#VRA Technical Analysis, Are you Selling?Verasity is working on a big upgrade to its ecosystem. They're creating a new system with two types of tokens: VRA and a new one called Proof of View (PoV).
PoV will work separately from VRA but will bring extra benefits, like reducing fees and offering rewards.
They're also planning to use PoV for things like improving their content delivery network, detecting ad fraud, and storing campaign data securely.
This upgrade is a big step forward for @verasitytech and they're making good progress on their plans.
TA:-
The chart looks fine. we are on a long-term support. $.0072 to $.0086 is a good support range!
In conclusion, while I see the potential benefits of Verasity's upgrade, I'm uncertain about how holding VRA will directly benefit the community. Personally, I am holding it because the TA looks good and my entry is way too low.
However, I encourage everyone to conduct their own research (DYOR) before making any financial decisions. Remember, this is not financial advice.
VRAUSDT trade ideas
VRA/USDTDespite the recent FUD surrounding VRA and its tokenomics, it remains one of my favorite coins for trading/investing. It has broken out of a significant channel and is now aiming for new highs. It's worth noting that it's still not listed on Binance, which presents significant potential for gains.
This is not financial advice.
VRA NEXT PUMP!!!Here we have another altcoin AI. I like Verasity alot because of the great project they have. VRA is retesting the line support now and up. As you see, we have alot good altcoins in the same situation. This mean there is a good moment for altcoins coming. Are you ready? LIKE for more
VRAUSDT - Trade the Zig-Zag Wave (C) of Wave D...In this refreshed perspective, I share my up-to-date analysis grounded in recent market activities.
My assessment suggests an imminent return to lower levels with a potential breach of support.
Notably, resistance stands firm at .01225. The target lies at the lows of .00938, although further downward movement is plausible.
VRAUSDT - Judging By The Weakness In This Move, Still Wave B...Based on the information available, it seems we are witnessing Wave B within an expanding Wave 2.
The lack of strength in this movement hints at an upcoming Wave C bounce that has not yet materialized.
The observed weakness indicates there might still be potential for limited bullish momentum, but this is contingent upon reaching a definitive low at .00938.
The intricacy of this wave has posed significant challenges.
I plan to share a video later today to delve deeper into this, but I wanted to provide a quick update on the current situation.
TOP OF THE MARKET - VRA & BTC Bearish Cases Laid Out...It seems like Bitcoin has reached its peak.
In this video, I discuss both VRA and BTC. Since I'm analyzing two cryptocurrencies, you might want to extract key levels from the video.
Several indicators are aligning to suggest a bearish scenario for these cryptos, indicating an imminent and significant price reversal.
I'll be providing updates along the way, so stay tuned for more information.
VRAUSDT - This Count Makes More Sense But There's A Catch...In this video, I analyze the latest count of the ongoing Wave A corrective pattern.
I discuss various scenarios, with a primary focus on a downward movement from current levels. My preferred scenario anticipates a decline to .00785.
Previously, I shared a chart suggesting the potential peak of Wave E, but it appears that it was actually Wave E of Wave 2 within the final downward move.
To hedge against potential losses if the price rises, consider shorting with a stop level at .01190; a break above .01198 indicates a potential upward movement before reversing.
This area warrants close attention. Confirmation of the downward move will occur with a breach of the lows at .01019.
VRAUSDT - Possible End of Wave (B) of Wave A...It appears that the Wave E bounce might have concluded, potentially marking the end of Wave (B) within what seems to be a Wave A zig-zag pattern.
My current stance leans towards the interpretation of a Wave A zig-zag, and for this scenario to hold, it's crucial not to breach the support level at .00643.
Should we proceed downwards without surpassing the resistance at .01231, the target could settle around .00651.
I plan to share a detailed video on this analysis later today.
VRAUSDT - Verasity Insanity In The Waves, Just Blame Bitcoin...In this video, I delve into the bewildering fluctuations of these waves.
Wave D within Wave A has turned out to be notably larger than anticipated, yet the clues lie within these undulating patterns.
I cannot overlook illogical maneuvers; all I can do is observe and express my disdain for such absurd actions. However, they remain consistent with the overarching pattern.
Patience remains imperative if you intend to adopt a short position, as suggested in my previous video regarding the potential bounce in Wave E. This possibility still stands. Avoid premature actions; instead, familiarize yourself with the waves. It will safeguard both your finances and your peace of mind.
VRAUSDT - OK, I Have This One Figured Out Now, Let's Make $$$In this video, I discuss the events of the past day and how they've positioned us for a highly likely strategy that can yield significant returns if you adhere to the steps outlined.
I'll update you further, but for now, grasp the context of our situation.
Take a look at yesterday's video where I provided some flawed short-term analysis, which I also address. However, the crucial elements were the primary Wave I and III zig-zags, which provide the key insights into our current position within this pattern.
Also checkout this private chart idea I gave one of members earlier which led to this new analysis:
VRAUSDT - VERASITY Primed For A 140% Move From Here...In this video, I present the AriasWave perspective on the current market situation and why we shouldn't wait for a complete correction before taking a long position with a tight stop.
I don't prioritize likes, as many fail to appreciate my efforts. So, if you like this update then boost the begeezuz out of it!
I also delayed this update to ensure its quality, providing actionable insights with less noise and more analysis, catering to your interests.
Additionally, I've zoomed in to highlight each labeled wave, enhancing our understanding of the impending movement.
Critical Support for Wave iv: .0125
Possible Wave C Support (for a tighter stop): .0136
Target: .0346
VRAUSDT - Final Move Up Before A Massive Dump...When I assert confidently, it's because I'm considering the broader context of the stock market.
Whether it's observing Bitcoin's trajectory in relation to the NASDAQ or how the NASDAQ behaves in relation to the DOW, S&P 500, or other indices, I see them as interconnected.
My assessment suggests that we've reached the market's peak since the cycle's end in 2017. Therefore, my claims aren't solely based on individual coins or wishful thinking.
If you feel you have a better understanding, then why rely on others' analyses? You should present your own.
I maintain my belief that Verasity will reach the target of approximately .0346, but a breach of support at .0064 thereafter would signal the initial stages of a reversal. At that point, adopting a cautious "wait and see" approach would be prudent.
VRA is a rocketIt seems to have finished the big wave B and is now inside the bullish wave C.
The B wave structure is a double correction that is over.
If it hits the green range, it is a buying opportunity.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You