 18, 2018, Verasity (VRA) is the next generation of video-sharing aimed at creating a fair system for creators to earn from their work, and advertisers to gain value for their ad spend.
a pro-gaming streaming platform which features esports tournaments like PUBG Mobile — which is Verasity’s most important use case according to their whitepaper. The website combines all of Verasity’s products into one platform owned and controlled by Verasity.
Verasity (VRA) offers a unique patented Proof of View system through which it plans to solve the problems of video advertising and NFT fraud.
coinmarketcap-verasity.io
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📈📉 TECHNICAL
As you can see on the WEEKLY timeframe for VRA/USDT , It is trading about $0.02 right now.
As you can see, Vera has been fluctuating between two relatively upward channels
It has now reached significant support and can start rising gradually , and if it can overcome its resistance, it can grow to the top of the smaller channel. And maybe there, depending on the circumstances, it will continue its upward trend or be accompanied by a decline.
🛑resistance level: $0.06 / $ 0.034-$0.038
❇️support level: $0.017- $0.02 / $0.009-0.012
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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VRAUSDT : not ready.In a few words : "nothing yet" but hope appears.
- Location not bad, we touched the long time RLZ.
- MA50, MA100, MA 200 D = bear
- EMA13/MA30 D = bear
- EMA9/EMA18 D = bear
- Vwap = nothing
- OBV = something interesting since january 24.
- Volume : the sellers are calming down.
- William : stupid.
- MACD : no div confirmed.
- No reversal structure in 4h, daily, or weekly.
VRA updateEvening,
Hope everyone has survived the dump and is taking it easy.
I have taken a fair beating after falling asleep and missing my exit on the little fake out pump to 0.029 prior to this sell off and haven't had the confidence to risk off.
We're getting a bit of a bounce here off of daily support and I have opened a couple of long positions with stops already in profit so lets see what happens.
Personally I'm waiting to see what comes from the fed meeting next week as positive news should allow for a decent relief rally but who knows. Traditional stocks look like they've got a little more selling to do so we might see more selling through the start of next week. The fed meeting is on the 26th-27th so we'll have an answer Thursday or Friday next week.
For now I'm hoping for a little relief rally but not expecting too much, hopium is that the weekly closes as a nice juicy pin bar back above 0.031 but that's probably asking a bit much. ;)
Good luck, enjoy your weekend.
VRA weekly chart screaming BUYVRA weekly chart, this chart looks very bullish...
The price on the chart is still making a higher low and the
RSI is having a slightly higher low.
This is looking marvelous at this level. Yellow dotted
line is the support and/or resistances as well as upper
circled % would be bullish price targets.
47 % profit setups !hello
I hope everybody is fine.
after trendline breakout and retest on it, it's the safest way to trade ( but who knows the future and nothing is really " safe ")
you can also buy here !
these are my 2 paths about VRA
if we lose the 0.026 and see a retest on it, the drop will continue
.....
not financial advice!
VERASITY (VRA) HOLDERS WILL BE REWARDED Chart Above has everything you need to know about current price action.
Overall move is a Third-Wave Extension, hence wave 3 being the longest
Best course of action is to DCA, instead of leverage, or wait for bitcoin confirmation.
If you found this helpful, pls leave a like and share you comments below.
Feedback is appreciated.
VRAUSDT expectation mid termSo far no reversal structure and a poor location on VRA, so don't get too excited.
Wait for a return to RLZ (the blue rectangle) and a reversal structure (at least a clean daily one) before entering.
From a TP perspective, the sell zone is in the red rectangle.
Note, the chart seems to like GANN. It hit its target in mid-September 2021 (orange rectangle) calculated from the previous big move. It will be wise to recalculate a GANN when the bearish movement will be over with a true confirmation.