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VRAUSDT trade ideas

VRA bullrun is here! Adam & Eve double bottom + breakout + FA! This will be my final article about VRA, as everything is currently absolutely prime for a bullrun. As you can see, we have broken long-term resistance at $0.0016 on the USDT pair. This comes after making a perfect Adam & Eve double bottom pattern. After this breakout confirming the incoming bullrun, we've just had an expected pullback to $0.0012. As seen in the related article I posted about the VRA/BTC pair, the weekly MACD there has just flipped green for the first time in 5 months, and that's after we saw some insane bullish divergence and called the bottom about a month ago. TA-wise both pairs are indicating a massive bullrun is about to start. Then there is the fundamental analysis. Verasity has an extremely small marketcap (currently $4.8m) for its incredible achievements. They have hosted tournaments that have attracted millions of viewers featuring some of the best professional Esports teams in the world. In order to accomplish this they have partnered with Tencent Games. Furthermore, you can very easily stake VRA on Verawallet and earn 36.5% annual (0.1% daily) ROI with the simple click of a button. A Tier 1 exchange listing is planned to happen before the end of this quarter, and others are down the pipeline too. Furthermore, yesterday we have gotten some great exposure on Wallstreetbets' Twitter account and Verasity has offered to host a tournament together with the WSB community. There is so much more to say about this project but it is too much to name in one article, you'll have to DYOR on that. All in all, I think this is my final chance to make a call on VRA before the bullrun goes into full swing. I am expecting to see 20x gains this year, and however crazy it may sound, that is actually quite a conservative call given that it would only give VRA a ~100m marketcap. You don't want to miss this one.
Long
by jariii
1
Crypto|VRA/USDT|Long *High riskLong VRA /USDT TA: More accurate signal to open a trade will be breaking through the resistance (upper line) of the triangle figure (Screenshot attached). Globally, on the entire history of the VRA /USDT chart on the Kucoin exchange, we can distinguish 2 complete perfect cycles consisting of 3 phases (growth, accumulation and fall). Using the minimum cycle data points, you can select the support zone (indicated by the blue zone) (Screenshot attached). Using the "baseline" tool with a set level of 25%, we can determine the approximate zones in which the asset is oversold and more attractive for purchases. In this case, the price is below the 25% level and can be considered attractive for forming a long-term long position. Using the methods used in the previous 2 cycles, you can select the trend zones of the previous and current cycles (highlighted in red, yellow, green zones) (Screenshot attached). The take level is determined using two fibonacci levels, global and level to determine the take price, using these two tools, the take zone highlighted in orange was determined (Screenshot attached). On the chart, you can highlight the global trend line of support. The stop loss zone is indicated under the global trend support levels and under the global price support zone (Screenshot attached). We also considered the scenario with no penetration of the triangular pattern (highlighted with red arrows) (Screenshot attached). There are 2 positive outcomes in which the idea as a whole will be relevant, and the resulting levels will be attractive to buy: 1. Rebound or not consolidate at the upper boundary of the triangle and a drop of its support, then the price is going to retest resistance. 2. Rebound or failure to fix on the upper boundary of the triangle and fall to its support, support does not hold the price and the price falls to the support level of the global trend line, after which it tests the triangle levels.
Long
by Henry_Ross
4